Raffles Health Insurance Singapore Selects Majesco’s Health Core Platform

By a News Reporter-Staff News Editor at Managed Care Weekly Digest -- Majesco (NYSE American: MJCO), a global provider of platform software solutions and consulting services for insurance business transformation announced that Raffles Health Insurance ("RHI"), a leading healthcare insurance company based in Singapore, has selected Majesco's Health Core platform to transform their business by creating a compelling, integrated experience for their customers and stakeholders (see also Majesco).

RHI, incorporated in 2004, commenced operations as a general insurer and transitioned to a life insurer in March 2006 under the purview of the Monetary of Authority of Singapore. RHI is a wholly-owned subsidiary of Raffles Medical Group, a leading integrated healthcare service provider in Singapore. RHI offers both corporate group benefit plans and individual health plans.

Majesco's Health Core platform will provide RHI with a single cloud platform to manage, administer and service their individual and group insurance. The platform will integrate with Central Provident Fund of Singapore and work in conjunction with the applications hosted by Ministry of Health to handle medical insurance with respect to Singapore residents. The platform will help RHI improve efficiencies and accelerate time to market with products and services.

Ms. Christine Cheu, General Manager, RHI said, "We are pioneering the next generation of health insurance. With Majesco's Health Core platform, we aim to provide best in class healthcare experience to our stakeholders. Majesco's experience in this domain in the Asia Pacific ('APAC') region gives us the confidence that their expertise will help us achieve our goal of being a leader in the health insurance space."

Ketan Mehta, CEO and Co-Founder of Majesco, said, "The insurance dynamics are changing rapidly with significant emphasis on speed to value, digital enablement and improving the customer experience. We are excited to have RHI join our growing customer community and honored to partner with a forward-thinking and innovative health insurer. We thank them for their confidence in our team and solutions."

Keywords for this news article include: Asia, Majesco, Business, Singapore, Health Insurance, Health and Medicine.

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