Majesco announced Ambac Financial Group Inc. selected Majesco Policy for P&C, Majesco Billing for P&C and Majesco Digital1st® on Majesco Cloud Platform to provide a modern foundation for its insurance distribution division, Cirrata Group. Ambac Financial Group is a financial services holding company headquartered in New York City. Its Cirrata Group division is dedicated to providing Specialty P&C Managing General Agencies/Underwriters with advanced technology, analytics, and services to grow.

One area of focus for Cirrata Group is to create an advanced underwriting workbench that delivers a consistent, unified user experience to MGAs. Majesco Digital1st® will rapidly deliver an intelligent, insight-driven solution to enhance underwriting efficiency and profitability, portfolio optimization, and create greater transparency and collaboration with MGAs and brokers.