Majesco Intelligent Sales & Underwriting Workbench
AI-driven solutions for group and voluntary benefits insurers.
Overview
Majesco's Intelligent Sales & Underwriting Workbench is a purpose-built solution for the L&AH (Life & Annuity Health) Group and Voluntary Benefits insurance sector. It is designed to be a standalone system, agnostic to the carrier's existing policy, billing, and claims solutions. The platform uses AI and machine learning to optimize processes, reduce quote turnaround times, and maximize profitability. It provides a single interface for underwriters to manage quoting, rating, proposals, enrollment, and automated renewals for all group sizes and benefit products.
✨ Key Features
- AI-driven quoting and rating
- Automated renewals
- Proposal generation
- Predictive modeling
- Standalone and core-system agnostic
- Multi-lingual support
- Configurable components for all group sizes
🎯 Key Differentiators
- Purpose-built for Group and Voluntary Benefits
- Core system agnostic, allowing for flexible integration
- Strong focus on AI and predictive modeling for rating and risk selection
Unique Value: Provides a specialized, AI-powered underwriting and sales workbench for the group and voluntary benefits market that is independent of core systems, enabling faster innovation and integration.
🎯 Use Cases (4)
✅ Best For
- Reducing quote turnaround time for group benefits
- Improving profitability through AI-driven risk assessment
- Streamlining the renewal process for efficiency
💡 Check With Vendor
Verify these considerations match your specific requirements:
- P&C insurance lines
- Individual life insurance underwriting
🏆 Alternatives
Unlike general-purpose P&C or core suites, Majesco's workbench is specifically tailored to the complex quoting, rating, and renewal needs of the group benefits sector.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
- ✓ Dedicated Support (Varies by contract tier)
🔒 Compliance & Security
💰 Pricing
Free tier: N/A
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