Utilant Founder and CEO, Patrick Davis joins the Majesco Senior Leadership Team and will lead this new business. With this addition, Majesco launches an innovative Data and Analytics business unit combining Utilant technology with Majesco’s existing, market-leading data and analytics solution. This acquisition expands Majesco’s extensive product portfolio and adds over 87 customers in the P&C market segment, including global insurance carriers and top risk engineering companies. Utilant’s cutting-edge SaaS solutions, contributory database and AI/ML models deliver the necessary next-generation technology that can address critical insurance trends and help keep pace in today’s digital race. based InsurTech company providing the industry leading survey management SaaS product suite for Loss Control and Premium Audit surveys and artificial intelligence (AI)/machine learning (ML) data and analytics. Morristown, NJ – June 16 th, 2021 – Majesco, a global leader of cloud insurance software solutions platforms, today announced that it completed the acquisition of Utilant LLC, a U.S. The Future of Insurance: Ecosystem PartnersĪcquisition accelerates business innovation and enhances customer experience with new data and analytics business unit.The Future of Insurance: Industry Leaders.Majesco Digital Electronic Bill360 for P&C.Individual, Benefits and Group Solutions.
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