(New York City, home of QBE North America and Majesco. Photo credit: Anthony Quintano.)
QBE North America (New York) has selected Majesco’s Policy for P&C, Majesco Bureau and Content Services, Majesco Billing, Majesco Business Analytics solutions and Majesco Cloud Services as its strategic enterprise platform for the specialty insurance division QBE North America.
QBE North America will deploy Majesco Policy for P&C for its Specialty product suite. This multi-year agreement with the carrier highlights the breadth and capability of Majesco’s solution to support bureau and non-bureau products to enable speed to market and product innovation in an increasingly changing risk environment and competitive marketplace, a vendor statement asserts.
Minimal Implementation Efforts
“QBE North America’s Specialty Lines division has aggressive growth plans through broad array of product offerings ranging from bureau and non-bureau nationwide products,” comments Jeff Grange, president, Specialty Lines, QBE North America. “After an extensive search, we chose Majesco for its capabilities to deliver products with agility for meeting our growth plans. We found Majesco products ready to be deployed with minimal implementation efforts. Their enterprise cloud capabilities bring scale, security with a variable pricing model that aligns with our strategic goals and plans. We look forward to a long term partnership with Majesco.”
“As the market continues to adapt to changing customer and risk profiles, agility, product innovation and speed to market is delineating new leaders in the insurance market like QBE,” comments Ed Ossie, COO, Majesco. “Our simplified admitted and non-admitted specialty commercial products environment is expected to unlock insurers’ ability for product innovation and growth.”
QBE North America is a division of QBE Insurance Group Limited (Sydney), one of the world’s 20 largest insurance and reinsurance companies.