Majesco
Cloud insurance software across P&C core suite (Policy, Billing, Claims), L&A and group core suite, and digital engagement. Acquired by Thoma Bravo in 2020 at $16/share ($729M); subsequently acquired ClaimVantage to extend into L&A and group.
www.majesco.com ↗Score
- Traction (named carrier deployments)8 carrier deployment(s) with public source.
- 3/5
- Maturity (years since founding)44 years since founding (1982).
- 5/5
- Coverage (insurance lines supported)5 line(s) supported: auto, home, commercial, life, health.
- 4/5
- Analyst recognition (Celent / Gartner / Forrester / Everest / ISG)2 mention(s).
- 2/5
What it does
Majesco is a cloud insurance-software provider covering P&C, L&A, and group lines. Founded 1982, publicly listed through 2020 on Nasdaq; Thoma Bravo completed an all-cash take-private at $16.00 per share ($729M) in September 2020. Post-acquisition, Majesco acquired ClaimVantage within its first three months under Thoma Bravo, strengthening the L&A and group position.
Named customers. Thoma Bravo's own acquisition press release disclosed an unusually broad customer roster: Chubb, Munich Re, Swiss Re, State Farm, Liberty Mutual, Great American, Allstate, and QBE across P&C. The platform covers the full core suite — Policy, Billing, Claims — plus Digital1st engagement tooling and the LifePlus suite for L&A.
Where it sits in old → new → AI. Majesco is a modern-rung policy-administration vendor, alongside Guidewire and Duck Creek on P&C and as a top-three competitor in L&A. The vendor does not occupy the AI-native rung; AI features are added on top of a modern core. A carrier choosing between Majesco and Guidewire typically decides on implementation ecosystem, roadmap, and total cost of ownership rather than on raw model quality.
Named deployments
- Chubb (US)Thoma Bravo
- Munich Re (DE)Thoma Bravo
- Swiss Re (CH)Thoma Bravo
- State Farm (US)Thoma Bravo
- Liberty Mutual (US)Thoma Bravo
- Great American Insurance (US)Thoma Bravo
- Allstate (US)Thoma Bravo
- QBE (AU)Thoma Bravo