Majesco (NASDAQ: MJCO), a global provider of cloud insurance platform software, today announced the successful completion of its 13th spring product council meeting that brought together Majesco's P&C customers to discuss the product roadmap progress and plans for P&C Policy, P&C Billing and P&C Claims, CloudInsurer®, and Digital1st®.
"These sessions provided us with a great opportunity to engage with our customers, share best practices and common experiences and better understand the unique opportunities and challenges our customers are faced with," commented Manish Shah, President and Chief Product Officer at Majesco. "This valuable information is critical to the ongoing development of our product roadmap and will help identify new opportunities to keep our solutions and our customers at the leading edge of the industry as we continue our journey to the future of insurance."
Given the current environment, this year's meeting was a virtual event with five separate sessions held from Monday, May 18th through Wednesday, May 20th that offered the ability for more to participate. Kicking off the meeting, CEO Adam Elster and Chief Product Officer Manish Shah welcomed and thanked customers for their partnership with Majesco and shared a corporate overview as well as an update on the overall product strategy and direction for the upcoming year. Majesco product leaders provided details on product updates, new developments and plans defined within the product roadmap for Majesco's solutions.
"I'm so pleased Majesco moved forward with this event," commented Stacy Shaw, SVP and CIO at MMG. "It was nice to see the product leaders and I'm pleased to see the ongoing investment in Majesco's solutions. These products are rapidly coalescing into a highly integrated, robust suite that will meet the digital transformation needs of insurers."
Shares of Majesco Ltd was last trading in BSE at Rs.281.3 as compared to the previous close of Rs. 286.8. The total number of shares traded during the day was 200 in over 4 trades.
The stock hit an intraday high of Rs. 281.35 and intraday low of 281.3. The net turnover during the day was Rs. 56265.