Majesco | June 09, 2021
Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced cloud-native core containerization for Majesco P&C Core Suite and Majesco L&A and Group Core Suite to provide portability, agility, speed-to-market, and ease of environment consistency management for companies accelerating their business transformation on the cloud.
Majesco P&C Core Suite and Majesco L&A and Group Core Suite are built as Docker images, orchestrated using Kubernetes, and deployed as Helm charts enabling customers to run on any cloud infrastructure. Majesco will continue to assess the right balance of further decomposition into granular microservices based on customer and market-driven demands with the first decomposition completed. With parallel run validations, this transition is seamless – with no business interruptions – and requires no additional testing or change efforts for carriers.
With cloud-native core Containerization support, Majesco's cloud operations will be more reliable, responsive, and secure. Additional benefits include:
• Consistency – Enable consistency of deployments across all environments through the same app deployment structure and infrastructure configurations.
• Dynamic Scalability – Dynamic adjustments to computing resources by automatically scaling to new nodes based on load for better ROI and operational readiness.
• Superior Availability – Separating functionality across containers and monitoring for problem detection and self-healing to deliver higher availability.
• Enhanced Security - Applications isolation from the host and each other, Kubernetes secrets for provisioning passwords/keys, and automatic app management and deployment provides enhanced security.
• Faster Deployment - Standardized docker images enable faster deployment of Majesco Apps and faster patching for host OS.
• Cloud Platform Agnostic - Abstraction from host OS, an inherent feature of containerization, makes the app run on any cloud platform.
• Cost-Effectiveness - Scaling of lightweight containers, auto-scaling, and a high degree of automation significantly reduce operating costs with horizontal scaling.
Majesco was named a Leader in the October 2020 Magic Quadrant for P&C Core Insurance Platforms, North America, and a Visionary in the August 2020 Magic Quadrant for Life Insurance Policy Administration Systems, North America. The company also received an XCelent award for Depth of Service in Celent's Policy Administration Systems: North America Property Casualty Report and named the Top "Best-in-Class" Vendor in the P&C Policy Administration Aite Matrix Report.
Majesco is the leading software partner to both the P&C and L&A insurance markets to modernize, optimize and innovate their businesses at speed and scale. Over 330 insurers, from greenfields, start-ups, and MGAs to the largest insurers, reinsurers, and brokers, use Majesco's next-generation SaaS platform solutions of core, data and analytics, digital, distribution, absence management, and a rich ecosystem marketplace of established and InsurTech partners to build the future of insurance.
Our technology, expertise, and leadership help insurers innovate and connect to build the future of their business. With over 825 successful implementations and over 65% of our customers on Cloud with Majesco platform solutions, together, we have a fantastic track record of innovation and real-world results.
HawkSoft, InsuredMine | January 19, 2021
HawkSoft, the Oregon-based insurtech company, launched an integration with InsuredMine, a Texas-based insurtech that gives sales, CRM, marketing automation, analytics, and a client mobile app in an all-in-one platform. HawkSoft embraces a collaborative API approach to help independent agencies leverage a different range of innovation partners. HawkSoft's inclusivity can go the extra mile while partnering with insurtech sellers that aim at consolidating key functionality into bound together platforms. InsuredMine utilizes HawkSoft's Partner API to populate their framework with client and strategy data pulled in near real-time from the HawkSoft agency management framework. Data from HawkSoft is used all through InsuredMine's CRM and sales work processes to assist agencies with accelerating business sales and delve further into their present book of business for cross-sales and rounding openings. Client and strategy data is also leveraged for client segmentation and automation triggers to dribble communications via advanced functionality of the Engagement module in InsuredMine. InsuredMine's mobile app for insureds also works with data in HawkSoft to allow an agency to offer mobile access to their policyholders without the requirement for any extra data section.
"HawkSoft is excited to collaborate with InsuredMine and their suite of business productivity tools," said Rushang Shah, VP of Marketing at HawkSoft. "InsuredMine, like HawkSoft, is a product-driven company," continued Rushang, "and the scope of functionality within their product allows an agency to check off so much of their insurance tech stack from one vendor."
"Integrating with HawkSoft is not just about providing a world-class solution or eliminating friction in the process for client agencies but investing in relationships that have a similar organizational mindset and obsession of driving value for clients," said Raution Jaiswal, Co-founder of InsuredMine.
Mutual customers of HawkSoft and InsuredMine can enable integration within HawkSoft's Marketplace. To learn more about InsuredMine and their integration with HawkSoft.
Since 1995, HawkSoft is a leader in management systems for independent insurance agencies that want effective workflows and a delightful experience for staff and policyholders. Created by independent agents, HawkSoft continues to evolve as a cutting-edge system that powers thousands of agencies. HawkSoft offers the following promise to insurance agents: your investment in HawkSoft will pay for itself in the first year.
InsuredMine is a best in class, all in one integrated software system helping independent insurance agents optimize and grow their agency by converting, engaging, and retaining clients, all while providing a state-of-the-art experience to the agents as well as their customers. InsuredMine's CRM helps agents with fast and smart sales, segmented and automated engagement, real-time visual analytics, and policy wallet via the mobile app to help them grow double digits and reduce operating costs. InsuredMine is empowering independent insurance agencies to compete in the digital age against digital products and grow revenues faster.
Berkshire Hathaway | July 22, 2020
Berkshire Hathaway Specialty Insurance (BHSI) has added Manchester to its roster of locations as the Boston-based insurance behemoth continues its British expansion. Coinciding with the office launch is the appointment of three national product line leaders UK national property manager Irfan Esa, UK national casualty manager Gemma McKenzie, and UK national executive & professional lines manager James Burke. Esa brings more than 17 years of experience in technical property underwriting; McKenzie, over two decades of casualty underwriting expertise; and Burke, 16 years of financial lines know-how.