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Applied Epic vs Majesco Policy for L&A

Applied Epic logo

Applied Epic

Software

The most connected agency management system

From
On request
Rated
-
Majesco Policy for L&A logo

Majesco Policy for L&A

Software

Modern policy administration for life & annuity

From
On request
Rated
-

The short version

  • They diverge on capability: Applied Epic covers Policy management, Majesco Policy for L&A covers Policy administration.

Where they differ

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

Attributes where Applied Epic and Majesco Policy for L&A differ
AttributeApplied EpicMajesco Policy for L&A
PlatformsWeb, Windows, Ios, AndroidWeb, Api
Founded19831982

Identical on both: starting price (On request), pricing model (subscription), free tier (No), user rating (Not yet rated), category (Unknown).

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 Applied Epic

  • Policy management
  • Client management
  • Commission tracking
  • Document management
  • Real-time carrier downloads
  • Workflow automation
  • Accounting integration
  • Mobile access

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

  • SOC2
  • ISO27001
  • Data encryption
  • Cloud deployment

What people use each for

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

Applied Epic

  • Agency managementnot Majesco Policy for L&A
  • Policy administration
  • Commission managementnot Majesco Policy for L&A
  • Client servicingnot Majesco Policy for L&A
  • Carrier connectivitynot Majesco Policy for L&A

Majesco Policy for L&A

  • Policy administration
  • Product developmentnot Applied Epic
  • New business processingnot Applied Epic
  • In-force servicingnot Applied Epic
  • Digital transformationnot Applied Epic

Both are used for policy administration, on those jobs the choice comes down to price and fit rather than capability.

Where each one falls short

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

Applied Epic

Nothing recorded yet. See the Applied Epic review.

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

Applied Epic

On request
  • Applied Epic$undefined/month
    • Policy management
    • Commission tracking
    • Client portal
  • Enterprise$undefined/month
    • Everything in Standard
    • Advanced analytics
    • Custom integrations

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 Applied Epic if

  • You need policy management.
  • You work on Web, Windows, Ios, Android.
  • You also want client management.

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 Applied Epic or Majesco Policy for L&A better?
Neither clearly leads. Applied Epic starts at On request 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, Applied Epic or Majesco Policy for L&A?
Applied Epic starts at On request and Majesco Policy for L&A at On request.
Does Applied Epic or Majesco Policy for L&A run on more platforms?
Applied Epic runs on Web, Windows, Ios, Android. Majesco Policy for L&A runs on Web, Api.
What is Applied Epic best used for?
Applied Epic is most often used for agency management, policy administration, commission management, client servicing. Of those, agency management and commission management are not what Majesco Policy for L&A is typically brought in for.
What can Applied Epic do that Majesco Policy for L&A cannot?
Applied Epic covers Policy management, Client management, Commission tracking, Document management. Majesco Policy for L&A covers Policy administration, Product factory, New business processing, Underwriting workbench. Both handle SOC2, ISO27001, Data encryption, Cloud deployment.

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