US-based cloud insurance coverage software program options supplier Majesco has shaped a strategic partnership with Microsoft.
The tie-up is aimed toward facilitating long-term digital transformation for insurance coverage corporations by enabling entry to a scalable and safe clever cloud atmosphere that leverages Microsoft Cloud and Analytics capabilities.
Below the alliance, Majesco and Microsoft will provide a streamlined and built-in digital insurance coverage platform powered by Microsoft Azure’s structure.
In accordance with Majesco, its cloud platform integrates with Azure to supply options to deal with the challenges of the insurance coverage trade.
The corporate added that the collaboration is predicted to end in “modern and transformative options” to assist improvement and adaptability within the continually growing insurance coverage enterprise.
Majesco international cloud operations SVP Robert Machnacki mentioned: “The race to the cloud has change into a pivotal focus within the boardroom, driving insurers to hunt not solely migration but in addition a very transformative SaaS platform that meets present enterprise challenges and elevates the client expertise.
“Our partnership with Microsoft exemplifies our unwavering dedication and important funding in providing prospects an unparalleled cloud resolution with differentiated capabilities.”
Microsoft monetary providers vice-president Luke Thomas mentioned: “In deploying each important infrastructure and modern AI options, Majesco is empowering their prospects to not solely speed up digital readiness but in addition assist them to spice up profitability.
“Utilising the ability of the Microsoft Cloud permits Majesco to supply endpoint safety and modern generative AI fashions to their purchasers, ensuing within the highest calibre buyer expertise.”
In March this 12 months, Aviva UK chosen Majesco to bolster its underwriting profitability and danger mitigation capabilities.