FirstBest and MajescoMastek Form Business Alliance

MajescoMastek (New York) and FirstBest Systems (Bedford, Mass.) have formed an alliance that joins MajescoMastek's STG Suite, including STG Billing Solution, with FirstBest's UMS underwriting workstation combined with a business analyst workstation and a Web 2.0 agent portal, according to a FirstBest source.

The vendors claim that their combined offering will help insurance carriers with many challenges of today's market by improving agent and underwriter efficiencies, go-to market strategies and growing the size and quality of their book of business.

"As an innovation and transformation partner for insurance companies, we help our customers reach their business goals by strategically leveraging technology to improve mission-critical and core processes," says Anil Chitale, senior vice president of MajescoMastek's P&C division. "By aligning our solutions with FirstBest, we can now closely integrate and deliver best-in-class operational components for our customers, by offering them the ability to improve overall core operations and gain a strategic advantage."

"We are excited about our strategic technology partnership with MajescoMastek," comments John Belizaire, CEO, FirstBest. "The combined solutions will help insurers go to market faster, enter new markets, improve underwriting operations, and enable visibility into the book of business for agents and underwriters."

Anthony O'Donnell has covered technology in the insurance industry since 2000, when he joined the editorial staff of Insurance & Technology. As an editor and reporter for I&T and the InformationWeek Financial Services of TechWeb he has written on all areas of information ... View Full Bio