Maine Mutual Modernizes with Majesco P&C Suite

The Presque Isle, Maine-based carrier has chosen cloud delivery of Majesco Policy, Majesco Billing and Majesco Claims, with Majesco Business Analytics, the vendor’s pre-integrated data and business intelligence solution.

(Winter scene, Presque Isle, Maine, home of MMG Insurance. Credit: Ken Lamb/City of Presque Isle.) 

Maine Mutual Group (MMG Insurance) has chosen the Majesco (Morristown, N.J.) P&C Suite to support its modernization program. The Presque Isle, Maine-based carrier will implement Majesco Policy, Majesco Billing and Majesco Claims, with Majesco Business Analytics, the vendor’s pre-integrated data and business intelligence solution, providing business intelligence capabilities. MMG Insurance has chosen to deploy the entire solution using Majesco Cloud Services.

Larry Shaw, President & CEO, MMG Insurance.

Larry Shaw, President & CEO, MMG Insurance.

“MMG Insurance understands that our customers expect and demand exceptional value from their insurance providers,” comments Larry Shaw, president & CEO, MMG Insurance. “Our business transformation initiative is a step to reaffirm our commitment to our customers and our agents.”

Long-Term Partnership

MMG Insurance sees Majesco’s P&C suite as a vehicle to enable the home, auto, and commercial insurance to become even more nimble, responsive, and cost efficient to current policyholders and agents, as well as serving as a platform to attract new customers and take advantage of new market opportunities, according to Shaw.  “We look forward to collaborating with Majesco on this transformation and developing a long-term partnership,” he comments.

Prateek Kumar, EVP, P&C Business, Majesco.

Prateek Kumar, EVP, P&C Business, Majesco.

Established in 1897, MMG Insurance has more than 3,200 licensed Independent Agents in over 450 agency locations throughout Maine, New Hampshire, Vermont, Pennsylvania and Virginia.

(Related: Majesco Introduces Business Analytics)

“We are delighted to add MMG Insurance to our growing list of customers,” commented Prateek Kumar, executive VP, P&C Business, Majesco. “We echo MMG’s commitment to industry leadership and service to agents and customers and are excited to be their partner of choice in their business critical transformation.  MMG is representative of mid-market insurers who are leading the industry with core insurance, digital and data solutions deployed in the cloud, allowing them to focus on their business and achieve agility, innovation and speed to market.”

Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at [email protected] or (503) 936-2803.

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