Majesco to Showcase Game-Changing Intelligent Solution Portfolio with Embedded Generative AI at ITC Vegas

MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco, a global leader of cloud insurance solutions for insurance business transformation, today announced its participation as a Title Sponsor at ITC Vegas 2024. Held at the Mandalay Bay from October 15-17, 2024, this event will feature the transformative potential of GenAI and next-gen intelligent core solutions for the P&C and L&AH insurance industry. Attendees can hear about the game-changing real use and value of GenAI in a main stage session at the opening of the conference, followed by deeper dive real-time demos highlighting the difference between traditional transactions and using GenAI. Majesco will also be at Booth #1732 for live demonstrations and insightful presentations on the future of insurance technology.

“We’re incredibly excited to return to ITC Vegas as a Title Sponsor and showcase how Majesco’s intelligent solutions, particularly our embedded GenAI capabilities, which are revolutionizing insurance operations,” said Adam Elster, CEO at Majesco. “This year’s theme, ‘Innovate to Launch,’ reflects the transformative journey the industry is undergoing, and we are eager to demonstrate how our advanced technology is enabling insurers to optimize operations, drive growth, empower innovation, and future-proof their businesses.”

Majesco’s next gen intelligent solutions are embedded with Majesco Copilot, the industry’s first and only GenAI assistant in insurance core solutions that can deliver enhanced productivity of 70-90% improvement, bridges the institutional knowledge gap and bend the learning curve of employees, and operational efficiency and effectiveness to drive lower cost ratios that can improve product pricing and market competitiveness for profitable growth.

Featured Sessions

Main Stage Session: GenAI – Revolutionizing and Optimizing Insurance Operations with Intelligence
Date: Wednesday, October 16^th, 2024, | 8:15 – 10:00 AM | Main Stage
Moderated by Dense Garth, Chief Strategy Officer at Majesco, this panel of industry experts include Sandeep Mangaraj, Managing Director, US Fintech at Microsoft, Robert Pick, EVP & CIO at Tokio Marine, NA, and Manish Shah, President & Chief Product Officer at Majesco and will discuss how GenAI is reshaping insurance operations by improving productivity and efficiency while enhancing user experiences. Attendees can tune in to better understand the difference between AI and GenAI, the importance of a robust data strategy, and the significant business impact of these technologies.

Lunch Workshop: How GenAI is Poised to Innovate and Revolutionize Insurance
Date: Wednesday, October 16^th, 2024, | 12:30 – 2:00 PM | Mandalay Bay Ballroom
In this interactive session, moderated by Denise Garth, attendees will get a closer look at the operational impact of GenAI, including live demos showing how Majesco’s Intelligent Core for P&C and L&AH delivers real-time productivity gains. Majesco leaders including, Manish Shah, Avi Elkoni, VP Data & Analytics, Arun Kalyanaraman, GM & SVP of L&AH Solutions, and Badri Mallikarjunan, SVP & GM, Digital1st, will share insights on embedding analytics across the insurance value chain and why GenAI is integral to long-term enterprise strategy.

Innovation in Action: Seizing Growth and Market Opportunities with Business Transformation and Innovation
Date: Thursday, October 17^th, 2024, | 10:30 – 11:05 AM | Mandalay Bay Ballroom H
Bryan Ballatore, Chief Revenue Officer at OpenRoad and Chris Schlehuber, Chief Operating Officer at OpenRoad, Lauren Dieterich, Chief Operating Officer at Arch Insurance join Denise Garth to discuss how insurance companies are transforming their businesses by leveraging cloud-based intelligent core platforms. Attendees will hear from executives who have successfully optimized operations, driven growth, and reduced expenses by embracing next-gen technology.

Visit Majesco at Booth #1732
Majesco will offer a series of live demonstrations at Booth #1732, showcasing its cutting-edge intelligent core systems, powered by GenAI, across policy, billing, and claims functions. These demos highlight how Majesco’s solutions enable insurers to stay competitive and adapt to the rapidly evolving digital landscape.

To learn more about Majesco’s native-cloud intelligent solutions, please visit www.majesco.com.

About Majesco
Majesco is the partner P&C and L&AH insurers choose to create and deliver outstanding experiences for customers. We combine our technology and insurance experience to anticipate what is next, without losing sight of what’s important now. Over 350 insurers, from MGAs, greenfields and startups to some of the world’s largest insurers and reinsurers, rely on Majesco’s intelligent SaaS platforms solutions, with GenAI powered insurance data analytics, of core, data, analytics, distribution, underwriting, loss control, digital, and rich ecosystem of partners to create their next now.

As an industry leader, we don’t believe in managing risk by avoiding change. We embrace change, even cause it, to get and stay ahead of risk. With 1000+ successful implementations and 90% of our customers in the cloud we are uniquely qualified to bridge the gap between a traditional insurance industry approach and a pure digital mindset. We give customers the confidence to decide, the products to perform, and the follow-through to execute.

For more information, please visit www.majesco.com and follow us on LinkedIn.