(Image credit: Flagstaffotos.)
Majesco (New York) has made its entire portfolio of P&C insurance software products available to customers in a public cloud via the IBM Cloud through the Armonk, N.Y.-based vendor’s SoftLayer infrastructure. Majesco Billing, which supports both P&C and life and annuity (L&A) lines of business, is included in this launch, which the vendor characterizes as a unique cloud based billing option for the industry.
“We are pleased to extend our working relationship with IBM that has been evolving over a number of years,” comments Ed Ossie, COO, Majesco. “Working with IBM will help insurers transform their business with a modern core solution that can be deployed on a proven and tested environment. We’ve already seen our customers benefit with positive operational and strategic results from the private cloud approach.”
Majesco currently provides private cloud hosting services for more than 20 customers. The vendor asserts the new launch, with a public/hybrid cloud turnkey solution, offers customers an even broader value proposition with the flexibility to scale based on their operational and strategic needs.
Flexible, Scalable and Secure
“The combination of Majesco’s software solutions and IBM Cloud’s SoftLayer platform provide our clients with a flexible, scalable, and secure global infrastructure allowing them to tap into data centers in specific countries and regions,” comments Patricia Hamilton, VP of insurance strategy and transformation, IBM. “Insurers can fine-tune their cloud solution and rapidly deploy new servers and services to reach end users even faster.”
Celent analyst Karlyn Carnahan places the new offering in a context of increasing carrier interest in cloud computing. “Cloud computing promises tremendous flexibility, tempting economic advantages, and unending operational efficiencies,” she remarks. “To that end, leading service providers continue to invest in offering reliable, well managed cloud services to meet their customer needs.”