Cloud insurance software solution developer Majesco will bolster the digital transformation of global health service company Cigna, as part of a new partnership.
By incorporating a digital operating model, Cigna head of supplemental health solutions Marc Jeffreys believes it will enable the company to better serve customers. The Majesco CloudInsurer will enable the company to enable integration across the enterprise, improve operational efficiencies and accelerate time to market for new products.
Cigna builds a range of solutions aimed at making healthcare more affordable, predictable and simple. Its initial products focus on group accidental injury, critical illness, and hospital care.
Majesco EVP Prateek Kumar said, ”We are delighted to extend our partnership with Cigna to help them create a next generation foundation to transform their business and accelerate their growth strategy.
“The L&A group and benefits market is ripe for growth, with more employers looking to offer supplemental benefits for employees particularly given the experience over the last year. Our platform will provide the capabilities Cigna needs not only for today, but also in the future with our forward thinking focus on our solutions. We look forward to our partnership and their successful initial implementation.”
Majesco has been on a partnership and acquisition spree over the past few months. Last week, the InsurTech acquiredh Utilant to launch a new data and analytics unit. The company also recently teamed up with Irish Life to support its digital transformation.
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