Majesco (NASDAQ: MJCO), a global leader of cloud insurance software solutions for insurance business transformation, announced today that Norman Carroll will lead the European operation as Managing Director.
Majesco's European operation will be based in Dublin, Ireland with offices across the UK.
Norman was co-founder of Exaxe, an award-winning SaaS provider of Digital software and customer experience solutions for the individual life and pensions market for Europe. Exaxe was acquired by Majesco in November 2018 to extend market capabilities and reach for life, pensions and wealth management in Europe.
"We are delighted to have Norman lead our European team. His extensive experience, knowledge and relationships across the European market will provide the leadership to accelerate our market opportunities in the cloud and with digital transformation," said Ed Ossie Chief Operating Officer of Majesco. "Basing our European operation out of Dublin will provide us access to the thriving technology community."
"I am looking forward to working closely with our staff, customers and partners as we move forward into a new future of insurance." We are privileged to serve our growing customer base with cloud-based insurance software that drives meaningful improved outcomes for insurers, their agents and their customers," said Norman about his new role.
Shares of Majesco Ltd was last trading in BSE at Rs.481.85 as compared to the previous close of Rs. 484.9. The total number of shares traded during the day was 1070 in over 69 trades.
The stock hit an intraday high of Rs. 492.05 and intraday low of 480.95. The net turnover during the day was Rs. 520000.