Softwr

Insurance · head to head

AgencyZoom vs Majesco Policy for L&A

AgencyZoom logo

AgencyZoom

Insurance

Unified agency management and brokerage platform

From
$249/month
Rated
-
Majesco Policy for L&A logo

Majesco Policy for L&A

Insurance

Modern policy administration for life & annuity

From
On request
Rated
-

The short version

  • Each has a real cost: AgencyZoom starts at $149 a month for independent agencies, rising to $349 for the Pro tier; Majesco Policy for L&A majesco Policy for L&A and Group publishes no price on its own brochure page; the entire page is built around "Request a Demo" and "Contact Us" links with no figure, tier name, or trial length given anywhere (archived brochure page, 18 May 2021)
  • They diverge on capability: AgencyZoom covers Policy management, Majesco Policy for L&A covers Policy administration.

Where they differ

Only the attributes on which AgencyZoom and Majesco Policy for L&A actually diverge.

Attributes where AgencyZoom and Majesco Policy for L&A differ
AttributeAgencyZoomMajesco Policy for L&A
Starting price$249/monthOn request
PlatformsWeb, Ios, AndroidWeb, Api
Founded20091982

Identical on both: pricing model (subscription), free tier (No), user rating (Not yet rated), category (Insurance).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in AgencyZoom

  • Policy management
  • Integrated accounting
  • Client management
  • Reporting
  • Document management
  • Carrier downloads
  • Client portal
  • Mobile app

Only in Majesco Policy for L&A

  • Policy administration
  • Product factory
  • New business processing
  • Underwriting workbench
  • In-force management
  • Claims processing
  • Billing integration
  • Agent portal

Both cover

  • Data encryption
  • Cloud deployment
  • Web support

What people use each for

The jobs each tool is most often brought in to do.

AgencyZoom

  • Lead management and prospecting for insurance agenciesnot Majesco Policy for L&A
  • Automated follow-up and winback campaignsnot Majesco Policy for L&A
  • Producer goal tracking and commission calculationnot Majesco Policy for L&A
  • Collecting Google reviews from policyholdersnot Majesco Policy for L&A
  • Multi-location management for captive agency groupsnot Majesco Policy for L&A

Majesco Policy for L&A

  • Policy administrationnot AgencyZoom
  • Product developmentnot AgencyZoom
  • New business processingnot AgencyZoom
  • In-force servicingnot AgencyZoom
  • Digital transformationnot AgencyZoom

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

AgencyZoom

  • Starts at $149 a month for independent agencies, rising to $349 for the Pro tier
  • All plans include up to 7 user seats and extra seats require contacting sales
  • Zapier, Google Reviews and two-way email and texting need the Growth tier at $199 a month
  • AgencyHR, the service centre and events automation are Pro only
  • Integrating with an agency management system may cost extra depending on the system

Majesco Policy for L&A

  • Majesco Policy for L&A and Group publishes no price on its own brochure page; the entire page is built around "Request a Demo" and "Contact Us" links with no figure, tier name, or trial length given anywhere (archived brochure page, 18 May 2021)

Pricing, plan by plan

AgencyZoom

$249/month
  • Professional$249/month
    • Policy management
    • Accounting
    • Client management

Majesco Policy for L&A

On request
  • Cloud Platform$undefined/year
    • Policy administration
    • Product configuration
    • New business processing
  • Enterprise$undefined/year
    • All Cloud features
    • Advanced underwriting
    • Custom integrations

Which should you pick?

Choose AgencyZoom if

  • You need policy management.
  • You work on Web, Ios, Android.
  • You also want integrated accounting.

Choose Majesco Policy for L&A if

  • You need policy administration.
  • You work on Web, Api.
  • You also want product factory.

Questions people ask

Is AgencyZoom or Majesco Policy for L&A better?
Neither clearly leads. AgencyZoom starts at $249/month and Majesco Policy for L&A at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, AgencyZoom or Majesco Policy for L&A?
AgencyZoom starts at $249/month and Majesco Policy for L&A at On request.
Does AgencyZoom or Majesco Policy for L&A run on more platforms?
AgencyZoom runs on Web, Ios, Android. Majesco Policy for L&A runs on Web, Api.
What is AgencyZoom best used for?
AgencyZoom is most often used for lead management and prospecting for insurance agencies, automated follow-up and winback campaigns, producer goal tracking and commission calculation, collecting google reviews from policyholders. Of those, lead management and prospecting for insurance agencies and automated follow-up and winback campaigns are not what Majesco Policy for L&A is typically brought in for.
What can AgencyZoom do that Majesco Policy for L&A cannot?
AgencyZoom covers Policy management, Integrated accounting, Client management, Reporting. Majesco Policy for L&A covers Policy administration, Product factory, New business processing, Underwriting workbench. Both handle Data encryption, Cloud deployment, Web support.

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