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IBM, Majesco announce cloud-based insurance platform

Published 10/11/2017, 11:10 AM
© Reuters.  IBM, Majesco announce cloud-based insurance platform
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  • IBM (NYSE:IBM) announces a new cloud-based insurance platform in conjunction with MetLife (NYSE:MET) and Majesco (NYSEMKT:MJCO).
  • The IBM Insurance Platform will combine cognitive computing, data analytics, and security features to help insurers expand products and attract customers. The Platform builds on the IBM Cloud.
  • Insurance software company Majesco contributed underwriting, policy administration, billings, and claims functions to the Platform.
  • Majesco shares are up 7.98%.
  • Now read: Large Cap, Growth Catalysts, 4% Yield, 19% Upside: IBM


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