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Majesco

Majesco

Majesco Inc. (formerly MajescoMastek) is a multinational provider of insurance technology software, information technology services and consulting to insurance carriers worldwide across lines of business – property & casualty (general insurance), life, annuity, health, pensions, and group & worksite benefits insurance.

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Contents

majesco.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Insurance
Insurance
0
Software as a service (SaaS)
Software as a service (SaaS)
Software
Software
Location
Morristown, New Jersey
Morristown, New Jersey
United Kingdom
United Kingdom
New Jersey
New Jersey
B2X
B2B
B2B
0
Pitchbook URL
pitchbook.com/profiles.../97464-52
Legal Name
Majesco Limited0
Number of Employees (Ranges)
1,001 – 5,000
Full Address
412 Mt. Kemble Ave, Suite 110C, Morristown, NJ 07960, US
Investors
Ashish Deora
Ashish Deora
Aurum Ventures
Aurum Ventures
Founded Date
2004
0
Competitors
Arc System Works
Arc System Works
Maxis
Maxis
2K Games
2K Games
Key People
‌
Chief executive officer
Country
United States
United States
0
Headquarters
Morristown, New Jersey
Morristown, New Jersey

Other attributes

Company Operating Status
Active
Public/Private
Private
Wikidata ID
Q18154619
History

MajescoMastek, the U.S. subsidiary of Mastek was founded in 1992. In 2005, the firm acquired Entegram LLC, a Connecticut-based software company. In 2007, it acquired Vector Insurance Services a technology provider and third-party administrator that focuses on the North American life and annuity insurance industry. Systems Task Group (STG) an IP-based enterprise provider to the North American property and casualty (P&C) insurance industry was acquired in 2008. In 2009, MajescoMastek entered the Canadian Market. SEG Software, LLC, a provider of policy administration systems covering individual and group life, health & annuity insurance products was acquired in 2010.

In 2014, MajescoMastek demerged from Mastek consolidating all of its insurance business internationally under the new brand, Majesco. Majesco acquired the consulting firm Agile Technologies in February 2015. In December 2014, the firm announced the signing of an agreement to merge the business of Cover-All Technologies (NYSE MKT: COVR) with Majesco.

In September 2018, Adam Elster was appointed as Majesco's chief executive officer.

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Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

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References

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