Majesco (MJCO) Acquires InsPro Technologies

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Go back to Majesco (MJCO) Acquires InsPro Technologies

Majesco Acquires InsPro Technologies: Strengthens and Scales Position in L&A and Group Segment

April 1, 2020 4:01 PM EDT

Expands growth potential and enhances domain depth as insurers seek successful digital and business transformation

MORRISTOWN, N.J.--(BUSINESS WIRE)-- Majesco (NASDAQ: MJCO), a leading cloud and SaaS provider for insurance businesses, announced today that it has completed the acquisition of InsPro Technologies Corporation (OTCBB: ITCC), a U.S. based software leader in the life and annuity insurance market.

InsPro Technologies brings an insurance administration and marketing system that supports group and individual business lines, and efficiently processes agent, direct market, worksite and website generated business. Majesco expands their... More