Pennsylvania Lumbermens Mutual Insurance Company (PLM) has adopted Majesco’s Property Intelligence solution to advance its risk management strategy and underwriting processes.
The integration of Majesco Property Intelligence aims to enhance PLM’s underwriting capabilities by providing real-time AI-driven insights for property risk assessments. This solution delivers expanded data, including detailed roof condition information, directly improving decision-making. This move expands upon PLM’s existing successful use of Majesco Loss Control, Self-Survey, and Guide Stream digital inspection tools, aiming to elevate its risk management and loss control operations.
Keith Palmieri, Chief Revenue Officer at Majesco, commented, “Insurers are demanding sharper insights and deeper intelligence to effectively assess risks, and Property Intelligence delivers exactly that. PLM is a prime example of a carrier embracing innovation to drive risk resilience, strengthen underwriting, and enhance customer value.”Erin Selfe, Senior Vice President of Information Technology at PLM, added, “Property Intelligence demonstrates our shift to proactive and predictive risk management. We are leveraging Artificial Intelligence (AI) via Majesco’s tools to rapidly uncover, quantify, and act on risk to create greater risk resiliency for our customers and PLM, without needing to hire an AI expert on staff.”By embedding Property Intelligence into its operations, PLM intends to reduce risk blind spots, accelerate risk assessment, and reinforce its position in delivering proactive risk protection and resiliency to customers. This adoption aligns with Majesco’s strategy of providing insurers with next-generation, data-driven intelligent solutions designed to foster agility, precision, and competitive advantage within the industry. Majesco is a provider of cloud-native, AI-driven software for the P&C and L&AH insurance industry, offering SaaS solutions across core, underwriting, loss control, distribution, and digital functions.