Majesco (PRIVATE.MJCO)

Overall impact
B (70)

Commentary

Majesco is a strong overall performer. With a 'B' rating of 69.7 for overall impact (82nd percentile compared to all companies), Majesco ranks 19th out of 137 industry peers, behind Mimecast, Audioeye, Open Text and 15 others, and ahead of Eplus, Aware, Inc., Phunware and 115 others. On top material causes for Majesco's industry (Software & Services), Majesco performs well in Reduced Waste (80.9 score), Reduced Inequality (82.3), Free, Secure Flow of Information (95.9) and 3 other causes where it received an 'A' score. Majesco did not receive a 'D' or 'F' rating on any cause.
Impact
Cause PRIVATE.MJCO
Peer rank
Overall impact

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Impact trend

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Company
Employees
2,682
Sector
Information Technology
Industry
Software
Sub-industry
Application Software
SASB industry
Software & IT Services
Headquarters
New Jersey, United States
Share classes
PRIVATE.MJCO
Description
Majesco provides insurance software, and consulting and services for business transformation for the insurance industry worldwide. It offers insurance software solutions for property and casualty (P&C), life and annuity (L&A), and pensions and group employee benefits providers for policy management, claims management, and billing functions. The company provides solutions for L&A and group core insurance areas, including policy management, product modeling, product configuration, new business processing, and claims. It also offers solutions for P&C/general insurance core insurance areas, such as policy management, claims management, rating, underwriting, product configuration, and reinsurance. In addition, the company provides enterprise software solutions comprising billing, distribution channel lifecycle management and incentive compensation, digital enterprise service business platform with portals and mobile capabilities, and a cloud platform. Its consulting and services solutions provide strategy enablement, business transformation, testing, bureau and content management, and application development and maintenance for insurers. Further, the company offers project delivery and implementation services. The company was formerly known as MajescoMastek and changed its name to Majesco in October 2014. Majesco was founded in 1992 and is headquartered in Morristown, New Jersey.
Material causes
Ethos considers the following causes material for Majesco, based on its industry sub-industry Application Software. Learn more about material causes in our methodology overview.

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