Majesco Digital1st Insurance™
A ground-breaking microservices-based digital insurance platform that enables the next era of new business models, products, and customer engagement supporting growth and innovation.
The Majesco Digital1st Insurance™ digital insurance platform enables insurers to design customer journeys – tailored to their customer needs, and on their customer terms – cutting through traditional insurance silos (systems and lines of business) to create end-to-end, highly personalized and engaging customer experiences.
This innovative portfolio of digital solutions delivers cloud-based, real-time, insurance-specific capabilities through a microservices-based platform that helps insurers adapt and innovate in a rapidly changing competitive landscape.
Majesco’s Digital1st Insurance is a global offering catering to various lines of business and market segments within the insurance vertical. The offering has 3 solution components.
Majesco Digital1st Platform™, it is pure play, multi-tenant and Microservices driven cloud based platform made available as Platform As A Service. This platform facilitates insurance carriers as well as brokers/agents to enable their digital journey. Using this platform, carriers could build various digital apps by themselves or could utilize Majesco’s professional services to do so. It is built to support experimentation and launching of new business models, with the ability to rapidly scale. It adapts to different cost structures which are often the difference between success and failure in the on-demand economy. There are no licensing requirements with this platform. It is purely driven through usage based subscription model. The Microservices digital insurance platform with a cloud-native configuration workbench and runtime platform for building and running digital apps.
- Inspire and raise the bar to a new standard for customer experience.
- Pay-as-you-grow model that directs resources to growth strategies.
- Empower continuous innovation and agility to rapidly test and learn.
Majesco Digital1st Engagement™ offers pre-built, ready to use, Software As A Service based engagement apps for L&A and P&C lines of business for insurance globally, including tools for building personalized, engaging cross-channel customer journeys.
- Reusable Apps covering a wide variety of business functions across market segments and insurance lines of business globally.
- Uniquely deliver tailored, personalized experiences to target personas through configurable targeted portals.
- Build and adapt customer journeys based on critical customer touch points, measure customer engagement with built-in analytics and refine the journey to enhance customer engagement and net promoter score.
Majesco Digital1st EcoExchange™ is an app store or a market place for pay-per-use insurance apps from Majesco as well as our Ecosystem partners. it is the next generation of partner ecosystem hub, using third-party services with a standard semantic layer for easy integration and a true “plug-and-play” environment for both traditional and InsurTech partners. EcoExchange differs from other industry offerings in that it works as an app store with API-based services rather than as a code repository.
Designed for Speed to Value
Realize business value quicker with iterative rollouts delivering speed to implementation, speed to market and speed to revenue.
Ultra-configurable Engagement Apps
Pre-built engagement apps for delivering extraordinary customer experience for complex insurance functions tailored to your brand.
Connect with an Innovative Insurance Ecosystem
A “Find and Bind” platform enables customer experience and innovation.
Test Drive Majesco Digital1st Insurance™ with a 30-day risk-free trial!
- A New Business Model for a New Era of Insurance: Digital Insurance 2.0 in the Platform and API Economy