Majesco Named to IDC FinTech Top 100 for the Third Year, Underscoring AI’s Role in the Future of Insurance

MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco, the insurance industry’s foremost innovator in cloud-native, AI-driven software, today announced it has been named to the IDC FinTech Top 100 Rankings for the third year, which spotlight the most influential global technology providers to financial services. This recognition reflects Majesco’s continued growth, innovation, and impact across the insurance ecosystem.

Majesco’s placement on the IDC FinTech Top 100 underscores its role as a trusted partner to insurers modernizing their business for the digital age. By delivering cloud-native AI-embedded platforms that enable agility, scalability, innovation, and customer-centric experiences, Majesco is helping organizations transform how they operate and compete in today’s fast-moving market.

Majesco sees GenAI and Agentic AI as central to the industry’s next chapter. From underwriting to claims, AI is reshaping business operating models, driving enhanced productivity, and decreasing operational costs while significantly enhancing user experiences. The company is at the forefront of this change – not simply applying AI but redefining how it’s embedded into insurance in responsible, scalable, and transformative ways.

“Being included in the IDC FinTech Top 100 is a strong testament to the trust our customers place in Majesco to modernize and innovate,” says Adam Elster, CEO at Majesco. “We believe AI will be one of the most powerful levers of transformation in financial services, and Majesco is leading the charge in changing how it’s done – ensuring it’s not just about technology, but about real business value and outcomes for insurers and their customers.”

The IDC FinTech Rankings are the financial services industry’s most comprehensive vendor ranking, recognizing the Top 100 global providers based on calendar-year revenues from financial institutions. Companies on the list demonstrate significant impact and commitment to banking, insurance, capital markets, and FinTech.

For more information on Majesco solutions, please visit www.majesco.com.

About Majesco

Majesco isn’t just riding the AI wave – we’re leading it. Born in the cloud with an AI-native vision, we’ve reimagined the insurance business to help P&C and L&AH insurers move faster, see farther, and operate smarter. As the first core systems provider to embed Generative and Agentic AI, we’ve delivered measurable cost savings, reduced expense ratios, and set the stage for even greater transformation. With AI woven across our portfolio – core, underwriting, loss control, distribution and digital – we strip away complexity, so our customers gain real-time business insights, optimized operations, and enhanced outcomes and can focus on what matters: delivering exceptional products, experiences, and business results.

In a world of constant change, Majesco’s SaaS platform gives insurers the agility to adapt quickly to market and risk shifts, reshape operational cost structures, accelerate innovation, and unlock new business models. With 1,000+ successful implementations and 350+ insurers, reinsurers, and MGAs running their core business on our cloud solutions, Majesco is the leader in Generative and Agentic AI in insurance and accelerator in driving industry change. Break free from the past and build the future of insurance at www.majesco.com.