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MajescoMastek unveils improved version of STG Policy administration system

MajescoMastek, a core insurance systems and services provider to P&C and Life insurance carriers in North America, has launched an enhanced version of STG Policy Administration (STG Policy) at the IASA Educational Conference and Business Show.

The STG Policy provides support for all major P&C lines of business, ISO electronic rating content support, enhanced underwriter desktop, configuration tools, multiple deployment options, document management capabilities as well as analytics and dashboards.

MajescoMastek P&C practice leader Anil Chitale said, "This latest version of STG Policy is our response to the demand from insurers for flexible, feature rich systems that are capable of supporting their entire P&C product portfolio."

Designed to provide full life-cycle processing capabilities, the STG Policy comprehensive system is a key component of the STG Suite which comprises STG billing, STG product modeler, STG claims and distribution management.

Capable of deploying as a standalone or integrated within the carrier’s IT landscape, the STG products can be used as an enterprise end-to-end suite to support the complete P&C insurance value chain.