Majesco Acquires Utilant LLC
May 20, 2021
Majesco, a global provider of cloud insurance platform software, has acquired Utilant LLC, a U.S.-based InsurTech offering survey management SaaS for loss control and premium audit along with AI/ML data and analytics. The deal adds over 87 Utilant customers to Majesco, and Majesco will launch a new Data and Analytics business unit led by Utilant founder Patrick Davis to accelerate embedded analytics and loss-control capabilities for P&C insurers.
- Buyers
- Majesco
- Targets
- Utilant LLC
- Industry
- Cloud & SaaS
- Location
- New York, United States
- Transaction Type
- Buyout
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