Majesco, a global provider of core insurance software, consulting and services for insurance business transformation, announced that Westfield Insurance, an Ohio-based super-regional property and casualty insurance carrier selected Majesco’s Distribution Management solution to consolidate and replace multiple distribution management systems.
This selection was reported in Majesco’s first quarter results announced in July.
Majesco Distribution Management will replace and consolidate Westfield’s multiple legacy distribution systems, bring new capabilities for their channels and enable them to deliver enhanced service to meet increasingly new demands and expectations for agents.
Craig Welsh, Westfield Insurance Group Distribution Leader commented, "Westfield Insurance is dedicated to delivering superior and innovative service to our agents enabling them to serve our customers, today and into the future. Our investment in Majesco Distribution Management represents our continued commitment to the agent channel."
Ed Ossie, Chief Operating Officer at Majesco, said, "We are thrilled to have Westfield Insurance join our growing customer base of insurers leading the transformation of insurance.
Our investment in creating innovative solutions like Majesco Distribution Management recognizes the changing landscape of the insurance market and the needs for insurers committed to the agent channel."
Majesco Distribution Management is a standalone, modern solution that enables insurance carriers to manage the entire distribution landscape with comprehensive business capabilities that enable diverse channel options, supports the increasing need of an omni-channel environment, effectively administer channel producers from registration to termination, compensation and performance management, and launch innovative contests and personalize payment schedules for producers to help drive business growth.
The highly configurable platform enables ease of integration within the insurance carrier’s business system landscape.
Majesco enables insurance business transformation for approximately 140 insurance customers by providing solutions which include software, consulting and services.