Majesco (NASDAQ: MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced their partnership with Millers Mutual to use cloud-native Digital1st® Insurance platform to develop their next generation engagement and experience for customers, agents and employees.
Millers Mutual Insurance based in Harrisburg, Pennsylvania, is a regional property and casualty insurer serving commercial policyholders in Pennsylvania, Delaware, Maryland, Ohio, Virginia and Washington, D.C., through a network of independent agents. They help single and multifamily housing and commercial real estate owners stay in business by protecting them from financial misfortune by offering a full complement of commercial insurance products and services, including businessowners policies, Umbrella liability, cyber and employment practices liability.
"In today's digital world, customer expectations are driving new business requirements for products and experiences. With Majesco's Digital1st® Insurance platform, we will be able to design our digital offerings to meet the needs and expectations of our customers, agents and employees," said Lisa Kozlowski, VP of Marketing and Customer Experience. "This strategic initiative will provide a foundation for us to further develop and enhance our relationships with our agents and customers."
Majesco's Digital1st® Insurance is a ground-breaking, micro-services and API-based platform-asa-service that brings the most cutting-edge business and consumer technology trends to insurance.
"Majesco's Digital1st® Insurance platform is designed to meet the demands of today's nextgeneration engagement for customers and agents who expect real-time, personalized experiences," said Majesco's Chief Revenue Office Jim Miller. "We're excited about the opportunity to deepen our relationship with Millers Mutual and connect them to the latest digital technologies that will help shape the future of their business."
Shares of Majesco Ltd was last trading in BSE at Rs.280 as compared to the previous close of Rs. 281.35. The total number of shares traded during the day was 2133 in over 71 trades.
The stock hit an intraday high of Rs. 292 and intraday low of 280. The net turnover during the day was Rs. 612147.