Majesco ranks 23rd on the Top 100 Software Companies List

Majesco, a global leader of cloud insurance software solutions for insurance business transformation, announced it has secured the #23 spot in the Software Report Top 100 Software Companies of 2023. This esteemed awards publication has earned a reputation as the foremost authority on the best companies in the software industry. Backed by a comprehensive approach, the Software Report considers a multitude of factors, including product functionality, customer satisfaction, corporate reputation, innovative capabilities, organizational depth, ESG...

Markel announced Steven Feng as an underwriter for W&I

Markel, the insurance operations within the Markel Group Inc, has named Steven Feng as an underwriter for its Warranty and Indemnity (W&I) team. This new arrival forms an integral part of Markel’s strategy as the organization continues to accelerate growth across its W&I portfolio. Based at Markel’s London office, Feng will report directly to Bryan Dressler, head of W&I at Markel’s international insurance business, where he will be responsible for underwriting the tax risks inherent in W&I transactions. Feng’s...

Ping An ranked 33rd in the Fortune Global 500 List

Fortune has announced the 2023 Global 500 list. Ping An Insurance Company of China, Ltd. (“Ping An” or the “Group”, HKEx:2318; SSE:601318) ranked 33rd on the list with its revenue recorded USD181,566 million. The Group ranked 5th among global financial enterprises, ranked 4th among the Mainland Chinese financial enterprises, and maintained 1st place among global insurance enterprises for five consecutive years since 2019. Under the technology-driven “integrated finance + healthcare” strategy, Ping An continued to see the pursuit of high-quality development as...

Brookfield Reinsurance to Acquire AEL in $4.3 Billion Transaction

Brookfield Reinsurance and American Equity Investment Life Holding Company announced that they have entered into a definitive agreement whereby Brookfield Reinsurance will acquire all of the outstanding shares of common stock of AEL it does not already own in a cash and stock transaction that values AEL at approximately $4.3 billion. As part of the agreement, each AEL shareholder will receive $55.00 per AEL share, consisting of $38.85 in cash and 0.49707 of a Brookfield...

Bridging the Customer Expectation Gap: Property Insurance.

Majesco, a global leader of cloud insurance software solutions for insurance business transformation, announced the availability of a new thought leadership report, Bridging the Customer Expectation Gap: Property Insurance. The new report takes a detailed look at the customer expectation gaps within property insurance, showcasing the difference between what customers expect, want, and need from Majesco’s Consumer and SMB research, as compared to what insurers are doing based on Majesco’s Strategic Priorities research. Three key...

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