Majesco Digital1st® EcoExchange Expansion with New Partner Apps and Unveils New Partner Self-Serve Capabilities
40 partner apps from 14 partners Majesco’s Digital1st® EcoExchange reflects the growing traction with incumbent and InsurTech partners
“As platform-based ecosystems for P&C insurers continue to develop, Celent sees some important trends,” comments
This update emphasizes Majesco’s continued investment in the Ecosystem and Platform strategy that enable insurers to create personalized and compelling digital experiences for its customers and agents by leveraging innovative capabilities and data sources offered by a growing diverse community of partners. Some key enhancements include:
- Over 40 partner apps offering a variety of capabilities and data sources supporting underwriting, service, claims, customer engagement, data analytics and more.
- New partner self-service capabilities with “No Code” configuration for developing and featuring their Apps on Digital1st® EcoExchange. Majesco partners will be able to build and publish EcoExchange Apps without any coding. This is a unique approach to reduce the cost of development and maintenance for partners.
- The Majesco P&C Core Suite now has out of the box integration with partner apps available on the Digital1st® EcoExchange to accelerate core systems speed to implementation.
The new partner self-service capabilities that will enable rapid creation of new partner apps on the Digital1st® EcoExchange will accelerate innovation by delivering advanced and leading-edge capabilities as well as new data sources for insurers to use in support of their digital transformation.
“This next-generation, cloud-native partner ecosystem is the preferred way to integrate third-party services and offers a true 'find and bind' environment,” says
The latest enhancements underscore Majesco’s continued commitment to creating the next generation digital insurance platform and marketplace that focuses on customer experience, enables business innovation and embraces the growing importance of robust ecosystems that are needed by insurers to compete in a new digital era.
About Majesco
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: the adverse impact on economies around the world and our customers of the current COVID-19 pandemic; our ability to achieve increased market penetration for our product and service offerings and obtain new customers; our ability to raise future capital as needed; the growth prospects of the property & casualty and life & annuity insurance industry; the strength and potential of our technology platform and our ability to innovate and anticipate future customer needs; our ability to compete successfully against other providers and products; data privacy and cyber security risks; technological disruptions; our ability to successfully integrate our acquisitions and identify new acquisitions; the risk of loss of customers or strategic relationships; the success of our research and development investments; changes in economic conditions, political conditions and trade protection measures; regulatory and tax law changes; immigration risks; our ability to obtain, use or successfully integrate third-party licensed technology; key personnel risks; and litigation risks.
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: https://www.businesswire.com/news/home/20200609005585/en/
+ 201 230 0752
[email protected]
Source: Majesco
AM Best Upgrades Issuer Credit Rating of Liberty Union Life Assurance Company
Outcry as some nursing homes try to grab stimulus checks
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News