MJCO stock news

MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco (NASDAQ: MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced the availability of expanded capabilities of Majesco Digital1st Insurance® to evolve and accelerate insurers’ business and technology models in their digital transformation. “The demands of agility, speed and innovation are accelerating as we enter a new decade,” stated Adam Elster, CEO of Majesco. “To succeed in the future of in Read more
MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco (NASDAQ: MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced that Texas Farm Bureau Insurance upgraded to the newest version of Majesco Policy for P&C and moved from on-premise to Majesco CloudInsurer® to strengthen their agility and speed to market. The move to the SaaS model will deliver content, speed and scalability for their commercial lines operation, including umbrella, commerci Read more
MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco (NASDAQ: MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced the general availability of version 11 for the Majesco Distribution Management platform. This follows the announcement for V11 of P&C Core Suite and L&A and Group Core Suite on October 28, 2019. “Insurers across P&C and L&A and Group are focused on growth strategies through traditional agent and broker channels as Read more
MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco (NASDAQ: MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced that Aite Group named Majesco the top “Best-in-Class” Vendor in the P&C Policy Administration Aite Matrix Report. Using the Aite Matrix, a proprietary Aite Group vendor assessment framework, the Impact Report evaluates the overall competitive position of each solution vendor, focusing on vendor stability, client strength, pro Read more
MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco (NASDAQ: MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced the release of a new research report, Future Trends – Looking Back and Leaping Forward. The report takes a retrospective view from the first Future Trends report published nearly four years ago that discussed a major shift due to the converging “tectonic plates” of people, technology and market boundaries. These changes are disru Read more
MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco (NASDAQ: MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced that Multinational Insurance Company based in Puerto Rico will upgrade Majesco Policy for P&C from on-premise to Majesco CloudInsurer™ to bolster their growth strategy. The move to CloudInsurer™ will deliver content, speed and scalability for their commercial lines operation. Multinational Insurance has been a customer of Maj Read more
MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco (NASDAQ: MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced that Unum UK completed its implementation and migration of data to the Majesco Policy for L&A and Group platform. David Axford, CIO of Unum UK, commented, “It’s great that we’ve now successfully migrated 100% of our policies to the Majesco platform and decommissioned our legacy systems. This has enabled us to greatly simplify Read more
MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco (NASDAQ: MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced that it will host its 12th Product Council meeting November 12 in Bridgewater, New Jersey. Majesco hosts the Product Council twice a year in the spring and fall. “As a leading insurance product company, we value the input from our customers for shaping the roadmap of our products. Our semi-annual product council is a great way to Read more
MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco (NASDAQ: MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced that Arch Insurance Group, Inc. (Arch Insurance) implemented Majesco Billing for P&C on Majesco CloudInsurer™ in seven months. Arch Insurance is part of Arch Capital Group Ltd., a Bermuda-based company that provides insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly owned subsidiaries. Arch Read more
MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco (NASDAQ: MJCO), a global provider of cloud insurance platform software, today announced solid financial results for the fiscal 2020 second quarter that ended September 30, 2019. “Our second quarter financial results reflect the continuing momentum of our cloud subscription product focus,” said Adam Elster, Majesco’s CEO. “The number of cloud customers continue to increase with accelerating project go-lives, as our customers are benefitting from dramati Read more
MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco (NASDAQ: MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced that Burns & Wilcox, North America’s leading insurance wholesale broker and underwriting manager, selected Majesco Digital1st Insurance™ platform as the foundation of their latest digital growth strategy. Burns & Wilcox, the flagship organization of H.W. Kaufman Group, captures more than $1.5 billion in premium annually a Read more
MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco (NASDAQ:MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced that SECURA Insurance successfully upgraded to Version 10 of Majesco Policy for P&C, transferred all policies, and implemented additional lines of business. The expansion of additional lines of business includes commercial package, directors and officers (D&O), professional liability, employment practices liability (EPLI), Read more
MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco (NASDAQ: MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced the availability of Majesco Cloud solutions in the Microsoft Azure Marketplace. Majesco CloudInsurer™ and Majesco Digital1st Insurance™ were architected to benefit from the cloud capabilities of Azure. Majesco currently has over 54 customers on their Cloud solutions. This announcement expands the relationship by having Majesco Cl Read more
MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco (NASDAQ: MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced that the company will report its fiscal 2020 second quarter financial results after the market close on Tuesday, November 5, 2019. Following the news release, Majesco leadership will host a live teleconference on Tuesday, November 5, 2019 at 5:00 p.m. ET to review the results. CONFERENCE CALL AND WEBCAST INFORMATION Anyone intere Read more
MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco (NASDAQ: MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced that Aon Affinity, a division of Aon Plc (NYSE: AON), chose Majesco solutions to fuel the high-growth potential of its business. Aon Affinity specializes in customized insurance programs and specialty solutions for 200+ organizations worldwide and considers technology platforms as the backbone of its global operations, critical t Read more

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