Side-by-side comparison of AI visibility scores, market position, and capabilities
Insurance core systems platform for mid-tier P&C and L&A carriers; CloudInsurer cloud-native policy and claims modernization competing against Guidewire for regional insurers.
Majesco is an insurance technology company providing cloud-based core systems — policy administration, billing, claims management, distribution management, and data analytics — for property and casualty (P&C) and life and annuity (L&A) insurance carriers. Founded in 1992 and headquartered in Morristown, New Jersey, Majesco is listed on NASDAQ and generates approximately $75 million in annual revenue serving regional and specialty insurance carriers that need to modernize legacy core systems without the risk and cost of custom development.
Boston P&C insurance core systems (policy, billing, claims) taken private by Vista Equity in 2023 for $2.6B; competing with Guidewire for 200+ carrier and MGA cloud modernization.
Duck Creek Technologies is a Boston-based insurance core systems software company providing cloud-native policy management, billing, and claims processing platforms for property and casualty (P&C) insurance carriers, managing general agents (MGAs), and specialty insurers seeking to replace legacy mainframe infrastructure with modern SaaS systems. Taken private by Vista Equity Partners in July 2023 for approximately $2.6 billion (previously traded as NASDAQ: DCT), Duck Creek serves 200+ insurance customers including The Hartford, Zurich, and Nationwide through its OnDemand cloud platform.
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