Majesco — Merger or Acquisition (December 2014)
15 slides from Majesco's merger presentation, Dec 15, 2014
Slide 1: Investor & Analyst Presentation
Investor & Analyst Presentation Majesco Dec. 15, 2014 Majesco 1
Slide 2: Cautionary Statement Regarding Forward-Looking Statements
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS Certain statements in this communication regarding the proposed merger of Cover-All with and into Majesco, including any statements regarding the expected timetable for completing the transaction, benefits and synergies of the transaction, fu
Slide 3: Additional Information and Where You Can Find It
ADDITIONAL INFORMATION AND WHERE YOU CAN FIND IT In connection with the proposed transaction between Cover-All and Majesco, Cover-All and Majesco intend to file relevant materials with the SEC, including a Registration Statement on Form S-4 to be filed by Majesco that will include a proxy statement
Slide 4: Cover-All Technologies to merge with Majesco
The Announcement Cover-All Technologies to merge with Majesco • Complements Majesco’s software and services business with: • Strong commercial lines policy administration system for carriers using ISO and NCCI • Bureau content update services • Data warehousing & business intelligence solution • Cov
Slide 5: Majesco – Poised for Growth in Insurance Technology
Majesco – Poised for Growth in Insurance Technology • 7 out of the top 25# US P&C insurance carriers are customers • Growing customer base: approximately 100 insurance customers in all tiers and segments of insurance industry • Size, Scale & Momentum: 100 – Over $80 million* in revenue (2014) – Over
Slide 6: About Cover-All Technologies
About Cover-All Technologies $20M 150+ 30+ $20M Global Insurance IT Professionals for Customers R&D Investment in last 5 Revenues Insurance years (Pro-forma 2014)* (Dec. 2014) (Dec. 2014) (2008 – 13) • Morristown, NJ based insurance software company • Offerings include: • Commercial Lines focused Po
Slide 7: About Agile Technologies' Insurance Business
About Agile Technologies’ Insurance Business $9M 50+ 20+ 1997 Annual Insurance Professionals for Customers Revenues Insurance (Pro-forma 2014) (Dec. 2014) (Dec. 2014) Year Founded • Bridgewater, NJ based consulting firm focused on providing consulting services to the insurance industry in North Amer
Slide 8: Insurance – Once in a Generation Transformation Opportunity
Insurance – Once in a Generation Transformation Opportunity Global industry premiums around $4.6 trillion* Complex legacy core systems On the threshold of once in a generation system modernization cycle Insurers across all tiers looking to replace core operating systems Insurers embracing the digita
Slide 9: Competition View
Competition View Fragmented Market with Over 50 Solution Providers in North America 2 Larger Competitors No solution provider has all of: • Singular vertical focus • Core software suite for Life & P&C Insurance • Domain rich content • Business Intelligence & Analytics • Large consulting and servicin
Slide 10: Majesco Enables Technology Transformation for Insurance Carriers
Majesco Enables Technology Transformation for Insurance Carriers Agents Home Third Service Insured Office Parties Ecosystem Payment Social Mobile Gateway Digital Assets Portals Media Apps Output forms CRM Core Policy AP/GL Billing Claims Distribution Rating Modules Admin IVR Reporting Content Servic
Slide 11: Cover-All & Agile Bring Greater Value to Majesco's Investments
Cover-All & Agile Bring Greater Value to Majesco’s Investments Agents Home Third Service Insured Office Parties Ecosystem Payment Social Mobile Gateway Digital Assets Portals Media Apps Output forms CRM Core Policy AP/GL Billing Claims Distribution Rating Modules Admin IVR Reporting Content Services
Slide 12: Drivers of Growth for the Merged Entity
Drivers of Growth for the Merged Entity Over $100M Over 150 33 NYSE MKT Listed Public Global Insurance Company Customers Years in Business Revenues# Cross sale opportunities of products and services across 150+ customers New Sale: New Sales in all segments, all tiers across all lines of the insuranc
Slide 13: Proposed Timeline
Proposed Timeline DEC – 14 JAN -15 FEB - 15 MAR - 15 APR – 15 MAY – 15 JUNE – 15 JULY – 15 SIGNING OF MERGER AGREEMENT S-4 FILING / REVIEW S-4 EFFECTIVENESS MM REORGANIZATION INDIA HIGH COURT APPROVALS COVR SHAREHOLDER PROXY VOTE COVR SHAREHOLDER APPROVAL NYSE MKT APPROVAL OF MAJESCO LISTING COMMENC
Slide 14: Merged Entity – Legal Entity Structure
Merged Entity – Legal Entity Structure Majesco (US) Majesco Software & Vector US Solutions – US Majesco Canada Majesco Malaysia# Cover-All Systems (90%) (100%) (100%) (100%) (100%) Majesco UK Majesco Thailand# (100%) (100%) Majesco Software & Solutions India (100%) • Upon NYSE MKT approval and the c
Slide 15: Thank You
THANK YOU Majesco 15