Cloud insurance software solutions firm Majesco has joined forces with Microsoft to provide customers with a new and scalable software as a service (SaaS) insurance platform.

The partnership aims to advance the long-term digital transformation for insurers.

By utilising Microsoft Cloud and Analytics capabilities, the partnership will offer clients a scalable and secure intelligent cloud environment.

Through the collaboration, Majesco and Microsoft also expect to deliver innovative and transformative solutions to facilitate sustained growth and agility in the changing insurance sector.

Majesco claimed that its cohesive and integrated digital insurance platform will run on the strong foundation provided by the architecture of Microsoft Azure.

Based in the US, Majesco supports insurers to modernise, innovate, and deliver tailored experience at speed and scale.

Majesco global cloud operations senior vice president Robert Machnacki said: “Our partnership with Microsoft exemplifies our unwavering commitment and significant investment in offering customers an unparalleled cloud solution with differentiated capabilities.

”We are thrilled to have this strategic alliance and eagerly anticipate assisting our clients in thriving amidst the digital age’s vast opportunities.”

By integrating Majesco’s cloud platform with Azure, the partnership seeks to unleash opportunities for expedited growth, operational optimisation, and innovation in the current digital landscape.

Microsoft financial services vice president Luke Thomas said: “In deploying both critical infrastructure and innovative AI solutions, Majesco is empowering their customers to not only accelerate digital readiness, but helping them to boost profitability.

“Utilising the power of the Microsoft Cloud allows Majesco to provide endpoint security and leading-edge generative AI models to their clients, resulting in the highest caliber customer experience.

In July 2023, KPMG and Microsoft unveiled an expansion of their long-standing relationship, with a focus on reshaping professional services across key areas including modernisation of workforce, secure development, and artificial intelligence (AI) solutions.