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Transformation.  Life carriers today face transformative times brought on by economic changes, demographic shifts, and processes designed for a time lone since past.  We provide solutions using technology as an enabler to help drive changes for insurance carriers.  Our consulting approach focuses on your business issues first and develops a strategy with you to meet your goals.  This strategy can involve process change, technology change, or refocused effort.  We bring our industry expertise and solution architects to the table with our unique point of view based on years of engagements with life carriers and a broad view of the market.

 

Our systems leverage our unique blend of local experience and global know-how to deliver strong, scalable software, engineered in compliance with industry standards and supported by a secure, integrated infrastructure. So whether you're driving efficiencies, expanding product lines or exploring new distribution channels, you can always count on results.

 

We understand the current pressure of carriers to generate growth, control costs, and maintain service levels.  Our targeted product set, IT consulting, and flexible services work provides many avenues for helping carriers with these competing problems.  Carriers that look upon today’s times as an opportunity for investment will take advantage of new strategic opportunities that current technology provides and will separate themselves from the competition in the year to come.

 

We understand what matters most to Life carriers:

 

  • Driving growth
  • Attracting and maintaining good producers
  • Providing superior service
  • New and timely product development
  • Gaining a competitive edge
  • Aligning compensation programs to your business objectives
  • Improving responsiveness to market changes
  • Accelerating speed-to-market
  • Generating a profit

 

Welcome to MajescoMastek — your partner in Life and Annuity solution development.

 

Products
Modular policy administration solution for Life, Health and Annuity Insurance Carriers. Elixir is an end-to-end back office solution managing every aspect of the policy lifecycle from new business to claims.
Key Benefits
  • Agile: Configurable product design
  • Modular: Functional components for phased implementation
  • Scalable: Grows to support your business
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Elixir Distribution Management provides the flexibility you need to manage the complexities of the distribution landscape.
Key Benefits
  • Managing multiple channels with complex hierarchy
  • Monitoring producer performance
  • Personalise payment schedules for producers
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NB+U is more than just another software install -- it's a transformational opportunity for your underwriting process.
Key Benefits
  • Effectively processes new business applications
  • Policy generation and dispatch monitoring
  • Flexibility in integrating newer business rules in proposal processing
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Services
Our experts define your business needs, formulate a strategy, develop an effective technology business model and then implement the change across your organisation.
We offer a system that helps organisations catalogue different sources of information for dissemination to many users according to their specific needs.
We translate your IT vision into reality with solutions that are focused on enhancing customer relations and increasing revenue and competitive advantage.
We help you refocus your energies on strategic initiatives by handing over the maintenance and enhancement of business applications to a reliable partner.
With proven test processes and methodologies, we combine world-class infrastructure with extensive program management expertise.
Mastek's data migration and platform rationalization offering has helped some of the biggest names in the industry to move their data seamlessly from legacy systems to new administration platforms.
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January 19,2011
MajescoMastek's Elixir Distribution Management Receives "Positive" Rating from Leading Analyst Firm
January 13,2011
Apollo Munich Health Insurance wins Celent Model Insurer Asia 2011 Award