According to reports, the move aims to power the launch of OpenRoad’s new business and accelerate growth by providing a cutting-edge digital experience for clients and agent partners.
OpenRoad Insurance, a new insurer specialising in collector vehicles, plans to launch across select U.S. states later this summer. The company offers superior coverage options, encompassing standard auto insurance protections and specialized coverage tailored for classic and modern collector cars and their owners.
By leveraging Majesco’s next-gen solutions, OpenRoad Insurance will enter the market with a highly differentiated, data-driven, and streamlined digital experience, setting a new standard for collector vehicle insurance programmes
“We are thrilled to be able to offer the auto enthusiast community more choice, comprehensive coverage, and the fair pricing that they deserve; all of which is housed in an industry leading digital user experience,” said Richard Hutchinson, CEO and Founder of OpenRoad Insurance.
He continued: “With Majesco’s advanced technology, focus on innovation, and deep industry knowledge, we can provide unparalleled service and streamline workflows to reduce our overhead costs and pass even more savings along to our customers.”
Majesco’s P&C Intelligent Core Suite and comprehensive suite of digital solutions empowers its customers to optimise operations, enhance customer experiences, and drive growth and profitability. Embedded with Copilot, a cutting-edge Gen AI assistant that offers unparalleled benefits in productivity, decision-making, and user experience, customers can thrive in today’s fast-paced digital marketplace.
“We are thrilled to embark on this exciting journey with OpenRoad Insurance, helping them accelerate their growth as a valued customer,” said Jim Miller, Chief Revenue Officer at Majesco.
He added: “Together, we look forward to driving innovation, enhancing customer experiences, and deliver cutting-edge solutions to meet their unique insurance needs.”
Source: Business wire
