Majesco

Majesco Limited is a provider of cloud-based software solutions specifically tailored for the insurance industry, with operations in North America, Europe, and Asia. The company offers a comprehensive range of products, including a Property & Casualty Core Suite and a Life & Annuity Core Suite, which facilitate essential insurance functions such as policy management, billing, and claims processing. Additionally, Majesco provides CloudInsurer and Digital1st platforms, which support digital engagement and analytics for insurance businesses. These solutions cater to various stakeholders in the insurance value chain, including property and casualty insurers, life and annuity providers, managing general agents, and startups, enabling them to optimize operations, comply with regulations, and innovate their offerings. Majesco also delivers cloud implementation, professional services, and consulting to enhance its clients' transformation journeys in a rapidly evolving market. The company, originally founded in 1982 and formerly known as MajescoMastek, is headquartered in Morristown, New Jersey.

Adam Elster

CEO and Board Member

8 past transactions

Integrow Asset Management

Corporate Round in 2021
Integrow Asset Management is a real estate-focused asset management firm based in Mumbai, India. The company specializes in managing the Integrow Special Opportunities Fund, which targets distressed real estate investments, primarily in the office and multifamily asset classes. Integrow Asset Management aims to enhance value through informed investment strategies and effective processes, assisting clients in realizing their vision for sustainable real estate democratization with a commitment to integrity and confidence.

K2V2

Acquisition in 2021
K2V2 provides Software as a Service (SaaS) products, services and Enterprise Software catering to the real estate industry.

Utilant

Acquisition in 2021
Utilant is an enterprise software company that specializes in providing a comprehensive Survey Management SaaS Product Suite tailored for the insurance industry, focusing on Loss Control and Premium Audit surveys. The company’s InsurTech solutions facilitate predictive risk insights and intelligent loss control for Property & Casualty Insurance Carriers and leading Risk Engineering firms. Utilant's Loss Control 360 platform utilizes an extensive repository of survey data, complemented by workflow tools that enhance underwriting decisions. By automating the loss control workflow, Utilant’s software enables insurers to efficiently collect information, manage risks, and streamline their processes, thereby improving overall operational effectiveness within the insurance and real estate sectors.

ClaimVantage

Acquisition in 2021
ClaimVantage offers industry-leading software that empowers insurance companies, Third Party Administrators (TPAs), and employers worldwide to manage life, health, and absence claims efficiently and securely. Our solutions help our customers deliver superior customer service, providing a competitive edge in a crowded marketplace. Hosted on the Salesforce platform, our configurable and intuitive cloud-based software is developed and updated by industry experts. Regular enhancements keep our customers on top of market changes and industry developments. Our best-in-class solutions are fully integrated and can be accessed anytime, anywhere, helping our customers minimize fraud, streamline operations and improve productivity, while saving on implementation costs.

Guide Pointer

Acquisition in 2021
Guide Pointer develops web-based software tailored for fishing guides and outfitters. The company specializes in providing solutions for outdoor recreation activities, including fly fishing, wing shooting, and general outdoor sports. Its offerings encompass a range of services such as travel arrangements, lodging management, reservations, and online booking systems. By focusing on the needs of outfitters and guides, Guide Pointer aims to enhance operational efficiency and improve customer experience in the outdoor recreation industry.

Inspro

Acquisition in 2020
InsPro Technologies is a provider of group and individual insurance policy administration software for health, life, and annuities, called Inspro Enterprise. InsPro Enterprise is a web-based software that crosses the entire enterprise of an insurance agency - from marketing to operations. The software also spans the entire insurance product and policy lifecycle, and offers integrated support for all channels, policies and users. InsPro Enterprise manages billing, claims and payments for insurance agencies. Because it is built on a web-based architecture, InsPro enables companies to consolidate multiple policies into one processing platform. In addition to the web-based software, InsPro also offers customers optional hosting, application management, and tech support.

Exaxe

Acquisition in 2018
Exaxe is a consultancy and software company based in Dublin, Ireland, specializing in providing solutions for the financial services industry, particularly in the life, pensions, and wealth management sectors. Established in 1997, Exaxe operates through two main divisions: Exaxe Consulting, which offers business and technical resources throughout project phases, and Exaxe Product Solutions, which delivers a digital platform facilitating the creation and administration of financial products. Their software as a service (SaaS) solutions support the entire product lifecycle, enabling clients to launch products quickly and manage operations efficiently without incurring significant upfront costs. Exaxe serves a diverse clientele across Europe, including notable organizations such as AXA Life Invest, Police Mutual, and Retirement Advantage. As of August 1, 2019, Exaxe operates as a subsidiary of Majesco.

Cover-All Technologies

Acquisition in 2015
Cover-All provides insurance professionals with the most dynamic web-based platforms for managing business. Their unique solutions are based on years of industry experience, and are designed to help you deliver products to market faster, enhance quality, increase productivity, and reduce costs. Whether you're in need of a custom solution, or one that works right off-the-shelf, their technical and insurance expertise will help your business achieve success.
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