Majesco Embraces GenAI at ITC Vegas: Transforming Insurance
Majesco Showcases Innovative Insurance Solutions with GenAI
Majesco, a global leader in cloud insurance solutions, is gearing up for an exciting event as a Title Sponsor at ITC Vegas 2024. This conference, held at Mandalay Bay, promises to explore the revolutionary potential of Generative AI (GenAI) and advanced intelligent core solutions tailored specifically for the Property & Casualty (P&C) and Life & Annuity & Health (L&A&H) insurance sectors.
The Power of GenAI in Insurance
With GenAI poised to redefine the insurance landscape, attendees of ITC Vegas can expect firsthand insights into real-world applications of this transformative technology. Majesco's participation includes a key main stage session dedicated to showcasing the practical value GenAI brings to insurance processes. This session will illuminate how GenAI differs from traditional approaches, offering improved productivity and operational excellence.
Live Demos and Expert Insights
At Booth #1732, Majesco will host live demonstrations that illustrate significant enhancements in insurance operations across policy management, billing, and claims processing. Attendees will have the chance to engage with industry experts who will share their experiences and the benefits of leveraging GenAI to innovate operations.
A Word from Leadership
"We’re thrilled to showcase our intelligent solutions at ITC Vegas," stated Adam Elster, CEO of Majesco. "The theme 'Innovate to Launch' embodies our commitment to spearheading change in the insurance industry. Our solutions are designed to empower insurers to enhance operational efficiency, drive sustainable growth, and embrace innovation for long-term success."
Highlighted Sessions at ITC Vegas
Throughout the event, Majesco will present various notable sessions:
Main Stage Session: GenAI – Revolutionizing and Optimizing Insurance Operations
Date: Wednesday, October 16 | 8:15 – 10:00 AM | Main Stage
This session, featuring a panel of industry leaders such as Sandeep Mangaraj from Microsoft and Manish Shah from Majesco, will dive into how GenAI is reshaping insurance operations to boost productivity and efficiency.
Lunch Workshop: How GenAI is Poised to Innovate and Revolutionize Insurance
Date: Wednesday, October 16 | 12:30 – 2:00 PM | Mandalay Bay Ballroom
This interactive workshop will shed light on the operational impacts of GenAI with live demonstrations, revealing how Majesco’s Intelligent Core solutions drive real-time efficiencies.
Innovation in Action: Seizing Growth and Market Opportunities
Date: Thursday, October 17 | 10:30 – 11:05 AM | Mandalay Bay Ballroom H
This session will feature experts discussing how insurance companies are leveraging cloud solutions to enhance their business operations and reduce costs.
About Majesco and the Future of Insurance
Majesco, as an industry pioneer, is dedicated to enabling P&C and L&A&H insurers to craft and deliver exceptional customer experiences by merging technology with deep insurance expertise. Their intelligent SaaS platforms are trusted by over 350 insurers, encompassing a range of organizations from startups to established global players.
Majesco believes in actively driving change and transformation within the insurance sector, with more than 1,000 successful implementations and a remarkable 90% of their customers now operating in the cloud. This commitment empowers clients to challenge traditional models and embrace digital-first strategies to enhance their market presence.
For additional information about how Majesco can transform your insurance operations, be sure to visit their booth and engage with their team. They are excited to share their insights and innovative solutions at ITC Vegas.
Frequently Asked Questions
What is GenAI and its importance in insurance?
GenAI refers to Generative AI, a technology that enhances operational capabilities and improves efficiency by automating tasks and improving decision-making processes in the insurance industry.
When and where is ITC Vegas 2024 being held?
ITC Vegas 2024 is scheduled for October 15-17 at the Mandalay Bay in Las Vegas, featuring key advancements in insurance technology.
How can I engage with Majesco at ITC Vegas?
Visitors can engage with Majesco at Booth #1732, where live demos of their intelligent core systems will be showcased.
Who are the experts speaking at ITC Vegas sessions?
The sessions will include industry leaders such as Adam Elster, Sandeep Mangaraj, and others showcasing insights into the impact of GenAI on insurance operations.
What solutions does Majesco provide?
Majesco offers a range of intelligent cloud-based software solutions designed to enhance various aspects of the insurance lifecycle, from underwriting to claims management.
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