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MajescoMastek Introduces Producer Self-Service Portal

MajescoMastek introduces Producer Self-Service Portal, which extends vendor's Elixir Distribution Management offering to facilitate Internet communication and collaboration among agents, broker/dealers and carriers.

To facilitate producer/carrier communications, MajescoMastek, the New York-based U.S. subsidiary of global technology solutions provider Mastek Limited, introduced the Elixir Distribution Management Producer Self-Service Portal (EDM Producer Portal), an extension and enhancement to the vendor's Elixir Distribution Management (EDM) offering. As with other MajescoMastek solutions, EDM, including the EDM Producer Portal, is a web-based offering, enabling it to be delivered through traditional software licensing or via a private cloud option.

EDM, with the new Producer Portal, is available for immediate delivery and for use as a standalone solution, with MajescoMastek's Elixir North America Policy Administration System, or with the STG Suite of products. EDM and the Producer Portal can be used by both P&C and life/annuity insurers to increase distribution channel productivity and enhance the relationship between producers and the carriers they represent, according to the vendor.

The Producer Portal is designed to allow producers to communicate with carriers on all aspects of their business, and provides Internet connectivity from any location and via any device, including mobile. Features of the EDM Producer Portal include:

  • Close integration with MajescoMastek's Elixir Distribution Management (EDM).
  • An end-to-end online experience for producer and management, including graphical views of performance, portfolio, and compensation; production and commission tracking; appointments and reminders to manage day-to-day activity.
  • Three different views/access points designed for the unique user experience and requirements of agency, agent/producer and management.
  • Seamless plug-in to existing portal enterprises.
  • "As mobile devices become more prevalent and a new generation of producer joins the workforce, the demand for carriers to deliver anywhere, anytime information and functionality is only going to increase," commented Erik Stockwell, MajescoMastek's senior vice president, in a press release.

    [You can learn more about the role portals are playing in insurers' distribution strategies, as well as other key trends in multi-channel distribution, by attending Insurance & Technology’s upcoming Virtual Event, "The Future of Multi-Channel Distribution," on Thursday, March 1. To learn more about the program's presentations, sponsors and resources and to register, visit the Virtual Event site.]

    Katherine Burger is Editorial Director of Bank Systems & Technology and Insurance & Technology, members of UBM TechWeb's InformationWeek Financial Services. She assumed leadership of Bank Systems & Technology in 2003 and of Insurance & Technology in 1991. In addition to ... View Full Bio

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