ClaimVantage
ClaimVantage is an enterprise SaaS claims management platform for Life, Annuity and Health insurers, TPAs, and large employers, specializing in disability, absence, and Integrated Disability Absence Management, built natively on the Salesforce Lightning Platform under Majesco ownership.
- Company typePrivate
- Founded2005
- HeadquartersSandyford, Ireland
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What ClaimVantage does
ClaimVantage is an enterprise claims management platform purpose-built for Life, Annuity and Health (L&AH) insurance, with a particular concentration in disability income, absence, and Integrated Disability Absence Management (IDAM). The product is constructed natively on the Salesforce Lightning Platform as a multi-tenant cloud (SaaS) deployment, exposing APIs that integrate with Salesforce services and the AppExchange ecosystem (DocuSign, EvolutionIQ). Core product surfaces include ClaimVantage Claims for L&AH (the core claims engine) and the IDAM module, with newer additions such as the Agentforce Absence Leave Help Agent (a GenAI conversational assistant for regulatory/compliance research) layered on top of the broader Majesco Copilot GenAI foundation.
The company serves four primary customer segments: L&AH insurers as the primary buyer, third-party administrators (TPAs), large employers managing absence/accommodations against expanding state mandates, and group/voluntary benefit insurers. Its commercial model is enterprise SaaS with quote-based annual pricing, bundled with required Salesforce licenses. Distribution is sales-led, combining direct enterprise field sales with co-sell leverage from the Salesforce Gold ISV partnership and broader marketing under the parent Majesco brand.
ClaimVantage is a privately held product line within Majesco following Majesco's acquisition of the company in March 2023; the firm operates from Sandyford, Ireland, with operational and sales presence aligned to Majesco's US headquarters in Morristown, New Jersey. Pre-acquisition, the company reported 51-100 employees and a single funding round of approximately $2.16M (2017-03-28) from undisclosed investors.
ClaimVantage firmographics
Firmographics- Name
- ClaimVantage
- Legal name
- Unknown - ClaimVantage appears to be a product/brand name under Majesco with no independent legal name identified in source materials.
- Website
- https://claimvantage.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- ClaimVantage is an enterprise SaaS claims management platform for Life, Annuity and Health insurers, TPAs, and large employers, specializing in disability, absence, and Integrated Disability Absence Management, built natively on the Salesforce Lightning Platform under Majesco ownership.
- Ownership category
- akta.pro rank
ClaimVantage industry classification
Industry- Product category
- Insurance Claims Management Software
- NAICS
- Claims Adjusting (524291), Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292), Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Insurance Agents, Brokers & Service (6411), Services-Computer Programming Services (7371)
- akta.pro primary industry
- Claims Management & Digital FNOL Platforms (FSAGAGAC)
- akta.pro secondary industries
- Eligibility, Coverage Verification & Policy Administration Support (BPAAAFAC), Claims Data Capture, Indexing & Document Management (BPAAAFAB)
Keywords
Where ClaimVantage is headquartered
LocationHeadquarters
- HQ city
- Sandyford
- HQ country
- Ireland
- HQ region
- Europe
Offices1 record
Markets served
ClaimVantage business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Subscription (Platform as a Service): Multi-tenant cloud platform delivered as a service, requiring Salesforce licenses. Customers pay for platform access with scalable storage and user licenses.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise SaaS pricing - quote-based |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
ClaimVantage product offering
Product offeringCore offering
ClaimVantage provides an enterprise-grade, cloud-based claims management SaaS platform built natively on the Salesforce Lightning Platform for Life, Annuity and Health (L&AH) insurers, third-party administrators, and large employers. Its core offerings include ClaimVantage Claims for L&AH (streamlined claims processing) and IDAM (Integrated Disability and Absence Management), with AI-driven Agentforce capabilities for compliance guidance and support for state-specific requirements such as Colorado NICU leave and New York PFML.
Product overview
ClaimVantage is an enterprise claims management platform architecture for Life and Health insurance, consisting of the ClaimVantage Claims for L&AH core product and IDAM (Integrated Disability Absence Management) module, both built natively on the Salesforce Lightning Platform. The platform is offered as a multi-tenant cloud-based solution (SaaS) targeting insurers, TPAs, and large employers. AI capabilities are delivered through Majesco Copilot and Agentforce features, including an Absence Leave Help agent for compliance guidance. The solution specializes in disability income products and absence management with expanded support for state-level PFML entitlements.
Differentiator
Problem solved
Functional benefit
Brands
- ClaimVantage Claims for L&AH: Enterprise claims management system for Life & Health insurance that eliminates legacy software issues and transforms claims processing.
- IDAM
Products and services
- ClaimVantage Claims for L&AH Core enterprise claims management solution for Life and Health insurers, built natively on the Salesforce Lightning Platform. Eliminates legacy claims software issues, transforms claims processing with streamlined operations, enhanced collaboration, and profitability through configurable workflows on a multi-tenant cloud platform. Targets L&H insurers, TPAs, and large employers.
- IDAM (Integrated Disability and Absence Management) End-to-end integrated absence and disability management solution built natively on the Salesforce Lightning Platform. Digitally records, tracks, and manages absence and disability for each customer with seamless integration to claims processing, supporting state-specific requirements including Colorado NICU leave and New York PFML entitlements.
Companies that use ClaimVantage
Customer profileSegments4 records
Ideal customer profiles4 records
ClaimVantage technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability6 records
Feature5 records
ClaimVantage partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- EvolutionIQcorePartnership to integrate EvolutionIQ's AI-powered Claims Guidance platform with Majesco's suite of disability insurance claims technology solutions including ClaimVantage Claims for L&H. The integration expands AI-powered claims guidance capabilities for disability insurance lines.
- SalesforcecoreClaimVantage is built natively on Salesforce Lightning Platform. Gold ISV Partner status with established relationships with Salesforce sales representatives worldwide to assist customers in purchasing Salesforce licenses. Solutions benefit from Salesforce's cloud security, multi-factor authentication, and global data center infrastructure.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
ClaimVantage competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
ClaimVantage social profiles
Digital presenceClaimVantage financial estimates
Financial estimateRevenue estimate
Valuation estimate
ClaimVantage leadership team
Management profileNumber of profiles
Profiles5 records
ClaimVantage funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ClaimVantage M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ClaimVantage
What does ClaimVantage do?
ClaimVantage provides an enterprise-grade, cloud-based claims management SaaS platform built natively on the Salesforce Lightning Platform for Life, Annuity and Health (L&AH) insurers, third-party administrators, and large employers. Its core offerings include ClaimVantage Claims for L&AH (streamlined claims processing) and IDAM (Integrated Disability and Absence Management), with AI-driven Agentforce capabilities for compliance guidance and support for state-specific requirements such as Colorado NICU leave and New York PFML.
Is ClaimVantage a public or private company?
ClaimVantage is a private company. It is classified as corporate owned and is currently operating.
When was ClaimVantage founded?
ClaimVantage was founded in 2005. It employs 51 to 100 people.
Where is ClaimVantage based?
ClaimVantage is headquartered in Sandyford, Ireland, in the Europe region.
How does ClaimVantage make money?
One revenue line is on record: saaS Subscription (Platform as a Service).
Does ClaimVantage have an API?
Yes. ClaimVantage provides APIs that tie together the various layers of the Salesforce platform architecture to improve the flow of information across business operations. The APIs enable import and export of all necessary information into the ClaimVantage products, streaming the claims process on one digital platform.
What industry is ClaimVantage in?
ClaimVantage's product category is Insurance Claims Management Software. Its primary akta.pro industry code is FSAGAGAC, Claims Management & Digital FNOL Platforms, with a secondary code of BPAAAFAC, Eligibility, Coverage Verification & Policy Administration Support. Its NAICS code is 524291 and its SIC code is 7370.