American Public Life Insurance Company Selects Majesco L&A and Group Core Suite
Deepthi | Myequity news | Date : 19-02-2019 20:05:00 IST
American Public Life Insurance Company (APL) selected Majesco L&A and Group Core Suite platform as the foundation of its digital business transformation strategy.
“As the industry and our customers rapidly embrace digitalization, we recognize the need to radically improve our technology footprint. In doing so, we’ll be able to expand the reach of our organization to better serve and engage with all of our constituents while optimizing our performance,” said Jim Pate, APL President/CEO. “After a long and arduous assessment, we determined that Majesco’s vision, strategy, team and solutions align with our business today and in the future. We look forward to our implementation and the value it will bring to our customers and employees.”
“We’re extremely honored to be partnering with APL to enable their digital business transformation,” said Adam Elster, CEO for Majesco. “The group and voluntary benefits market is rapidly changing to align to new customer expectations and different products and services that meet a shifting employee and employer marketplace. Our core platform uniquely provides a single platform for both individual and group/voluntary, which can simplify an insurer’s environment, while providing a platform for growth. We look forward to an exciting future with APL.”
Majesco L&A and Group Suite supports individual, group and voluntary benefits on a single platform, recognizing that growing and retaining customers, regardless of where they originate, is critical to insurers’ growth strategies. The suite provides essential core system capabilities for policy, billing and claims. The powerful design allows for rapid adaptation for new, innovative products or benefit plans, giving insurers the power, flexibility and speed needed to capture opportunities and create profitable growth.
Insurance business transformation is a journey of change and revitalization, a renaissance of Insurance. Approximately 160 insurance companies worldwide in P&C, L&A and Group/ Employee Benefits are transforming their businesses with Majesco’s solutions.