(Image source: Cigna supplemental insurance web page.)
Cigna (Bloomfield, Conn.) has selected Majesco’s (Morristown, N.J.) L&A Group Core Suite on Majesco CloudInsurer to accelerate the global health service company’s digital transformation and growth strategy within supplemental health insurance.
Following Cigna’s divesture of its group life and disability insurance businesses, the company has expressed its commitment to focusing on its supplemental health solutions business to help drive growth while providing clients and customers with solutions to make health care more affordable, predictable, and simple. The initial lines of business in focus are group accidental injury, critical illness, and hospital care.
“Equipping our supplemental health business with a new digital operating model underpinned by a next generation core platform will enable us to best serve current and future customers,” comments Marc Jeffreys, head of supplemental health solutions, Cigna. “Majesco L&A and Group Core Suite on Majesco CloudInsurer will enable us to transform our business by enabling integration across the enterprise, improving operational efficiencies, gaining speed to market for new products and driving competitive advantage in the rapidly changing supplemental health marketplace.”
Ripe for Growth
“We are delighted to extend our partnership with Cigna to help them create a next generation foundation to transform their business and accelerate their growth strategy,” comments Prateek Kumar, EVP for Majesco. “The L&A group and benefits market is ripe for growth, with more employers looking to offer supplemental benefits for employees particularly given the experience over the last year. Our platform will provide the capabilities Cigna needs not only for today, but also in the future with our forward thinking focus on our solutions. We look forward to our partnership and their successful initial implementation.”