NEW YORK, Oct. 6 /PRNewswire/ -- MajescoMastek, the U.S. subsidiary of global technology solutions provider Mastek Limited (NSE: MASTEK), announced today that DAS Canada, part of DAS Group, the global leader in Legal Expense Insurance, has gone live with the STG billing system to support the company's Canadian launch in Ontario, Alberta and British Columbia. This marks MajescoMastek's first billing implementation in Canada.
The STG Billing system will handle all customer payments, broker commissions and financial records associated with insurance brokers' distribution of LEI for DAS Canada. A modernized web-based billing solution, STG Billing was commissioned by DAS Canada on July 5, 2010 and has already resulted in the registration of over 100 brokers. It is anticipated to accommodate DAS Canada's goal to build and lead the legal expense market in Canada through the independent broker channel. The billing system, along with DAS Canada's rate, quote and issue broker portal makes it very easy for DAS to support a large number of customers and brokers efficiently and effectively. Additionally, a significant percentage of customers are expected to elect to pay monthly, resulting in significant billing transaction volumes.
"Utilizing MajescoMastek's STG Billing application will free up DAS Canada's brokers' time, encouraging cross-selling during this pivotal launch," said Mike Dufton, President at MajescoMastek. "Its multifaceted ability to complete customer payments, commissions and financial records in a proficient and timely fashion will in turn become a reflection of DAS Canada's commitment to quick and dependable service."
Being the first company in Canada to specialize in legal expense insurance, DAS was in search of a system that achieved their goals of expanding in a seamless, efficient manner. The capabilities of STG Billing align with DAS Canada's strong principles of implementing projects within parameter, budget and time in addition to providing unparalleled customer service.
"We are very excited about 'going live' with MajescoMastek's STG Billing Solution," said Barbara Haynes, CEO of DAS Canada. "Our goal is to execute customers' policy and billing needs flawlessly while remaining at the forefront of technological innovation within our industry."
About DAS Canada
DAS Canada is a subsidiary of DAS Group, a global leader in the ten billion dollar legal expense insurance market. DAS Group is based in Germany, and is a subsidiary of ERGO, Munich Re's primary insurer in Europe and Asia. DAS Canada is committed to bringing a fresh, modern approach to the marketplace, combining a forward-thinking attitude with almost a century of expertise. A full-service specialist in legal expense insurance, DAS Canada will offer access to affordable justice for individuals, groups and small and mid-sized businesses. For more information, please visit http://www.das.ca
MajescoMastek is part of the Mastek Group, a global provider of innovative technology solutions focused on Life & Annuity carriers, Property & Casualty carriers, Capital Market firms, and the public sector. For over 28 years, we have combined our leading products, people, and processes to drive business impact and competitive advantage. MajescoMastek enables technology enabled business transformation and has a track record of successful implementations.
MajescoMastek uniquely combines its wide intellectual property base, domain expertise, mission-critical program management abilities and complex solutions capabilities to help insurance carriers unlock business value. MajescoMastek delivers proven solutions in core insurance areas including Incentive compensation, producer lifecycle management, billing, policy administration, new business processing and claims. Mastek has over 3200 employees and offices across the globe.
For more information, please visit us on the Web at www.majescomastek.com, or call 1 800 249 9540.
Ashish M. Jha