US-based cloud insurance coverage software program options supplier Majesco has fashioned a strategic partnership with Microsoft.

The tie-up is aimed toward facilitating long-term digital transformation for insurance coverage firms by enabling entry to a scalable and safe clever cloud surroundings that leverages Microsoft Cloud and Analytics capabilities.

Beneath the alliance, Majesco and Microsoft will provide a streamlined and built-in digital insurance coverage platform powered by Microsoft Azure’s structure.

In keeping with Majesco, its cloud platform integrates with Azure to supply options to deal with the challenges of the insurance coverage trade.

The corporate added that the collaboration is anticipated to end in “progressive and transformative options” to help growth and suppleness within the always growing insurance coverage enterprise.

Majesco international cloud operations SVP Robert Machnacki stated: “The race to the cloud has turn out to be a pivotal focus within the boardroom, driving insurers to hunt not solely migration but additionally a really transformative SaaS platform that meets present enterprise challenges and elevates the client expertise.

“Our partnership with Microsoft exemplifies our unwavering dedication and vital funding in providing prospects an unparalleled cloud answer with differentiated capabilities.”

Microsoft monetary providers vice-president Luke Thomas stated: “In deploying each vital infrastructure and progressive AI options, Majesco is empowering their prospects to not solely speed up digital readiness but additionally assist them to spice up profitability.

“Utilising the facility of the Microsoft Cloud permits Majesco to supply endpoint safety and modern generative AI fashions to their purchasers, ensuing within the highest calibre buyer expertise.”  

In March this yr, Aviva UK chosen Majesco to bolster its underwriting profitability and danger mitigation capabilities.