Cognitive

Majesco teams with IBM to bring cognitive cloud to insurance

Share this post:

Majesco IBM cognitiveThe insurance business is all about anticipating and preparing for what may happen in the future.

That could be why Majesco, which provides core insurance software, consulting and services for providers across the world, has formed a five-year partnership with IBM to offer a cognitive, cloud-based platform to give insurers the power to develop new customer services that use predictive analytics.

Here’s how SD Times described what will be on offer:

IBM will contribute Watson and other cognitive application programming interfaces (APIs) that will run on IBM Cloud. This will allow insurance companies to better analyze, price and understand business risks using new data sources and add an engaging and personalized advisory interface to their services.

Having these cognitive abilities at hand to analyze customer data will help reduce risks, improve pricing and increase efficiency.

Another piece of the joint offering is a secure, global incubator which will enable insurance companies to develop and launch cognitive, cloud-based products and services.

For more about the partnership between Majesco and IBM, check out the full SD Times article.

More Cognitive stories

French insurer teams with IBM Services to develop fraud detection solution

Auto insurance fraud costs companies billions of dollars every year. Those losses trickle down to policyholders who absorb some of that risk in policy rate increases. Thélem assurances, a French property and casualty insurer whose motto is “Thélem innovates for you”, has launched an artificial intelligence program, prioritizing a fraud detection use case as its […]

Continue reading

Cloud innovation in real estate: Apleona and IBM rely on new technologies

Digitization does not stop at the proverbial concrete gold — real estate. In fact, the real estate industry is on the move. Companies are realizing the benefits of digital transformation and are capitalizing on the power of new technologies such as cloud, AI and blockchain. Take, for example, Apleona GmbH, one of Europe’s largest real […]

Continue reading

Innovate with Enterprise Design Thinking in the IBM Garage

We’ve all been there. You have an amazing idea that’s really exciting. Maybe it’s a home improvement project, or perhaps it’s a new business idea. You think about all the details required to make it real. But, once you get to the seventh action item, you’re not so excited anymore. Sometimes when we realize the […]

Continue reading