The N&D Group Seeks Speed-to-Market with Majesco Policy for Commercial Package

Implementation of the new core systems will support aggressive growth plans and provide a foundation for future product needs through speed to value and operational efficiency.

(Screenshot from N&D Group homepage.) 

The Norfolk and Dedham Group (Dedham, Mass.), a regional property/casualty insurance holding company founded in 1825, has selected Majesco’s (Morristown, N.J.) Majesco Policy for commercial package through the Majesco CloudInsurer delivery option.

“We chose Majesco to support our commercial package policy offerings because of its ready to use content and ability to bring new products to market expeditiously,” comments Erin M. Cummings, VP, The Norfolk and Dedham Group.

The N&D Group, does business through three mutual companies, Norfolk & Dedham Mutual Fire, Dorchester Mutual and Fitchburg Mutual. The companies write in six states, with plans to expand into additional states to support its business strategy and growth, according to Majesco.  Implementation of the new core systems in Majesco CloudInsurer will support aggressive growth plans and provide a foundation for future product needs through speed to value and operational efficiency, the vendor says.

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

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

Rapid Transformation

“We are honored and excited to partner with The Norfolk and Dedham Group as they embark on their rapid transformation to support their business strategies,” comments Prateek Kumar, EVP P&C Business for Majesco.  “Our strategic focus on providing insurers like The N&D Group a rich platform with ready to use content, industry best practices and pre-integrated solutions via Majesco CloudInsurer platform will enable them to respond to a rapidly changing market dynamic and new commercial risk opportunities through agility, innovation and speed to market capabilities.  We look forward to a successful partnership with The N&D Group.”

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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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