Software · head to head
Bolt Solutions vs Majesco Policy for L&A
Bolt Solutions
Software
Commercial insurance distribution platform
- From
- On request
- Rated
- -
Majesco Policy for L&A
Software
Modern policy administration for life & annuity
- From
- On request
- Rated
- -
The short version
- They diverge on capability: Bolt Solutions covers Commercial quoting, Majesco Policy for L&A covers Policy administration.
Where they differ
Only the attributes on which Bolt Solutions and Majesco Policy for L&A actually diverge.
| Attribute | Bolt Solutions | Majesco Policy for L&A |
|---|---|---|
| Pricing model | transaction | subscription |
| Founded | 2007 | 1982 |
Identical on both: starting price (On request), free tier (No), platforms (Web, Api), 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 Bolt Solutions
- Commercial quoting
- Multi-carrier marketplace
- Instant binding
- Policy issuance
- Carrier connectivity
- Document generation
- Analytics dashboard
- 50+ carriers
Only in Majesco Policy for L&A
- Policy administration
- Product factory
- New business processing
- Underwriting workbench
- In-force management
- Claims processing
- Billing integration
- Majesco ClaimCore
Both cover
- Agent portal
- SOC2
- Data encryption
- Cloud deployment
- Web support
- Api support
What people use each for
The jobs each tool is most often brought in to do.
Bolt Solutions
- Commercial quotingnot Majesco Policy for L&A
- Small business insurancenot Majesco Policy for L&A
- BOP policiesnot Majesco Policy for L&A
- Workers compnot Majesco Policy for L&A
- Multi-carrier accessnot Majesco Policy for L&A
Majesco Policy for L&A
- Policy administrationnot Bolt Solutions
- Product developmentnot Bolt Solutions
- New business processingnot Bolt Solutions
- In-force servicingnot Bolt Solutions
- Digital transformationnot Bolt Solutions
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Bolt Solutions
Nothing recorded yet. See the Bolt Solutions 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
Bolt Solutions
On request- Agent Portal$undefined/month
- Commercial quoting
- Multi-carrier access
- Policy binding
- Enterprise$undefined/custom
- All Agent features
- API access
- White-label options
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 Bolt Solutions if
- You need commercial quoting.
- You work on Web, Api.
- You also want multi-carrier marketplace.
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 Bolt Solutions or Majesco Policy for L&A better?
- Neither clearly leads. Bolt Solutions 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, Bolt Solutions or Majesco Policy for L&A?
- Bolt Solutions starts at On request and Majesco Policy for L&A at On request.
- Does Bolt Solutions or Majesco Policy for L&A run on more platforms?
- Both run on Web, Api, so platform support will not decide this one for you.
- What is Bolt Solutions best used for?
- Bolt Solutions is most often used for commercial quoting, small business insurance, bop policies, workers comp. Of those, commercial quoting and small business insurance are not what Majesco Policy for L&A is typically brought in for.
- What can Bolt Solutions do that Majesco Policy for L&A cannot?
- Bolt Solutions covers Commercial quoting, Multi-carrier marketplace, Instant binding, Policy issuance. Majesco Policy for L&A covers Policy administration, Product factory, New business processing, Underwriting workbench. Both handle Agent portal, SOC2, Data encryption, Cloud deployment.