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GLOBAL IQX

AI-driven sales and underwriting workbench for group and voluntary benefits carriers

Core Administration Established Acquired
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Overview

Global IQX is a leading provider of AI-driven sales and underwriting software purpose-built for group and voluntary benefits insurance carriers. Founded in 2000 and headquartered in Ottawa, Canada, the company developed the IQX Platform -- a cloud-native workbench that enables carriers to digitize and automate the full new business lifecycle from quoting and rating through proposal generation, enrollment, and renewal.

In October 2022, Global IQX was acquired by Majesco, a global insurance technology company, to expand Majesco's employee and voluntary benefits capabilities. As part of the Majesco portfolio, Global IQX continues to serve group insurance carriers across North America and internationally.

The IQX Platform is carrier-agnostic, integrating with existing policy administration, billing, and claims systems through a microservices architecture that avoids vendor lock-in. AI-driven guidance and low-code configuration tools allow both sales and underwriting teams to work more efficiently across all group benefit product lines.

Products & Services

IQX Platform (Sales and Underwriting Workbench)

A cloud-native SaaS platform that automates the group insurance new business and renewal lifecycle for carriers of all sizes.

Key Features

  • AI-driven quoting and rating engine with SMART functionality across all group benefit product types
  • Digital proposal generation and delivery to clients and brokers
  • Enrollment automation for group members across all benefit lines
  • Automated renewal workflows to reduce manual processing
  • CRM integration connecting the quoting workbench with carrier CRM systems

Target Users: Group and voluntary benefits insurance carriers (small-group through large-group)

Group Solutions Module

End-to-end processing for group insurance new business and renewals, supporting all benefit product lines.

Key Features

  • Configurable quoting workflows for group life, disability, dental, vision, and voluntary benefits
  • Microservices architecture integrating with existing policy administration and billing systems
  • Low-code configuration tools for non-technical carrier staff
  • Dynamic web pages and contextual AI recommendations to guide underwriters

Target Users: Underwriting and sales operations teams at group insurance carriers