Majesco Acquires Decision Research Corporation (DRC)
Morristown, NJ – January 4th, 2024 – Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the acquisition of the Decision Research Corporation (DRC) business, a SaaS-based insurance software company delivering market-leading enterprise rating, a reinsurance solution, and core for the P&C insurance market.
Majesco will add over 20 P&C customers to their growing customer community.
DRC designed and delivered a market leading enterprise rating for large insurers with complex rating demands and the core platform for the rapidly growing MGA/MGU market and unique demands for smaller insurers in a rapidly changing marketplace. The DRC acquisition expands the breadth and depth of solutions to improve operational optimization, innovation, and speed to market for all parties within the P&C market. The announcement furthers Majesco’s customer-centric growth strategy and reinforces its commitment to making insurance faster, easier and better for all.
About Majesco
Majesco is the partner P&C and L&AH insurers choose to create and deliver outstanding experiences for customers. We combine our technology and insurance experience to anticipate what’s next, without losing sight of what’s important now. Over 350 insurers, from greenfields, and startups to some of the world’s largest insurers, rely on Majesco’s SaaS platforms solutions of core, data, analytics, digital, distribution, loss control and rich ecosystem of partners to create their next now