Majesco Acquires Exaxe, EMEA Cloud Software Leader for Life, Pensions and Wealth Management

November 27, 2018 Sharon Cronin

Pensions Press releases cloud based software wealth management life insurance

Majesco Acquires Exaxe, EMEA Cloud Software Leader for Life, Pensions and Wealth Management News Release Morristown, NJ – November 27, 2018 – Majesco (NYSE AMERICAN: MJCO), a global leader of cloud insurance technology, announced today the acquisition of Exaxe, an EMEA based cloud software leader in  the life, pensions and wealth management segment.  Headquartered in Dublin, Ireland Exaxe serves a growing list of top European insurers. This acquisition will strengthen and expand Majesco’s software offerings in EMEA for the individual life, pensions and wealth management market while complementing Majesco’s software and Group focused customer base in the UK.
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Exaxe shortlisted for three Life Insurance International Innovation Awards

October 23, 2018 Sharon Cronin

Press releases Exaxe News Awards life insurance life insurance international

Exaxe shortlisted for three Life Insurance International Innovation Awards NEWS RELEASE Dublin, 23rd October 2018 – Exaxe is delighted to announce that it has been shortlisted for three Life Insurance International Innovation Awards:
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Aviva buying, AIG innovating & Exaxe launching

Life & Pensions life insurance

  Aviva CEO – “We want acquisitions.” Speaking on Wednesday, the company’s CEO Mark Wilson announced at a Press conference that: “We want to turn Aviva into a fintech. We will do acquisitions in this space… I don’t mean billions, there’s nothing imminent.” “We believe what we have is world leading,” he said. “What we’re trying to do is fundamentally change the insurance industry. How long will it take? I don't know.” The company is said to be spending a minimum of £100 million a year on digital transformation and has established a venture capital fund that has £200 million to invest by 2020. It has already made six investments, with another imminent. Read More: Aviva CEO – “We want acquisitions.”
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Investec into life insurance, Pension Board and Robo Future in the UK

Pensions robo-advice life insurance

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Virgin Money Life Insurance, Auto Enrolment & Blockchain

Autoenrolment life insurance blockchain

Virgin Money launch new life insurance product ...Building upon the success of Junction, BGL Group’s personal lines affinity insurance business, which is the largest in the UK, the contract with Virgin Money is the first life insurance affinity partnership for BGL Group....
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Love, Chocolate, Social and Robots which one is L&G going to focus on, ahead of you?

February 20, 2017 Sharon Cronin

robo-guidance robo-advice life insurance

Love Insurance Would you buy guaranteed love for £35, as a Chinese’s underwrite has launched “love insurance.” ...Chinese life insurer, China Life, has launched ‘love insurance’ for young romantics – meaning love can be a bed of roses this Valentine’s Day.... ...China Life’s love insurance is reportedly designed ‘to guide the younger generation to develop a positive attitude towards love and relationships.... Read more: China Life launches ‘love insurance’
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Life & Pension News Recap – Aviva providing strong return for shareholders, double tax relief, going digital & why blockchain is so hot

February 13, 2017 Sharon Cronin

Pensions life insurance blockchain

Another busy week for the life insurance and pension industry, with companies changing hands, people claiming double tax relief, digital of course and why we are so hot for blockchain.  
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Is fitness technology good for life insurance?

February 10, 2017 Sharon Cronin

technology life insurance fitness

This week, Investing News has the article on insurtech is starting to follow where fintech went with banking. However, will it be the same for life insurance?
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Unexpected item in the bagging area

May 09, 2013 Tom Murray

Pensions UK EU Annuity Life and Pensions

When auto-enrolment was first mooted, it was forecast that one of the immediate benefits to the UK would be the arrival of new entrants into the pension manufacture and distribution arenas. Happily, this has been the result on the manufacturing side with the government based National Employment Savings Trust (NEST) being joined by other pension providers such as Now: Pensions and the Peoples Pension.
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