Mastek’s subsidiary -- MaiescoMastek, the provider of core insurance systems and services to over 80 P&C and Life insurance carriers in North America, has been selected by Oregon Mutual Insurance Company (OMI) whereby OMI has selected MajescoMastek’s STG Suite to replace and consolidate its existing core insurance systems including policy administration, billing and claims.
OMI will deploy the STG Suite solution on a cloud environment, providing an attractive total cost of ownership (TCO), while enabling a faster time to production with a secure, proven, and modem technology infrastructure.
OMI is a well-established mutual insurance company with an excellent reputation in the marketplace, both with the insured and independent agents. The high maintenance costs combined with functional limitations and integration gaps led OMI to seek a modern, integrated system.
