Majesco - Company Profile
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Majesco, a subsidiary of Thoma Bravo LLC, provides cloud insurance software solutions for insurance business transformation. Its offerings include core insurance solutions for property, annuities, pension, general insurance and life insurance, and group/ voluntary benefits. The company offers services through ecosystem, analytics solutions, distribution software, risk and compliance solutions, intelligent core software and digital solutions. It provides SaaS platform solutions to insurers, managing general agents, reinsurers, brokers, and greenfields/startups. Its major partners include Capgemini, Chase, Fusion, CoreLogic, Blueprint, Efma, EY, HIS Markit and Infosys, among others. It has business presence across North America, Europe, and Asia-Pacific. Majesco is headquartered in Morristwon, New Jersey, the US.
Headquarters
United States of America
Address
Suite 110C, 412 Mount Kemble Avenue, Morristown, New Jersey, 07960
Website
www.majesco.com
Telephone
1 973 4615200
No of Employees
2,403
Industry
Technology and Communications
Revenue (2024)
$300.0M
Majesco premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| - | - | - |
| Intelligent Core Software | Cloud Services | Trademarks: |
| Distribution Software | Consulting Services | Majesco |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In November, the company entered into an agreement to acquire Vitech, a provider of cloud-native software for pension and benefits administration. |
| 2025 | Contracts/Agreements | In January, the company announced that Celina Insurance Group selected Majesco Intelligent Claims for P&C to transform its claim operations. |
| 2024 | Acquisitions/Mergers/Takeovers | In January, the company acquired the Decision Research Corporation (DRC) business, a SaaS-based insurance software company. |
Competitor Comparison
| Key Parameters | Majesco | Accenture Plc | CGI Inc | Pegasystems Inc | Mphasis Ltd |
|---|---|---|---|---|---|
| Headquarters | United States of America | Ireland | Canada | United States of America | India |
| City | Morristown | Dublin | Montreal | Waltham | Bengaluru |
| State/Province | New Jersey | - | Quebec | Massachusetts | Karnataka |
| No. of Employees | 2,403 | 779,000 | 90,250 | 5,598 | 30,157 |
| Entity Type | Private | Public | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Bill McKinzie | Chairman | Executive Board | - | - |
| Adam Elster | Chief Executive Officer; Director | Executive Board | 2018 | - |
| Joe Aho | Chief Financial Officer | Senior Management | 2020 | - |
| Ed Ossie | Chief Operating Officer | Senior Management | 2015 | - |
| Denise Garth | Chief Strategy Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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