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Description
Streamline the risk assessment process by reducing the number of locations that underwriters and staff need to evaluate from 15 to just 1. Provide real-time insights into appetites, winnability, and guidelines, ensuring that the most promising business opportunities rise to the top of the underwriter’s workload. Equip underwriters to make informed decisions that align with the organization's overarching goals and strategic direction. Employ visual tools to track risk accumulations, actively manage the portfolio, and steer underwriters towards the most favorable outcomes. Relieve underwriters and staff from tedious tasks such as completing paperwork and searching for risk information and underwriting guidelines. Customized workflows for new business, renewals, and referrals integrate goal-setting, performance monitoring, comprehensive account data, and risk assessments. Our innovative platform enhances risk selection and provides portfolio-aware insights, making it easier for underwriters to navigate the final stages of underwriting and core operations through a user-friendly workflow crafted specifically for their needs. By implementing these advancements, the efficiency and effectiveness of the underwriting process will be significantly improved, ultimately benefiting the entire organization.
Description
Majesco P&C CoreConnect is a cloud-native core insurance platform created for property and casualty MGAs, MGUs, and smaller insurers that need a flexible system for managing complex insurance operations. It brings together quoting, rating, policy administration, billing, claims, and related workflows within a single platform. Preconfigured product templates and an MGA Model Office for selected lines of business can help organizations launch products more quickly while reducing implementation risk. The platform supports multiple insurers, reinsurers, distribution partners, currencies, languages, and market requirements, including capabilities for London and Lloyd's environments. Configurable underwriting portals and low-code tools allow business users to adjust processes, rates, rules, and workflows without depending entirely on technical teams. P&C CoreConnect also integrates with carrier APIs, data enrichment providers, document systems, comparative raters, and other insurance technology services. AI-driven features include document question answering, sanctions checking, unstructured submission ingestion, and automation that can create submissions from ACORD forms to reduce manual rekeying. Power BI dashboards, configurable analytics, and self-service reporting provide business users with greater visibility into underwriting, operations, claims, and performance data. Majesco P&C CoreConnect is intended to help insurance organizations improve speed to market, automate core processes, scale operations, and respond more quickly to changing risk and competitive conditions.
API Access
Has API
No
API Access
Has API
No
Integrations
Majesco
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
No
In Person
Yes
Vendor Details
Company Name
Federato
Country
United States
Website
www.federato.ai/
Vendor Details
Company Name
Majesco
Country
United States
Website
www.majesco.com/core-software-insurance-solutions/pc-coreconnect/
Product Features
Insurance Underwriting and Rating
Broker / Agent Portal
No
Carrier Upload
No
Commercial Lines
No
Comparative Insurance Rating
No
Customer Portal
No
For Casualty Insurance
No
For Health / Medical Insurance
No
For Life Insurance
No
For Personal Insurance
No
Multi-State
No
Multiple Line Rating
No
P&C Insurance
Billing & Invoicing
No
Broker / Agent Portal
No
Claims Management
No
Commission Management
No
Customer Portal
No
Document Management
No
Insurance Rating
No
Marketing Automation
No
Policy Management
No
Quote Management
No
Reinsurance Administration
No
Underwriting Management
No
Product Features
P&C Insurance
Billing & Invoicing
No
Broker / Agent Portal
No
Claims Management
No
Commission Management
No
Customer Portal
No
Document Management
No
Insurance Rating
No
Marketing Automation
No
Policy Management
No
Quote Management
No
Reinsurance Administration
No
Underwriting Management
No
