Majesco
Majesco Limited is a global provider of cloud-based software solutions tailored for the insurance industry, serving clients in North America, Europe, and other regions. The company specializes in delivering comprehensive insurance software that supports property and casualty, life, annuities, and pensions sectors. Its key offerings include a Property & Casualty Core Suite, L&A and Group Core Suite, and LifePlus Solutions, which encompass essential functions such as policy management, billing, claims, and distribution management. Additionally, Majesco provides a Digital Insurance platform and Data and Analytics solutions to enhance business intelligence and analytics capabilities for insurers. Founded in 1982 and headquartered in Morristown, New Jersey, Majesco aims to empower insurance organizations to optimize their operations across the entire insurance value chain, adapt to regulatory requirements, and innovate in product offerings. The company also offers consulting, implementation, and support services to facilitate seamless transitions to cloud-based operations.
Decision Research Corporation
Acquisition in 2024
Decision Research Corporation (DRC) is a software development and information technology company established in 1971, recognized for its policy administration software solutions tailored specifically for the Property & Casualty insurance industry. DRC specializes in delivering comprehensive functionality for insurance companies and managing general agents, offering both enterprise-wide systems and specific components that address various operational needs, such as quoting, rating, billing, and claims processing. Its flagship product, GameChanger®, is a modern, integrated suite of web-based insurance applications that supports a complete quote-to-claim process, which can be deployed in the cloud or on-premises to facilitate prompt business operations. With over four decades of experience, DRC has cultivated extensive expertise in technology and insurance processes, continuously enhancing its offerings to provide clients with greater value and efficiency.
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