Business operations

Majesco Partners with Larsen & Toubro Infotech to Transform Insurers’ Business Operations

MORRISTOWN, NJ–(BUSINESS WIRE)–Majesco, a global leader in insurance cloud software solutions for insurance business transformation, today announced a partnership with Larsen & Toubro Infotech (LTI) to help our customers accelerate their transformation journey digital, open up new opportunities and deliver personalized customer experiences .

LTI is a global technology consulting and digital solutions company, helping insurers solve complex business issues such as digital adoption, customer experience, speed to market, underwriting profitability, l operational efficiency and claims optimization, across the insurance value chain, including intermediaries, carriers, reinsurers and regulators.

“Customers today are digitally savvy. With changing behaviors and needs, there is even more demand for flexibility and convenience in the customer experience,” said Ed Ossie, COO of Majesco. “The partnership between Majesco and LTI will help customers leverage today’s advanced digital technologies and solutions to deliver a new user experience, create new products and services while innovating their business models.

LTI’s deep domain expertise and proven track record in implementing packages across the entire insurance value chain, coupled with Majesco’s cloud-based digital and core solutions, will help insurers realize business value faster through digital transformation.

“We are strategically strengthening our partner ecosystem to provide our customers with flexible, cloud-native and modern solutions to build their digital foundation. We are thrilled to partner with Majesco, one of the industry leaders, to empower independent insurers with next-generation solutions,” said David Althoff, Commercial Director, Insurance at LTI. “We are confident that our technology-driven mindset and deep consulting expertise, along with Majesco’s market-leading solutions, will accelerate our clients’ digital transformation.

The partnership will focus on LTI providing systems integration expertise and resources to assist Majesco customers with their implementations. Currently, several P&C and L&A clients will leverage this partnership for their transformation programs. Majesco has worked closely with LTI to strengthen trained resources to support these and future programs.

About Majesco

Majesco is the leading software partner for the P&C and L&A insurance markets to modernize, optimize and innovate their businesses quickly and at scale. More than 330 insurers, from greenfields, start-ups and MGAs to the largest insurers, reinsurers and brokers, use Majesco’s next-generation SaaS platform solutions for core, data and analytics, digital, distribution, absence management and a rich ecosystem of established markets 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 the cloud with Majesco platform solutions, together we have an incredible track record of innovation and real-world results. For more details on Majesco, please visit www.majesco.com.

About LTI:

LTI (NSE: LTI) is a global technology consulting and digital solutions company that helps more than 460 clients succeed in a converging world. With operations in 33 countries, we go the extra mile for our customers and accelerate their digital transformation with LTI’s Mosaic platform enabling their mobile, social, analytics, IoT and cloud journeys. Founded in 1997 as a subsidiary of Larsen & Toubro Limited, our unique heritage gives us unparalleled real-world expertise to solve the most complex business challenges across all industries. Every day, our team of more than 40,000 LTItes enables our clients to improve the efficiency of their business and technology operations and deliver value to their customers, employees and shareholders. Learn more at http://www.Lntinfotech.com