Apollo Munich Health Insurance (AMHI) Enhances Distribution with Majesco’s Digital Solutions
Game-changing results improved policy issuance from 10-15 days to 5-10 minutes
Majesco has developed a mobile tablet automated policy issuance application leveraging the DigitalConnect platform. The application enables agents to quickly and dynamically capture customer demographics, scan documents and issue the policy at the point of sale via the mobile tablet. The data captured is immediately integrated using straight through processing with AMHI’s core policy system to approve the policy and provide a payment option to enable the real-time close of sale. This game-changing solution using Majesco DigitalConnect with a unique mobile application radically transforms agent and customer expectations and engagement, by significantly reducing the policy issue time to 5-10 minutes for straight through process cases.
Majesco DigitalConnect is a single platform for all lines of business, with ready to deploy portal and mobile solutions for customers, agents, alternative distribution channels, and group benefits / employees. It is designed to enable personalization of the portal and mobile solutions based on the unique customer journeys and personas defined by each insurer to fulfill their unique and multi-channel distribution and customer experience needs.
About Majesco
Insurance business transformation is a journey of change and revitalization, a renaissance of Insurance. Approximately 150 insurance companies worldwide in P&C,
Cautionary Language Concerning Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of management, are not guarantees of performance and are subject to significant risks and uncertainty. These forward-looking statements should, therefore, be considered in light of various important factors, including those set forth in Majesco’s reports that it files from time to time with the
Important factors that could cause actual results to differ materially from those described in forward-looking statements contained in this press release include, but are not limited to: integration risks; changes in economic conditions, political conditions, trade protection measures, licensing requirements and tax matters; technology development risks; intellectual property rights risks; competition risks; additional scrutiny and increased expenses as a result of being a public company; the financial condition, financing requirements, prospects and cash flow of Majesco; loss of strategic relationships; changes in laws or regulations affecting the insurance industry in particular; restrictions on immigration; the ability and cost of retaining and recruiting key personnel; the ability to attract new clients and retain them and the risk of loss of large customers; continued compliance with evolving laws; customer data and cybersecurity risk; and Majesco’s ability to raise capital to fund future growth.
These forward-looking statements should not be relied upon as predictions of future events and Majesco cannot assure you that the events or circumstances discussed or reflected in these statements will be achieved or will occur. If such forward-looking statements prove to be inaccurate, the inaccuracy may be material. You should not regard these statements as a representation or warranty by Majesco or any other person that we will achieve our objectives and plans in any specified timeframe, or at all. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this presentation. Majesco disclaims any obligation to publicly update or release any revisions to these forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release or to reflect the occurrence of unanticipated events, except as required by law.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180117005163/en/
Majesco
Director — Global Marketing
[email protected]
Source: Majesco
Three insurers expand autism coverage
The Standard Promotes Brent Stephens to Second Vice President and Associate Actuary, EB Actuarial
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News