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Majesco Joins the Association of Financial Mutuals

Majesco, a global provider of cloud-based, core insurance platform software, has joined the Association of Financial Mutuals, the trade body which represents mutual and not-for-profit insurers, friendly societies and other financial mutuals across the UK.

Majesco works extensively with over 200 insurers across all lines of business for life and non-life, including InsurTech start-ups and greenfields by providing core, innovative cloud and digital solutions to help the insurance industry and clients transform their business.  New and innovative business models, products, services and channels, as well as new approaches to customer engagement are becoming the new norm for insurance, demanding agility, speed and innovation which is dramatically different from legacy insurance practices.  Majesco has been an early thought leader about the change and disruption in the insurance market and continues to accelerate overall market awareness of our solutions and rapid time-to-value.  Sharing our views and gaining insight from the Association of Financial Mutuals will be imperative to help insurers build their future in the insurance industry.

Members of the Association of Financial Mutuals benefit from access to networking, research, regular training and events, and topical updates and responses to government and regulators on issues that affect mutuals based in the UK.

Martin Shaw, Chief Executive of the Association of Financial Mutuals commented: “We are delighted to announce Majesco as the latest associate member of the Association of Financial Mutuals. Majesco has previously shown support in sponsoring our annual conference and AGM and we are pleased to cement this relationship further by granting Majesco associate membership. We believe that their wide range of thought leadership, from webinars to white papers, will be of great benefit to our members. We look forward to working with Majesco and using the best of their knowledge and skills around technology to help to educate and support our members.”

Norman Carroll, Managing Director,  Majesco Europe commented: “We look forward to teaming up with the Association of Financial Mutuals and their members.  We are committed to providing technology, expertise and leadership that will help the UK mutuals industry modernise, innovate and connect to the future of their business. We expect that by collaborating with the Association of Financial Mutuals we will be able to learn a great deal more about the industry and facilitate mutuals in learning more about the future of insurance and how it can be achieved with technology.”

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