May 8: Majesco Ltd, an insurance products and services business provider, on Tuesday announced that a leading Indian life insurance company selected its product ‘Majesco Distribution Management’ to transform their channel management operation.
“Their selection of Majesco Distribution Management increases the number of customers in India using Majesco Distribution Management to 12, highlighting a strong market adoption and penetration. The new platform will transform the insurer’s channel management operation from a manual, excel driven processes to a highly automated operation,” the company said.
“The insurance industry dynamics place significantly more emphasis on a multi-channel environment, enabling channel choice for customers,” commented Farid Kazani, Managing Director of Majesco. “Robust, digitally enabled distribution management solutions are mandatory to improving insurer’s distribution channel and customer experience, as well as, efficiency and effectiveness. We are honored to have this life insurer join our growing customer community as their strategic partner for transforming their channel management operation,” Kazani added.