Majesco, a provider of cloud-native, AI-driven software for the insurance industry, has been recognized in the IDC FinTech Top 100 Rankings for the third consecutive year. The rankings spotlight the most influential global technology providers serving financial services.
Recognition of Growth and Innovation
Majesco’s inclusion highlights its ongoing growth, innovation, and impact across the insurance ecosystem. The company delivers cloud-native, AI-embedded platforms that enable agility, scalability, innovation, and customer-centric experiences. These solutions support insurers seeking to modernize operations for the digital age.
AI as a Transformative Force
Majesco emphasizes the importance of Generative AI and Agentic AI in the future of insurance. From underwriting to claims, AI is changing business models, enhancing productivity, lowering costs, and improving user experiences. The company positions itself at the forefront of this shift, embedding AI in ways that are designed to be responsible, scalable, and transformative.
Leadership Perspective
“Being included in the IDC FinTech Top 100 is a strong testament to the trust our customers place in Majesco to modernize and innovate,” said Adam Elster, CEO at Majesco. “We believe AI will be one of the most powerful levers of transformation in financial services, and Majesco is leading the charge in changing how it’s done – ensuring it’s not just about technology, but about real business value and outcomes for insurers and their customers.”
About the IDC FinTech Rankings
The IDC FinTech Rankings recognize the top 100 global providers based on calendar-year revenues from financial institutions. These companies demonstrate significant impact and commitment to banking, insurance, capital markets, and FinTech.
About Majesco
Majesco was founded with a cloud and AI-native vision to help P&C and L&AH insurers modernize operations. The company is the first core systems provider to embed Generative and Agentic AI across its portfolio, which includes core, underwriting, loss control, distribution, and digital solutions. These capabilities have delivered measurable cost savings, reduced expense ratios, and enhanced outcomes for insurers.
The company’s SaaS platform provides agility for insurers to adapt quickly to changing market and risk conditions, accelerate innovation, and optimize operations. With over 1,000 implementations and more than 350 insurers, reinsurers, and MGAs using its cloud solutions, Majesco is positioned as a leader in Generative and Agentic AI in insurance.
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