MajescoMastek Showcases New Digital Solutions at Convergence 2014

Seventh annual user conference highlighted customer successes and provided an atmosphere for attendees to share, collaborate, learn, and network

New York, NY, October 21, 2014 - MajescoMastek, the provider of core insurance systems and services to over 80 insurance carriers in North America, recently hosted its 7th annual user conference, Convergence 2014 September 29th through October 1st at the Trump International Hotel & Tower in downtown Chicago. The theme of this year's conference was 'Enabling the Digital Insurer' with much of the program focused on how carriers can meet the growing demand of the rapidly evolving insurance digital landscape. MajescoMastek unveiled key digital solutions for the insurance industry including billing in the cloud, underwriting risk profiling and sentiment analytics.

MajescoMastek gave attendees a sneak peak at STG Billing in the Cloud with a pre-release demonstration of the offering that is designed to make STG Billing easily and affordably available to smaller insurers. A demonstration of MajescoMastek's Insurance Content Services was also provided to illustrate the breadth of regulatory content services that MajescoMastek brings to market, building on its success of enabling the insurance industry's first in production customer with STG Policy consuming ISO Electronic Rating Content (ERC).

The conference program was designed to provide a wide range of topics of interest to both business and technical attendees. Program highlights included:

  • Customer case studies from Erie Insurance Group, OneBeacon Insurance Group, Selective Insurance Group, Heritage Property and Casualty Insurance, and ProAg Management
  • Panel discussion on Technology Strategies for the Next-Gen Insurer with panelists from Great American Insurance Group, Erie Insurance Group, and Oregon Mutual Insurance
  • Industry analyst perspectives and insights from Novarica, Celent, and SMA
  • Customer led Product Council breakout sessions on policy, billing, and claims
  • MajescoMastek's showcase focused on the digital insurer, including the results of MajescoMastek's digital insurance survey, key trends in the digital road, and MajescoMastek's digital accelerators

Sponsored by MajescoMastek's partners IBM and Deloitte, Convergence 2014 provided a three day program and the ideal forum for customers, partners, and industry press and analysts to network and socialize with colleagues, share lessons learned, and interact with the MajescoMastek team.

"MajescoMastek's annual Convergence conference is always a high energy and content rich event, providing customers, partners and others from the industry a great environment for learning, sharing, and collaborating," said Karen Furtado, Partner with SMA.

"Convergence is a good investment of time for any MajescoMastek customer, offering a great opportunity to learn from the experience of others, share best practices, and have in depth face-to-face discussions with the MajescoMastek team. The year-on-year growth in attendance is very encouraging for us at MajescoMastek" said Ketan Mehta, CEO, MajescoMastek.

About MajescoMastek

MajescoMastek is a provider of core insurance software and IT services to over 80 carriers in North America. MajescoMastek delivers proven solutions and IT services in core insurance areas including policy administration, product modeling, new business processing, billing, claims, producer lifecycle management and incentive compensation. MajescoMastek is a subsidiary of Mastek (NSE: MASTEK) with over 3300 employees operating in 8 countries across the globe.

For more information, please visit us on the Web at www.majescomastek.com, or call 1-800-249-9540.

Contact:

MajescoMastek
Ashwin Rodrigues
646-731-1078
ashwin.rodrigues@majescomastek.comThis email address is being protected from spambots. You need JavaScript enabled to view it.

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