Majesco Stakes Claim as AI-Native Insurance Core

Majesco is positioning its cloud-based platform as the operating system for insurers and pension providers who want to move off legacy systems, the company said in a statement. The firm, which counts 375-plus customers and 1,400-plus implementations across property and casualty, life and health, and retirement, argues that the industry's next step requires both an operating model and a technology foundation redesign.

Majesco's pitch centers on embedding AI – including agentic AI – into core administration, underwriting, loss control, distribution, and digital tools. The company says its native-cloud SaaS gives insurers and managing general agents the flexibility to adapt to shifting regulation, risk, and market expectations without overhauling their tech stack every few years.