Reinsurance News
Majesco
Majesco to quadruple AI investment to expand, accelerate P&C roadmap
5th December 2025
Majesco, a technology provider known for its cloud-native and AI-native solutions for Property & Casualty and Life & Annuity/Health insurers, has reinforced its dedication to the P&C sector with plans for expanded investment and an accelerated product roadmap. The company detailed new initiatives aimed at shaping the next generation of AI-driven ... Read the full article
Majesco to acquire Vitech, expanding cloud-native insurance and pension technology capabilities
21st November 2025
Majesco, a provider of cloud-native, AI-driven software for the P&C and L&AH insurance segments, has announced an agreement to acquire Vitech, a developer of cloud-based pension and benefits administration solutions. The transaction will establish Majesco as a provider of core technology for the Group & Benefits and Retirement & Pension markets. ... Read the full article
Majesco launches MGA Model Office for P&C CoreConnect
27th October 2025
Majesco, a provider of cloud-based insurance software, has announced the launch of a new managing general agent (MGA) Model Office for P&C CoreConnect. This new model office is described as an innovative, fully pre-configured MGA system that is production-ready, available on demand, and packed with third-party integrations and pre-built lines of ... Read the full article
Majesco report urges shift from legacy models to future-ready foundations
13th June 2025
Majesco, a provider of cloud-based insurance software, has released a new Thought Leadership report, Strategic Priorities 2025: A New Operating Business Foundation for the New Era of Insurance, which outlines why a shift away from legacy operating models and outdated technology is necessary to meet the needs of a rapidly ... Read the full article
Davies adopts Majesco’s AI driven system to predict risks efficiently
20th September 2024
Davies, a professional services and technology specialist, has partnered with Majesco, a global cloud insurance software solutions firm, to provide faster and more efficient loss control and premium audit surveys for clients. This move allows Davies to implement Majesco’s AI-driven Loss Control 360 (LC360) inspection management system, which adapts to evolving ... Read the full article
Majesco launches AI ecosystem to enhance insurance solutions with key models
19th September 2024
Majesco, a provider of cloud-based insurance software, has introduced a new AI ecosystem powered by Majesco Copilot, enabling a seamless integration of various industry AI models into Majesco’s solution workflows, starting with a select group of partners. “This new AI ecosystem introduces a rapid approach to integrate via Majesco Copilot with some ... Read the full article
Majesco & Microsoft collaborate to deliver advanced GenAI-driven solutions
5th June 2024
Majesco collaborates with Microsoft to develop Majesco Copilot, which integrates cutting-edge generative artificial intelligence (GenAI) into the company’s solutions to revolutionise and encourage operational optimisation across the insurance industry. This collaboration significantly benefits Majesco customers by providing them with cutting-edge solutions, a next-generation architecture base, security, and transformational experiences. Majesco Copilot promotes ... Read the full article
Insurers’ business models and technology fail to meet today’s demands: Majesco
17th May 2024
Insurers' traditional business models and technological infrastructure are ill-equipped to meet the demands of today's rapidly evolving landscape, as noted by Denise Garth, Chief Strategy Officer at Majesco. This sentiment is echoed in Majesco’s latest thought leadership report, which emphasises the urgent need for updates or replacements. Failure to address these issues ... Read the full article
Majesco identifies new drivers of change in auto insurance market
2nd November 2023
Cloud insurance software solution for the insurance business, Majesco, in its report "Bridging the Customer Expectation Gap for Auto Insurance," has given an intricate view of the rapidly changing forces impacting the property and casualty industry’s largest line of business, commercial and personal. The shifting ownership, usage, risk and claims costs ... Read the full article
Majesco & CyberCube partner to meet cyber demand
9th May 2022
Majesco, a global provider of cloud insurance software solutions for insurance business transformation, has announced a partnership with CyberCube – a global provider of advanced solutions for cyber insurance risk modelling, rating and underwriting. The partnership between the two companies will accelerate the use of expanded sources of data, signals, and ... Read the full article
Majesco to be acquired by Thoma Bravo
10th August 2020
Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that it has signed an amended definitive agreement to be acquired by Thoma Bravo in a transaction valuing the company at $729 million. This figure represents an increase from the initial $594 million valuation when the ... Read the full article
Majesco agrees to be acquired by Thoma Bravo
29th July 2020
Majesco shareholders are set to receive $13.10 in cash per share as the company will be acquired by Thoma Bravo. Majesco, a global leader of cloud insurance software solutions for insurance business transformation, has signed a definitive agreement to be acquired by Thoma Bravo, L.P., one of the worlds leading private ... Read the full article
Re/insurers to shift from products to platforms with cloud technology
16th November 2017
Insurance technology software provider, Majesco, said a new generation of cloud business platforms, Digital Insurance 2.0, are the stage from which re/insurers will achieve the digitisation of internal processes as well as bring new digital insurance solutions into the market, in its latest report on the capabilities of cloud platforms ... Read the full article
Industry-first platform developed by IBM & MetLife to enhance insurers capabilities
11th October 2017
IBM has partnered with MetLife to develop a new platform for the global insurance industry on the IBM Cloud, designed to improve both the process and economics for product development, as well as enhancing underwriting and benefits delivery. The new, industry-first platform aims to assist insurers expansion into new products and ... Read the full article
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