Hansard Global PLC Leverages Majesco LifePlus for Transformation
Hansard Global PLC has taken a significant step towards enhancing its business operations by migrating its entire portfolio to Majesco’s LifePlus solutions. This strategic move aims to transform how the company interacts with its brokers and clients, paving the way for innovative product offerings globally. The transition to platforms like Admin Plus, Distribution Plus, and Illustrate Plus marks a major milestone in Hansard’s digital transformation journey.
Enhancing Client Experience Through Digital Solutions
Headquartered in the Isle of Man, Hansard Global provides a suite of innovative financial products and services tailored for financial advisors and their international clients. With the latest technologies at their disposal, they have set an industry standard for an integrated online proposition and exceptional service delivery. By partnering with Majesco, Hansard is not just keeping pace with industry changes; it is leading the way in redefining the client experience.
The Significance of this Partnership
The collaboration between Hansard and Majesco stands as a testament to the proactive steps organizations can take towards digital excellence. John Whitehouse, Chief Operating Officer at Hansard Global, highlighted, “This partnership marks a pivotal moment in our digital transformation journey,” emphasizing the benefits that cloud-native solutions bring to operational capabilities.
About Majesco's LifePlus Solutions
Majesco’s LifePlus solutions are designed to cater to individual life, pension, and wealth management needs. These SaaS offerings provide comprehensive support throughout the policy lifecycle, from initial customer engagement to smooth claims processing. One of the appealing features of Majesco’s model is the flexibility it provides; clients can avoid substantial upfront investments by opting for pay-per-usage solutions. This approach enables businesses to scale as needed without compromising quality.
Expanding Horizons with Innovative Products
As Hansard Global integrates the LifePlus solutions into its operations, there is significant promise for developing new savings and investment products that meet the evolving needs of their clientele. This innovation is crucial for facilitating sustained growth and operational optimization. Prateek Kumar, EVP Sales at Majesco, shared enthusiasm for this transformative journey, underscoring the commitment to excellence shared between the two organizations.
Majesco's Industry Leadership
As a key player in the insurance industry, Majesco has earned its reputation by empowering clients to embrace change, rather than shy away from it. The organization leverages its extensive experience and technological expertise to provide tailored solutions for over 350 insurers worldwide. The philosophy of embracing evolution ensures that Majesco remains at the forefront of the industry.
Commitment to Growth and Innovation
Through relentless commitment and innovation, Majesco empowers its clients to bridge the gap between traditional practices and a fully digital approach. Their portfolio of successful implementations showcases their capability to adapt and thrive in an ever-changing market landscape.
About Hansard Global PLC
Hansard Global PLC is the holding company of a group providing long-term savings solutions. Founded in the early 2000s and listed on the London Stock Exchange, the group is known for its flexible, tax-efficient investment options that cater to the growing needs of international investors. Hansard operates through a network of independent financial advisors and institutions to deliver effective solutions across more than 170 countries.
Global Reach and Market Position
The group strategically services geographic markets including the Middle East, Africa, the Far East, and Latin America, making it a key player in those regions. Its operational model allows for scalability and quick adaptation to market trends, ensuring readiness for emerging opportunities without requiring significant extra investment.
Frequently Asked Questions
What technologies is Hansard Global PLC using for transformation?
Hansard Global PLC is utilizing Majesco’s LifePlus solutions, which include Admin Plus and Distribution Plus, to enhance its digital capabilities.
How does Majesco's model benefit clients?
Majesco offers a pay-per-usage pricing model, allowing clients to scale operations without incurring massive upfront costs.
Where is Hansard Global PLC based?
Hansard Global PLC is headquartered in the Isle of Man, providing services to an international client base.
What is the primary focus of Hansard Global?
The company focuses on innovative financial solutions for advisors and investors, emphasizing long-term savings and investment products.
How does this partnership affect the market?
The partnership between Hansard and Majesco positions both companies to capture new market opportunities and redefine the client experience in financial services.
