(Image source: Texas Farm Bureau.)
Texas Farm Bureau Insurance (Waco) has upgraded to the newest version of Majesco Policy for P&C and moved from on-premise to Majesco CloudInsurer to strengthen the organization’s agility and speed to market. The move to the Morristown, N.J.-based vendor’s SaaS model will deliver content, speed and scalability for the organization’s commercial lines operation, including umbrella, commercial property and general liability, according to a Majesco statement.
“Texas Farm Bureau Insurance’s original selection and implementation of Majesco Policy for P&C has proven to be strategically important,” comments Craig Daughtery, VP, Underwriting, Texas Farm Bureau Insurance. “The continued rapid market changes and our ability to quickly adapt to them will be strengthened even further with this upgrade and move to the cloud. Majesco’s commitment to next generation technology will provide us leading-edge business capabilities that will strengthen our commitment to customer service excellence. We look forward to our deepening and expanding partnership with Majesco.”
Texas Farm Bureau Insurance has been in business since 1952 with a mission to help its customers manage the financial risks of everyday life. The company has been ranked “Highest Customer Satisfaction among Auto Insurers in Texas” by J.D. Power for eight consecutive years.
Agility, Innovation and Speed-to-Value
“We are excited and honored to be working with Texas Farm Bureau Insurance and supporting them in their upgrade to CloudInsurer,” comments Prateek Kumar, EVP for Majesco. “The unique and evolving market needs of Texans highlight the strategic value of our platform to deliver agility, innovation and speed-to-value. Our continued move of customers to our latest version and CloudInsurer highlight the rapidly growing value of our next generation platform in a new era of insurance. We are thrilled to have Texas Farm Bureau Insurance join our rapidly expanding Cloud customer community.”