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Is Majesco a product based company?

Posted on September 24, 2022 by Author

Table of Contents

  • 1 Is Majesco a product based company?
  • 2 What is the product of Majesco?
  • 3 Where is Majesco headquarters?
  • 4 How many employees does Majesco have?
  • 5 What is the business model of Majesco?
  • 6 When does Majesco expect the merger to close?

Is Majesco a product based company?

Majesco is product based company mostly work on insurance domain.

What do Majesco do?

Who is Majesco? We are the strategic partner insurers count on to deliver digital business transformation. We combine our technology, expertise and leadership to help insurers modernize, innovate and connect to build the future of their business – and the industry – at speed and at scale.

What is the product of Majesco?

Majesco Digital1st Insurance is a single platform for all lines of business, P&C and L&A / Group, with ready to deploy portal and mobile solutions for customers, agents, alternative distribution channels, and group benefits / employees.

How big is Majesco?

Company Description: Majesco is located in Morristown, NJ, United States and is part of the Software Publishers Industry. Majesco has 2,682 total employees across all of its locations and generates $146.44 million in sales (USD). There are 18 companies in the Majesco corporate family.

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Where is Majesco headquarters?

Morristown, NJ
Majesco/Headquarters

What type of company is Majesco?

About Majesco Limited Majesco Limited was incorporated as Minefields Computers Private Limited on June 27, 2013 in the state of Maharashtra. It was converted into a public limited company on December 22, 2014.

How many employees does Majesco have?

2,682
Company Description: Majesco is located in Morristown, NJ, United States and is part of the Software Publishers Industry. Majesco has 2,682 total employees across all of its locations and generates $146.44 million in sales (USD)….

Year COST OF REVENUE
2019 72.48
2020 74.8

What is claim Vantage?

ClaimVantage is recognized as a top enterprise claims management solution for L&A and Group insurance market and a leader in Absence, Accommodation and Integrated Disability Management (IDAM) to meet operational and federal and state compliance leaves demands.

What is the business model of Majesco?

Majesco (NASDAQ: MJCO) provides technology, expertise, and leadership that helps insurers modernize, innovate and connect to build the future of their business – and the future of insurance – at speed and scale. Our platforms connect people and businesses to insurance in ways that are innovative, hyper-relevant, compelling and personal.

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Why Majesco for your Pas?

At Majesco, we make them real, and put them to work helping carriers move with the market, creating business value and delivering innovation to customers faster. Is your PAS choking your customer-driven strategy? What’s next? core insurance platform that’s built for speed and scale. Alexa… Should I Do A Fund Switch?

When does Majesco expect the merger to close?

Assuming satisfaction of those conditions, the Company expects the merger to close on or before the end of 2020. Upon completion of the transaction, Majesco expects to continue to operate under the leadership of CEO Adam Elster and the existing Majesco Leadership Team.

What are the terms of the Majesco purchase agreement?

Under the terms of the agreement, all Majesco shareholders of record will receive $13.10 in cash for each share of Majesco common stock upon closing of the transaction. The price represents a premium of approximately 74\% over Majesco’s average closing price during the 30-trading day period ended July 17, 2020.

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