Top-Tier Excellence: Majesco Soars to #6 in the Financial Technology Report Top 100 Financial Companies of 2024

MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco, a global leader of cloud intelligent insurance solutions for insurance business transformation, announced today its recognition as the #6 company in the Financial Technology Report’s Top 100 Financial Technology Companies of 2024. This incredible recognition underscores Majesco’s ongoing commitment to transforming the insurance industry through cutting-edge innovation, customer-centric solutions, and a relentless drive to empower insurers in today’s digital era.

The Financial Technology Report’s annual ranking recognizes the most influential organizations that are reshaping financial services, including digital banking, decentralized finance, blockchain, cross-border payments, and artificial intelligence. These are at the forefront of a financial technology market poised to exceed $600 billion by the end of the decade, fueling unprecedented change across baking, commerce, investing, and beyond.

“We are honored and proud to be ranked #6 among the Top 100 Financial Technology Companies of 2024,” says Adam Elster, CEO at Majesco. “This recognition is a testament to the hard work, innovation, and dedication of our team, as well as the trust our customers place in us to collaborate and navigate a dynamic insurance landscape. We’d like to congratulate all the organizations on this list and commend them for continuing to push boundaries in financial services, driving transformational change that empowers businesses and enriches the lives of today’s customer.”

Majesco’s placement in top ten reflects its leadership in a competitive field and its significant contributions to advancing the financial technology ecosystem. Its advanced native cloud platforms, embedded with analytics including GenAI technology, play a pivotal role in driving digital business transformation, optimization, and innovation for insurers, enabling streamlined operations, enhanced customer experiences, actionable insights, and improved business results. As a trusted partner to hundreds of insurers, reinsurers, brokers, and MGAs Majesco empowers companies to harness emerging technologies, meeting shifting risk, market, and customer demands, and create long-term business and customer value.

For more information on Majesco 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.