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Stillwater Insurance Group (Jacksonville, Fla.), a U.S. insurer operating in all 50 states, has selected Majesco (Morristown, N.J.) Claims for P&C on Majesco CloudInsurer with Majesco Enterprise Data Warehouse for data analytics capabilities. The insurer seeks to accelerate its growth strategy and fuel innovation by replacing legacy systems with Majesco’s cloud-based claims platform and innovative data and analytics capabilities, according to a vendor statement.
Following a six-month selection process Stillwater chose Majesco based on its strong customer references, deep cloud heritage, and sophisticated SaaS platform that enables insurance companies to take advantage of a true “pay as you grow” model, Majesco reports.
“With our A- Rating from A.M. Best and A+ rating and accreditation from the Better Business Bureau, Stillwater acts as the safe port in any storm, providing peace of mind and protection of life’s assets,” comments Ramesh Mugalam, Chief Strategy Officer, Stillwater. “Our partnership with Majesco will no doubt help us maintain our positive track record in the marketplace of being responsive, truthful and honoring promises with the highest standards of service, customer experience and claims satisfaction within the insurance industry.”
Speed, Ease and Responsiveness
“We are incredibly honored that Stillwater chose Majesco to ensure they’re managing their customers’ most important moments of truth at a time when the nature of risk and customer needs and expectations are changing,” comments Prateek Kumar, EVP at Majesco. “Our cutting-edge platform builds speed, ease and responsiveness into the claims process, empowering insurers like Stillwater to spend less time managing processes and more time delivering value and growing their business.”
Stillwater Insurance Group was founded in 2000 as the Fidelity National Property & Casualty Insurance Group, a branch of the Fortune 500 Company Fidelity National Financial, the country’s largest provider of commercial and residential title and mortgage services.