Majesco L&A Insurance Data & Analytics PlatformCapture, analyze and monetize data with powerful predictive and machine learning analytics, intelligent reports, and prescriptive actions to empower the business.

Capture, Analyze & Monetize DataIn today’s digital age, data and analytics are the fuel for innovation. Technology advances provide new sources of data that are leading to unique ways to interact with customers, evaluate risk, offer innovative products and reach customers via new channels. However, many insurers struggle to make full use of their own internal data assets, which exist in multiple locations and formats across the enterprise, let alone promising new data sets from emerging technologies and external sources.

With ready to use reporting templates, reusable widgets and sophisticated out-of-the-box analytic capabilities, Majesco’s L&A Insurance Data & Analytics Platform empowers the business to create and share meaningful reports and dashboards to drive productivity and growth, while providing new insights through predictive analytics and machine learning that will help accelerate their digital transformation. Carriers can organize data from any system to capture, analyze and monetize the data to gain transformational business insights.

Majesco’s continued strategic investment into next generation cloud solutions for the L&A and Group market segment further enables insurers to embrace a two-speed strategy of operations and innovation by uncovering opportunities for operational demands, new products and digital customer experiences.

Designed to be integrated with various core systems as well as pre-integrated with Majesco L&A and Group Benefits Suite, Majesco L&A Insurance Data & Analytics Platform enables carriers to:

• Capture and analyze internal, external, structured and unstructured data through Open APIs for L&A individual, group and benefits

• Using advanced predictive and machine learning analytics, analyze broad data sets to gain unique customer insights, predict future outcomes and prescriptive views for possible actions

• Aggregate any legacy and modern core data sources, partition data sets for reporting and machine learning that will provide a 360o of the customer and their business

• Create visualization layer for transparent access to the data, APIs to produce dashboards and URLs to embed dashboards into other applications

• Designed to be integrated with various core systems as well as pre-integrated with Majesco L&A and Group Benefits Suite

© 2020 Majesco. All Rights Reserved. www.majesco.com | info@majesco.com

“Investing in digital transformation and getting the most value from data and analytics are top of mind for insurance company executives. The focus on data and analytics is accelerating now especially as digitization and virtualized customer transactions grow due to COVID-19. Data and analytics are also seen as a competitive advantage that makes it easier to do business, make better decisions, and improve customer knowledge translating into an improved customer experience.”

– Keith Raymond, Celent

© 2020 Majesco. All Rights Reserved. www.majesco.com | info@majesco.com

Business Value Delivered. Today & Tomorrow.• Robust, scalable and flexible data framework for all data sources• Empower informed decisions with predictive and machine learning analytics that create prescriptive actions • Consolidate disparate data into a single source of the truth • Advanced out-of-the-box templates, dashboards and analytics • Dynamic and intuitive data visualization for speed to insight and action• Proven, tested support of the entire L&A and Group insurance value chain

www.majesco.com | info@majesco.com