Ullico Casualty Group to implement Majesco P&C Core Suite, Majesco Enterprise Data Warehouse on Majesco CloudInsurer®
Biznextindia : Cloud insurance software solutions provider Majesco (NASDAQ: MJCO) on Wednesday announced that Ullico Casualty Group, LLC (UCG), a wholly-owned subsidiary of Ullico, Inc., has selected Majesco P&C Core Suite and Majesco Enterprise Data Warehouse on Majesco CloudInsurer™ to underpin their digital transformation and growth strategy.
Ullico, Inc., founded in 1927 with initial funding from the American Federation of Labor, is the nation’s only union-owned provider of multi-line insurance, financial services and administrative products. UCG provides various commercial, business owners, cyber, bonds, fiduciary liability, union liability, and other insurance products to union pension and benefit plans, labor officials, and labor organizations for all 50 states. They have been at the forefront in providing innovative coverages for Labor such as Individual Labor Leader, Investigatory Expense, and Educator’s Liability endorsements. UCG writes policies as a Managing General Agent with multiple A.M. Best A rated insurers as of September 30, 2019.
“Ullico has been at the forefront in providing insurance products that meet Labor’s needs. With the emergence of the digital era and rapid changes in the marketplace, we needed new technology to underpin our digital transformation so that we would be able to respond and capture growth opportunities” said Tina Fletcher, President of UCG.