Mergers and Acquisitions (M&A): Majesco Acquires Vitech
Morristown, New Jersey – Majesco has announced the acquisition of Vitech (https://www.vitechinc.com/). According to the company announcement Majesco is a prominent leader in cloud-native and AI-native insurance technology, primarily serving the Property & Casualty (P&C) and Life & Accident & Health (L&AH) markets. The company recently expanded its market leadership by acquiring Vitech, a provider of cloud-native pension and benefits administration solutions, thereby entering the Group & Benefits and Pension & Retirement segments. This strategic acquisition strengthens Majesco’s position as a category leader for next-generation core platforms, offering a broader and more innovative product portfolio. Majesco’s intelligent, cloud and AI-native solutions are designed to help customers lower expense ratios, streamline complex operations, accelerate product innovation, and respond quickly to evolving demands. With over 1000 implementations, Majesco is relied upon by more than 350 insurers, reinsurers, and MGAs to drive operational optimization, innovation, and growth in the modern insurance era.
To learn more about Majesco, visit https://www.majesco.com/
Company LinkedIn Page: https://www.linkedin.com/company/majesco/
Company Contact:
Majesco
412 Mt. Kemble Ave Suite 110c
Morristown, NJ 7960
973-461-5200
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