RVOS Insurance Modernizes on Majesco P&C Suite

The Majesco P&C suite delivered extensive out-of-the-box capabilities to jump-start the project while also being flexible through the configuration capabilities that enabled RVOS to meet its product and processing needs.

(RVOS was started over 100 years ago with the goal of providing peace of mind to Texas farmers and ranchers. Photo credit: USDA.)

RVOS Insurance has completed its business transformation using the Majesco (New York) P&C Suite. The Temple, Texas-based insurers has gone live on all eight of its lines of business: farm and ranch, homeowners (standard and high risk), Texas dwelling policy, comprehensive personal liability, farm liability, commercial general liability, and commercial property policy.

Wiley Shockley, President, RVOS Insurance.

Wiley Shockley, President, RVOS Insurance.

RVOS’s core systems modernization strategic initiative included all components of the Majesco P&C Suite including policy, rating, underwriting, billing and claims.

“Our strategic objective was to modernize our business with a comprehensive suite of core systems that would be a platform for growth,” comments Wiley Shockley, president, RVOS Insurance. “We achieved this through a strong partnership with Majesco, utilizing their deep expertise of the diverse P&C insurance business.

Out-of-the-Box Capabilities

The Majesco P&C suite delivered extensive out-of-the-box capabilities to jump-start the project, while also being flexible through the configuration capabilities that enabled RVOS to meet its unique and competitive product and processing needs, Shockley adds. “The completion of this strategic initiative marks a significant accomplishment for RVOS and opens the door for us to compete in today’s changing marketplace,” he says.

“We congratulate RVOS on their successful business transformation initiative and are proud to be their strategic partner,” comments Ed Ossie, COO, Majesco. “We will continue to support RVOS with our broad range of solutions, helping them continue their transformation journey through a mutually beneficial partnership.”

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 AnthODonnell@IIReporter.com or (503) 936-2803.

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