MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco (NYSE MKT:MJCO), a global provider of core insurance software and consulting services for insurance business transformation, today announced that David Smith, CEO of Global Futures and Foresight, will kick-off the customer conference, Convergence 2017, as the opening keynote speaker discussing the change and disruption for insurance, the need for a new insurance paradigm and how to prepare. Convergence 2017 will be October 1, 2017 through October 3, 2017 in Ft. Lauderdale, Florida.
“For each new technology, first we do things differently, then we do different things. We are now at the stage where, technology in particular, is enabling multiple new business models and disruptive products, services and alliances to emerge, which are set to overhaul the entire insurance value chain” commented David Smith.
David is a well-known futurologist, and Chief Executive of Global Futures and Foresight (GFF) - a strategic futures research organization, David’s 35 year diverse business career has made him recognizable as one of the world's leading futurists and strategic thinkers. David challenges, informs and engages his clients and audiences on the key issues of the near future, in order to stimulate ‘out-of-the-box’ thinking to help organizations generate new visions, strategies, products and services. David has addressed over 300 conferences and events in 30 countries on 5 continents.
“We are excited to have David as our opening keynote speaker at Convergence 2017. David inspires- and provokes his audience to embrace change and by so doing better prepare for the future, something Majesco is committed to for our customers and the industry. Our customers and other invited guests will gain from his valuable insight on the future of insurance, how to prepare, actions to take and will have access to a joint thought leadership paper we are collaborating on with David” said Denise Garth, Senior Vice President Strategic Marketing, Industry Relations and Innovation for Majesco.
Now in its 10th year, Convergence is Majesco’s annual customer conference where many of the 150 customers, both business and IT, industry analysts, and partners come together to share and discuss industry trends, innovation, InsurTech, best practices, customer case studies, Majesco business and product updates and networking for both P&C, L&A and Group lines of business. The conference features a solution galaxy highlighting Majesco Solutions, new innovations, and selected partner solutions, including InsurTech start-ups. Business and IT leaders from customers, analysts, partners and prospects considering Majesco solutions are expected to attend the event in Fort Lauderdale, Florida.
Attendance to Convergence is by invitation only and open to Majesco’s customers and partners. For more details visit https://convergence.majesco.com
Insurance business transformation is a journey of change and revitalization, a renaissance of insurance. Approximately 150 insurance companies worldwide in P&C, L&A and Group/ Employee Benefits are transforming their businesses with Majesco’s solutions. Our market leading software and consulting services uniquely underpin the entire insurance value chain and are designed to empower insurers with the agility, innovation and speed needed to meet their transformation opportunities. Majesco’s solutions include policy management, new business / underwriting, rating, billing, claims management, distribution management, BI/ analytics, predictive modelling, digital platform with mobile and portal, testing services, cloud services, bureau and content services, transformation services, consulting services and more.
For more details on Majesco, please visit www.majesco.com.
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This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of management, are not guarantees of performance and are subject to significant risks and uncertainty. These forward-looking statements should, therefore, be considered in light of various important factors, including those set forth in Majesco’s reports that it files from time to time with the Securities and Exchange Commission and which you should review, including those statements under “Item 1A – Risk Factors” in Majesco’s Annual Report on Form 10-K.
Important factors that could cause actual results to differ materially from those described in forward-looking statements contained in this press release include, but are not limited to: integration risks; changes in economic conditions, political conditions, trade protection measures, licensing requirements and tax matters; technology development risks; intellectual property rights risks; competition risks; additional scrutiny and increased expenses as a result of being a public company; the financial condition, financing requirements, prospects and cash flow of Majesco; loss of strategic relationships; changes in laws or regulations affecting the insurance industry in particular; restrictions on immigration; the ability and cost of retaining and recruiting key personnel; the ability to attract new clients and retain them and the risk of loss of large customers; continued compliance with evolving laws; customer data and cybersecurity risk; and Majesco’s ability to raise capital to fund future growth.
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