Majesco, a global provider of core insurance software, consulting and services for insurance business transformation, today announced that a tier one insurer has selected Majesco following an extensive evaluation as their strategic partner for the multiyear modernization program.

As a part of the agreement, the insurer will leverage Majesco's enterprise consulting services and the business transformation framework, application development & management services and the technical reference architecture, and testing services with the automation test framework and testing repository to support the vision laid out by the company for their underwriting and policy platform.

The insurer has been in business for a significant time, working with individuals and businesses to provide innovative insurance solutions for niche market segments. The needs of these markets require the ability to deploy new products quickly to meet the unique needs of these niche markets.

''We are honored and excited to be the strategic partner for this insurer as they begin their modernization journey," commented Ganesh Pai, EVP of Consulting Services for Majesco. "Our rich, integrated set of insurance-specific frameworks and assets will enable agility, innovation and speed while helping deliver optimum insurance business outcomes for them. We look forward to a successful partnership with them."