Software · head to head
Guidewire PolicyCenter vs Majesco Policy for L&A
Guidewire PolicyCenter
Software
Core system for policy administration
- From
- On request
- Rated
- -
Majesco Policy for L&A
Software
Modern policy administration for life & annuity
- From
- On request
- Rated
- -
The short version
- Each has a real cost: Guidewire PolicyCenter pricing is not published; sold by quote through a sales process; 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: Guidewire PolicyCenter covers Policy lifecycle management, Majesco Policy for L&A covers Policy administration.
Where they differ
Only the attributes on which Guidewire PolicyCenter and Majesco Policy for L&A actually diverge.
| Attribute | Guidewire PolicyCenter | Majesco Policy for L&A |
|---|---|---|
| Pricing model | quote | subscription |
| Platforms | Web | Web, Api |
| Founded | 2001 | 1982 |
Identical on both: starting price (On request), 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 Guidewire PolicyCenter
- Policy lifecycle management
- Rating engine
- Product model framework
- Forms management
- Reinsurance management
- Multi-line support
- Real-time quoting
- Guidewire ClaimCenter
Only in Majesco Policy for L&A
- Policy administration
- Product factory
- New business processing
- In-force management
- Claims processing
- Billing integration
- Agent portal
- Majesco ClaimCore
Both cover
- Underwriting workbench
- SOC2
- ISO27001
- Data encryption
- Cloud deployment
What people use each for
The jobs each tool is most often brought in to do.
Guidewire PolicyCenter
- Policy administration
- Underwritingnot Majesco Policy for L&A
- Product configurationnot Majesco Policy for L&A
- Rate managementnot Majesco Policy for L&A
Majesco Policy for L&A
- Policy administration
- Product developmentnot Guidewire PolicyCenter
- New business processingnot Guidewire PolicyCenter
- In-force servicingnot Guidewire PolicyCenter
- Digital transformationnot Guidewire PolicyCenter
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.
Guidewire PolicyCenter
- Pricing is not published; sold by quote through a sales process
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
Guidewire PolicyCenter
On requestNo published plan breakdown. See the Guidewire PolicyCenter review.
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 Guidewire PolicyCenter if
- You need policy lifecycle management.
- You also want rating engine.
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 Guidewire PolicyCenter or Majesco Policy for L&A better?
- Neither clearly leads. Guidewire PolicyCenter 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, Guidewire PolicyCenter or Majesco Policy for L&A?
- Guidewire PolicyCenter starts at On request and Majesco Policy for L&A at On request.
- Does Guidewire PolicyCenter or Majesco Policy for L&A run on more platforms?
- Guidewire PolicyCenter runs on Web. Majesco Policy for L&A runs on Web, Api.
- What is Guidewire PolicyCenter best used for?
- Guidewire PolicyCenter is most often used for policy administration, underwriting, product configuration, rate management. Of those, underwriting and product configuration are not what Majesco Policy for L&A is typically brought in for.
- What can Guidewire PolicyCenter do that Majesco Policy for L&A cannot?
- Guidewire PolicyCenter covers Policy lifecycle management, Rating engine, Product model framework, Forms management. Majesco Policy for L&A covers Policy administration, Product factory, New business processing, In-force management. Both handle Underwriting workbench, SOC2, ISO27001, Data encryption.