Majesco, the insurance industry’s foremost innovator in cloud-native, AI-native software, announced today it has been honored as the “Best InsurTech Team of 2025” by the Global InsurTech Awards, one of the industry’s foremost platforms recognizing organizations that are redefining the future of insurance through innovation, technology excellence, and measurable industry impact.
This award comes on the back of a year of exceptional performance for Majesco who accelerated its robust AI-native intelligent product portfolio with new capabilities and continued to push the boundaries of what’s possible in insurance technology. Majesco’s recent Fall ’25 release introduced a new generation of Agentic AI capabilities, including 13 AI Agents that automate underwriting, policy, billing, claims and loss control operations across P&C, L&AH. Fueled by a team united in purpose and passion, Majesco is driving remarkable operational transformation and innovation that’s redefining how insurance operates. These advancements underscore Majesco’s commitment to making AI real and practical with transformative business outcomes that create new levels of productivity, reduced operational expenses and reduction in expense ratios that will make them more competitive in the market.
“Winning this award is an incredible honor and reflection of our team, whose innovation, determinization and shared vision continue to shape the future of insurance,” said Adam Elster, CEO at Majesco. “It reflects our shared commitment to delivering measurable results for our customers and accelerating industry innovation. I couldn’t be prouder of our team and what we’re accomplishing together.”
The Global InsurTech Awards celebrate excellence across the global insurance technology ecosystem, spotlighting companies that are setting new benchmarks in innovation, customer value, and operational impact. Majesco’s recognition affirms its position as one of the industry’s most forward-thinking technology leaders who is redefining how insurance is built, delivered and experienced. Majesco was named the top AI leader for both P&C and L&AH Core by QKS in 2025 and achieved leader status across the product portfolio with many other industry analysts including Gartner, Celent, Datos, IDC, and Everest Group.
