As the insurance coverage trade faces disruption from know-how corporations and InsurTechs, there’s growing stress to modernize and meet the digital calls for of shoppers. One of the important thing methods that is being completed is thru the adoption of low-code/no-code know-how, which streamlines improvement processes and reduces the quantity of coding required.
Harnessing the Power of Low-Code/No-Code Platforms
Majesco’s Digital1st® platform is a cloud-native, low-code/no-code digital insurance coverage platform that gives a sturdy set of digital expertise instruments, microservices, and wealthy insurance coverage content material. It is pre-integrated with Majesco P&C Core Suite and L&AH Core Suite, which ship personalised and interesting experiences past conventional transactional portals to boost buyer satisfaction and enterprise development.
With the emergence of cloud-based platforms in recent times, insurers can adapt to fast modifications by ushering in a brand new period of core system capabilities. Cloud-based insurance coverage platforms with low-code/no-code capabilities supply a path to freedom from the confines of complicated conventional core back-office programs.
To present constant and high-quality digital choices for interactions throughout the worth chain, insurers should take into account all dimensions of the client expertise. Majesco gives pre-built options to create personalised experiences by way of the Digital 360 Solutions portfolio for P&C and L&AH core suites, constructed on the Majesco Digital1st® Insurance platform. This permits prospects to simply join with their insurer in a customized and holistic manner.
Majesco Digital1st®, 360-Degree buyer expertise presents next-gen options together with:
- Majesco Digital1st® presents a 360-degree buyer expertise with next-gen options, together with a cloud-native, multi-tenant platform with low-code/no-code capabilities to create richer personalised digital experiences past core transactions.
- the platform contains a sturdy EcoExchange insurance coverage market that serves as a companion ecosystem hub, providing a variety of companion apps that may carry out myriad features, reminiscent of insurance coverage objects, templates protecting end-to-end insurance coverage performance, web page layouts, UI widgets, and extra to quickly construct totally personalised, compelling insurance coverage digital experiences.
- The platform additionally has sturdy integration capabilities for contemporary in addition to legacy platforms and quick information ingestion with pre-population of varieties that leverage excellent claims reserve capabilities, machine studying, deep studying, and pure language processing.
Majesco Digital1st® empowers insurers to develop cutting-edge portals, tailor-made experiences, and groundbreaking merchandise. The platform facilitates seamless connectivity with various backend programs to satisfy a variety of necessities, forming the idea of a complete and top-quality customer-centric expertise. Insurers that undertake low-code/no-code cloud-native platforms can keep forward of future challenges and achieve a aggressive benefit each presently and sooner or later.
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