Majesco, the de-merged insurance products and services business of Mastek, is aiming to garner top-line of $200-$225 million in three years. Currently, the company’s revenue stood at $106 million, of which nearly $2 million (Rs 13 crore) comes from India.
In India, the company works with 12 of the 23 private insurers through Elixir Distribution. With respect to the lines of business, 82.7 per cent is property and casualty, whereas life and annuity constitutes 13.2 per cent.