IBM, in collaboration with MetLife and Majesco, has introduced an industry-first insurance platform on the IBM Cloud that aims to improve the processes and economics for new product development, underwriting, and benefits delivery.
The IBM Insurance Platform will feature cognitive computing, data analytics and integration and security capabilities designed to help insurers expand access to their products and capture new customers.
Majesco enables insurance business transformation for approximately 150 insurance customers by providing solutions which include software, consulting and services.