MORRISTOWN, N.J.: Majesco, a global leader in cloud insurance software, is proud to announce that Majesco Intelligent Policy for P&C has been recognized as a Luminary in Celent’s “Policy Administration Systems Vendors: North American P&C Insurance, 2025 Edition.” The solution earned two XCelent awards – one for Advanced Technology and another for Breadth of Functionality for the North America region, bolstering Majesco’s leadership in the P&C market.

Celent’s report offers an in-depth evaluation of P&C policy administration systems across functionality, customer bases, lines of business support, technology, implementation, pricing, and support. Majesco Intelligent Policy for P&C was included in the detailed technical capability matrix assessment which has five classifications based on the sophistication and breadth of its technology and functionality for the Technical Capability Matrix, with Luminary top recognition.

“Majesco Intelligent Policy for P&C has achieved notable recognition as a Luminary in Celent’s Technical Capability Matrix and for receiving both the XCelent Award for Advanced Technology and the XCelent Award for Breadth of Functionality in the policy admin domain,” said Karlyn Carnahan, Head of Celent’s North American Insurance practice. “With a strong, comprehensive policy admin platform, Majesco empowers insurers to leverage advanced capabilities including embedded analytics such as its advanced GenAI capabilities, customizable PowerBI reporting, AI models such as Property Intelligence, access to all operational data in the data lake, efficient ISO circular capabilities, and access to pre-integrated third-party solutions through the EcoExchange marketplace. This unleashes insurers' operational efficiency, productivity and innovation while advancing customer experiences with the advanced technology and seamless integration.”

“We are honored to be recognized as a Luminary once again by Celent,” said Manish Shah, Chief Product Officer, and President at Majesco. “Our continued investments in GenAI capabilities have allowed us to deliver a compelling comprehensive business solution that enhances operational efficiency, productivity, and customer experience. Majesco has been at the forefront of AI-led innovation by taking a significant leap forward, moving from insights to operational impact. With features like a Microsoft Copilot-based chatbot for policy renewals and endorsements, customizable PowerBI reporting, and access to pre-integrated third-party solutions through the EcoExchange marketplace, we are laser-focused, driving innovation and business value for our clients. We are committed to continuous innovation, delivering advanced and transformative capabilities that shape the future of insurance for our customers and the industry.”

Majesco Intelligent Policy for P&C is a next-gen policy platform built to support business transformation and rapid growth. It enables insurers to quickly create and launch products tailored to emerging customer needs and market risks. With embedded GenAI across the solution and tools like the Microsoft Copilot-based chatbot, Policy for P&C provides carriers with agility, innovation, and speed, while offering a lower risk model in terms of investment, operating costs, and scalability. It is part of the industry leading Majesco Intelligent Core Suite for P&C.

About Majesco

Majesco is the partner P&C and L&AH insurers choose to create and deliver outstanding experiences for customers. We combine our technology and insurance experience to anticipate what is next, without losing sight of what’s important now. Over 350 insurers, from MGAs, greenfields and startups to some of the world’s largest insurers and reinsurers, rely on Majesco’s intelligent SaaS platforms solutions, with GenAI powered insurance data analytics, of core, data, analytics, distribution, underwriting, loss control, digital, and rich ecosystem of partners to create their next now.

As an industry leader, we don’t believe in managing risk by avoiding change. We embrace change, even cause it, to get and stay ahead of risk. With 1000+ successful implementations and 90% of our customers in the cloud we are uniquely qualified to bridge the gap between a traditional insurance industry approach and a pure digital mindset. We give customers the confidence to decide, the products to perform, and the follow-through to execute.

For more information, please visit www.majesco.com and follow us on LinkedIn.

Fonte: Business Wire