Majesco announced the general availability of their Fall '22 Release for all Majesco SaaS offerings including their market leading Majesco P&C Core Suite, Majesco L&AH Core Suite, Majesco Digital1st, Majesco Analytics, Majesco Distribution Management, Majesco ClaimVantage Claims, Majesco Absence Management and Majesco Loss Control. Insurance companies face many divergent challenges and opportunities. Customer expectations are rising, regulation is increasing, new risks are emerging, distribution channels are expanding, underwriting profitability is challenged, and digital demands are growing which are intensifying insurers' business transformation to drive operational effectiveness and innovation.

These challenges and opportunities intensify the demand for next-gen technology solutions that provide a foundation to adapt, innovate and deliver at speed the ability to execute on strategy and market shifts. The rising importance in adoption of platform technologies, APIs, microservices, digital capabilities, new/non-traditional data sources and advanced analytics capabilities are now crucial to industry leadership. To be industry leaders and compete, insurers must look at every aspect of their business in the context of the future, what customers expect and demand, and in next-generation technology is foundational for that future.

Those who focus on next-gen core, incorporate new sources of data and analytics, expand channels to reach new market segments and customers, offer innovative new products and value-added services are leaping forward from the competition in operational effectiveness and growth. The Fall '22 Release highlights Majesco's continued approach to helping insurers achieve operational effectiveness and innovation. With this release the company is announcing availability of new, innovative capabilities for Majesco Cloud Platform supporting P&C Core Suite, L&AH Core Suite, Digital1st, Data and Analytics, Distribution Management, Loss Control & Absence Management offerings: Majesco HealthCheck – An intuitive platform for evaluating the configuration and customization of Majesco products.

It provides a quantitative scoring and guidance in key areas to improve stability and overall TCO. Majesco Cloud Control – Self-Serve portal view and manage Majesco SaaS environments covering from infrastructure, application, availability, support tickets and more. Majesco API Management – Enterprise API Management across all Majesco products– built on Azure API management – to browse, subscribe, orchestrate, and manage APIs.

Beyond the key cross platform enhancements Majesco's Fall '22 Release also includes: P&C Core Suite – No-Code Billing configuration wizards, embedded property analytics, agent portal, integrated loss control, Reinsurance integration, new APIs, advancing intelligent and digital capabilities. L&AH Core Suite - Streamlined low-code digital experience and expanded multi-company capabilities supporting large insurers, TPAs and BPOs for L&AH Core Suite as well as intelligent, quick, and accurate claim intake for L&AH Claims. Majesco ClaimVantage Claims for L&H - Expanded ability to create standalone disability claims using APIs with the ability to use custom fields. Majesco Absence Management – Expanded support for Connecticut Human Rights and Opportunities Act.

Majesco ClaimVantage Connect360 for L&AH – New time-off support Adoption/Foster Care for Court Dates, Bone Marrow, & Organ Donation. Majesco Digital1st®- Personalized digital experiences for agents, employees & employers with new Digital 360 Solutions – Majesco Agent360 for P&C and Majesco Enroll360 for L&AH. Majesco Distribution Management --- - Enhanced onboarding capabilities to streamline and simplify the onboarding process helping carriers build efficiencies in their business operations.

Majesco Loss Control - Equipment breakdown incorporated into the platform at all levels, allowing you to review equipment inventories and conduct a single survey with all necessary equipment while on site. Majesco Analytics - Improved underwriting profitability and lowered loss ratio with enhanced property risk insights through Property Intelligence built on extensive proprietary and public data sets and launch of a new subrogation model. Majesco's P&C Core Suite, L&AH Core Suite, ClaimVantage Claims Management, Digital1st Platform and Digital 360 Solutions have been recognized by industry experts including Celent, Gartner, Forrester, Aite-Novarica, Quadrant Solutions, and ISG.