Monthly Archives: April 2013

Create a big data framework to gain customer insights

Big data is not just about size; it’s an opportunity to know your customer better. Manoj Porwal, the Product Architect - STG Insurance Platform at Majesco Mastek emphasizes the need to create a framework that…

Canadian insurance major harvests speedy policy delivery’s gains

This is the story of how a leading insurance company from Canada cut down its policy issuance time with STG Policy Administration from MajescoMastek.

Managing big data with new technology options

Big data may not mean a costly and manpower intensive project for insurers. Anil Annadata, the CEO of Code Objects, Inc. recommends new technologies like cloud computing and Hadoop which can speed up and simplify…

A.M. Best, Fitch Ratings, S&P’s and Moody’s Investors Service releases ratings updates

Allstate, The Hartford, QBE are among the 16 insurers who have recently received ratings updates from A.M. Best, Fitch Ratings, Standard & Poor’s (S&P’s) and Moody’s Investors Service. Insurance Networking News has put together its…

Users want customer rewards, financial management tools for mobile payment

A survey of 4,000 smartphone users across the United States and Canada by Accenture reveals that customer rewards and financial-management tools will increase the use of mobile payment technologies. Insurance Networking has put together a…

What are the insurance chief investment officers eyeing this year?

According to a new industry report, an increasing number of global insurers see improvement in investment opportunities this year. As a result, many an insurance chief investment officer (CIO) plans to enhance returns by increasing…

Should you insure a business relying on the cloud?

Cloud computing has brought never before seen advantages to businesses, especially on the scalabity and cost fronts. But it’s not all hunky-dory with the cloud as it may appear at first glance. For example, what…

MajescoMastek bags ‘Positive’ Rating in Gartner MarketScope for Insurance Incentive Compensation Management

MajescoMastek has received a “Positive” rating in Gartner’s recently published MarketScope for Insurance Incentive Compensation Management report*. In the report, Gartner reviewed the 13 dominant vendors that focus on insurance compensation applications in the global…