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● Pacific Coast Producers, an Oracle JD Edwards EnterpriseOne customer evaluated SAP S/4HANA Cloud

● Florida State University, an Oracle PeopleSoft HCM customer evaluated Workday HCM

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● Becker Industrie, a Microsoft Dynamics AX customer evaluated Microsoft Dynamics 365 F&O

● Washington State University, a Workday Time customer evaluated UKG Pro Timekeeping

● TJX Companies, an Oracle E-Business Suite customer evaluated Workday Financial

● Citigroup, a VestmarkONE customer evaluated BlackRock Aladdin Wealth

● Albertsons, a Procurant One customer evaluated Oracle Procurement Cloud

● Hong Kong Polytechnic University (PolyU) , an Oracle E-Business Suite customer evaluated SAP S/4 HANA

● Ahold Delhaize USA, an Oracle Retail Merchandising customer evaluated SAP Retail Management

● ASGC Group, an Oracle E-Business Suite customer evaluated Oracle Cloud ERP

● Synovus Bank, a Q2 Digital Banking customer evaluated Apiture Digital Banking

● MECCA Australia, a Microsoft Dynamics NAV customer evaluated SAP S/4HANA

● Sunflower Bank, a Fiserv Signature Bank customer evaluated FIS Horizon

● JLG Industries, an Oracle JD Edwards EnterpriseOne customer evaluated Oracle Cloud ERP

Magma General Insurance
Location
Equinox Business Park, Tower 3, 2nd Floor, Unit No. 1B & 2B, LBS Marg, Kurla (West),
Mumbai, 400070,
India
Website
https://www.magmainsurance.com/
Phone
1800 266 3202
Artw industry
Insurance
Employee
Revenue

Magma General Insurance Technographics

Magma General Insurance Software Purchases and Digital Transformation Initiatives

Discover the latest software purchases and digital transformation initiatives being undertaken by Magma General Insurance and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 1800 Magma General Insurance employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.

During our research, we have identified that Magma General Insurance has purchased the following applications: FIS Insurance Statutory Reporter for Analytics and BI in 2023, Amazon EC2 for Application Hosting and Computing Services in 2025, New Relic APM for Application Performance Management in 2020 and the related IT decision-makers and key stakeholders.

Our database provides customer insight and contextual information on which enterprise applications and software systems Magma General Insurance is running and its propensity to invest more and deepen its relationship with FIS Global , Amazon Web Services (AWS) , Microsoft or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.

We have been analyzing Magma General Insurance revenues, which have grown to $397.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Magma General Insurance intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.

Magma General Insurance Data, Technology Stack, and Enterprise Applications
Analytics and BI
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Insight Source
FIS Global Legacy FIS Insurance Statutory Reporter Analytics and BI Analytics and BI n/a 2023 2024 In 2023 Magma General Insurance implemented FIS Insurance Statutory Reporter as part of a broader deployment of FIS Insurance Risk Suite to deliver an end-to-end IFRS 17 compliance solution. The implementation is categorized under Analytics and BI and targeted statutory and financial reporting workloads for the finance and actuarial teams in India. The deployment centralized reporting and accounting capabilities using FIS Insurance Statutory Reporter, with configuration focused on IFRS 17 reporting frameworks, actuarial-to-accounting data connectivity, and consolidated financial output generation. Workstreams included data mapping from actuarial results into accounting ledgers, structured statutory report generation, and retention of audit trails to support regulatory submissions. Operational scope covered finance and actuarial functions, aligning reporting workflows to meet regulatory and statutory reporting requirements in India. The program improved actuarial-to-accounting data connectivity and financial reporting accuracy for finance and actuarial teams, while embedding standardized reporting processes and controls through the FIS Insurance Statutory Reporter implementation.
IaaS
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Insight Source
Amazon Web Services (AWS) Legacy Amazon EC2 Application Hosting and Computing Services IaaS n/a 2025 2025
Application Hosting and Computing Services IaaS 2024 2024
Content Delivery Network IaaS 2020 2020
Content Delivery Network IaaS 2020 2020
Content Delivery Network IaaS 2025 2025
Content Delivery Network IaaS 2025 2025
ITSM
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Insight Source
New Relic Legacy New Relic APM Application Performance Management ITSM n/a 2020 2020
Collaboration
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Insight Source
Collaboration Collaboration 2024 2024
ERP Services and Operations
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Insight Source
Insurance ERP ERP Services and Operations 2024 2024
CyberSecurity
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Insight Source
Secure Sockets Layer (SSL) CyberSecurity 2025 2025
CRM
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Insight Source
Tag Management CRM 2020 2020
Content Management
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Insight Source
Web Content Management Content Management 2025 2025
IT Decision Makers and Key Stakeholders at Magma General Insurance
First Name Last Name Title Function Department Email Phone
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Apps Being Evaluated by Magma General Insurance Executives
Date Company Status Vendor Product Category Market
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FAQ - APPS RUN THE WORLD Magma General Insurance Technographics

Magma General Insurance is a Insurance organization based in India, with around 1800 employees and annual revenues of $397.0 million.

Magma General Insurance operates a diverse technology stack with applications such as FIS Insurance Statutory Reporter, Amazon EC2 and New Relic APM, covering areas like Analytics and BI, Application Hosting and Computing Services and Application Performance Management.

Magma General Insurance has invested in cloud applications and AI-driven platforms to optimize efficiency and growth, collaborating with vendors such as FIS Global, Amazon Web Services (AWS) and New Relic.

Magma General Insurance recently adopted applications including Amazon EC2 in 2025, Amazon CloudFront in 2025 and BitGravity in 2025, highlighting its ongoing modernization strategy.

APPS RUN THE WORLD maintains an up-to-date database of Magma General Insurance’s key decision makers and IT executives, available to Premium subscribers.

Our research team continuously updates Magma General Insurance’s profile with verified software purchases, vendor relationships, and digital initiatives identified from public and proprietary sources.

Subscribe to APPS RUN THE WORLD to access the complete Magma General Insurance technographics profile, including detailed breakdowns by category, vendor, and IT decision makers.