Majesco Life AdvicePlus

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Majesco Life AdvicePlus is a web-based SaaS robo-advice solution for life and pension products that provides financial lifestyle recommendations straight through to acquisition.

Majesco Life AdvicePlus provides automated advice to consumers at a fraction of the normal delivery cost by establishing the financial needs of the clients and then providing personalised recommendations.

Majesco Life AdvicePlus is aimed at organisations operating within a compliant and regulated environment as it allows for a fully auditable automated robo advice process.

Key Features

The main features of Majesco Life AdvicePlus are:

  • Ability to set financial objectives and priorities
  • Save and update financial profile using the secure client portal
  • Needs analysis and identification of any shortfalls
  • Graphically present financial analysis
  • Filters for product eligibility
  • Financial product recommendations
  • Personalised illustrations
  • Quotation and comparative quotes
  • Integrated suitability assessment
  • Priority led journey
  • Graphically displays revised financial position
  • Integrated underwriting
  • Banking and Anti Money Laundering documents upload
  • Integrated e-application
  • Signature capture
  • Online medical questionnaires / Underwriting
  • Straight through processing to policy administration system

Key Benefits

Benefits of Majesco Life AdvicePlus include:

  • Cross product robo-advice solution
  • Reduced administrative costs – Straight Through Processing (STP).
  • Improved customer service – faster turnaround, reduced errors, and improved data quality. Allows access by end-customers for full self-service and ongoing updates.
  • Rapid implementation – can take as little as 20 weeks to implement.
  • Cost and process efficiency – reduced transaction costs and greater process efficiencies by reducing manual processes and duplicate data entry.
  • Ease of integration with third party systems
  • Empowers life and pensions provider’s digital transformation strategy
  • Capability to implement D2C Channel or to digitally transform an advisor channel



Product/Service details