Welcome!

Java IoT Authors: Liz McMillan, Pat Romanski, TJ Randall, Zakia Bouachraoui, Elizabeth White

News Feed Item

AMA Insurance Now in Production with MajescoMastek’s Billing Solution

MajescoMastek, the provider of core insurance systems and services to over 80 insurance carriers in North America, today announced that Alberta Motor Association Insurance Company (AMA Insurance), a direct property and casualty writer, has successfully deployed MajescoMastek’s STG Billing solution.

In production with STG Billing for personal and commercial auto as well as property and accident insurance, AMA Insurance is now able to more effectively and efficiently address the company’s enterprise billing, payments, and disbursements needs.

Key benefits the new billing environment has provided AMA Insurance include: accurate/highly efficient and automated billing and receivable processes with a seamless transition for clients, a modern and flexible operation for payments, disbursement, and collections functions and a significant reduction in manual processes. The transformation project included the migration of thousands of policies to MS SQL, representing more than five years of transactional data previously maintained in an obscure source database.

Commenting on the success of the project, AMA Insurance’s Vice President of Finance, Bob Hillman said, “This is one of the smoothest and well managed implementations that I have seen. I’m pleased with the work from MajescoMastek as well as with the quality of the STG Billing solution.”

Hillman continued, “While the system was highly functional out-of-the-box, the configuration capabilities offered with STG Billing enabled us to modify the system to meet our specific needs. The system was immediately a hit with our users. It’s been a great experience from the beginning, and we look forward to working with MajescoMastek to maximize the benefits of this system.”

"We congratulate AMA Insurance on the successful deployment of STG Billing and are pleased that MajescoMastek was able to play a key role in helping them achieve their timeline and business goals. It’s been a true partnership with the AMA Insurance team. The quality of the relationship and the dedication of the joint team are evident in the project results," said Anil Chitale, SVP & Chief Product Evangelist with MajescoMastek.

STG Billing is 100% Java based and contains tools to define custom business rules and design payment, collection, disbursement and delinquency plans; creating organization-specific solutions and greater business value. STG Billing’s flexible workflow management streamlines the collection of payments while increasing cash flow, without sacrificing accuracy or consistency. The ability to support multiple channels and levels of billing brings the value of STG Billing to more stakeholders in the business process than ever before.

About Alberta Motor Association Insurance Company (AMA Insurance)

Alberta Motor Association Insurance Company - AMA Insurance - has been providing Albertans with security and peace of mind for over 50 years. AMA Insurance is a direct property and casualty writer, underwritten by the Alberta Motor Association Insurance Company, with in-house claims. Whether it is in the sales and promotion of products or handling a claim, our members and clients are our first priority.

AMA Insurance is a wholly owned subsidiary of the Alberta Motor Association (AMA). AMA is one of the largest membership organizations in Alberta, representing more than 950,000 members. As a leading advocate for traffic safety, travel, consumer protection and crime prevention, AMA represents the interests of its members and the motoring public to industry and all levels of government. Visit www.ama.ab.ca to learn more about AMA's products, services and member advocacy efforts.

About MajescoMastek

MajescoMastek is a provider of core insurance technology software and IT services to over 80 carriers in North America. MajescoMastek delivers proven solutions and IT services in core insurance areas including policy administration, billing, claims and distribution. MajescoMastek is a subsidiary of Mastek (NSE: MASTEK) with over 3200 employees operating in 8 countries across the globe.

For more information, please visit us on the Web at www.majescomastek.com, or call 1-800-249-9540.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
AI and machine learning disruption for Enterprises started happening in the areas such as IT operations management (ITOPs) and Cloud management and SaaS apps. In 2019 CIOs will see disruptive solutions for Cloud & Devops, AI/ML driven IT Ops and Cloud Ops. Customers want AI-driven multi-cloud operations for monitoring, detection, prevention of disruptions. Disruptions cause revenue loss, unhappy users, impacts brand reputation etc.
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
Atmosera delivers modern cloud services that maximize the advantages of cloud-based infrastructures. Offering private, hybrid, and public cloud solutions, Atmosera works closely with customers to engineer, deploy, and operate cloud architectures with advanced services that deliver strategic business outcomes. Atmosera's expertise simplifies the process of cloud transformation and our 20+ years of experience managing complex IT environments provides our customers with the confidence and trust tha...
The Japan External Trade Organization (JETRO) is a non-profit organization that provides business support services to companies expanding to Japan. With the support of JETRO's dedicated staff, clients can incorporate their business; receive visa, immigration, and HR support; find dedicated office space; identify local government subsidies; get tailored market studies; and more.
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
As you know, enterprise IT conversation over the past year have often centered upon the open-source Kubernetes container orchestration system. In fact, Kubernetes has emerged as the key technology -- and even primary platform -- of cloud migrations for a wide variety of organizations. Kubernetes is critical to forward-looking enterprises that continue to push their IT infrastructures toward maximum functionality, scalability, and flexibility. As they do so, IT professionals are also embr...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
As you know, enterprise IT conversation over the past year have often centered upon the open-source Kubernetes container orchestration system. In fact, Kubernetes has emerged as the key technology -- and even primary platform -- of cloud migrations for a wide variety of organizations. Kubernetes is critical to forward-looking enterprises that continue to push their IT infrastructures toward maximum functionality, scalability, and flexibility.
Today's workforce is trading their cubicles and corporate desktops in favor of an any-location, any-device work style. And as digital natives make up more and more of the modern workforce, the appetite for user-friendly, cloud-based services grows. The center of work is shifting to the user and to the cloud. But managing a proliferation of SaaS, web, and mobile apps running on any number of clouds and devices is unwieldy and increases security risks. Steve Wilson, Citrix Vice President of Cloud,...