Software · head to head
Majesco Policy for L&A vs Bold Penguin
Majesco Policy for L&A
Software
Modern policy administration for life & annuity
- From
- On request
- Rated
- -
The short version
- Only Bold Penguin has a free tier, so it costs nothing to try first.
- Each has a real cost: 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); Bold Penguin sold to brokers, carriers and MGAs rather than to the businesses buying insurance
- They diverge on capability: Majesco Policy for L&A covers Policy administration, Bold Penguin covers Multi-carrier quoting.
Where they differ
Only the attributes on which Majesco Policy for L&A and Bold Penguin actually diverge.
| Attribute | Majesco Policy for L&A | Bold Penguin |
|---|---|---|
| Starting price | On request | Free |
| Pricing model | subscription | transaction |
| Free tier | No | Yes |
| Platforms | Web, Api | Web, Ios, Android |
| Founded | 1982 | 2019 |
Identical on both: 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 Majesco Policy for L&A
- Policy administration
- Product factory
- New business processing
- Underwriting workbench
- In-force management
- Claims processing
- Billing integration
- Agent portal
Only in Bold Penguin
- Multi-carrier quoting
- Instant quotes
- Online binding
- Customer portal
- Commission tracking
- Mobile app
- API access
- Reporting
Both cover
- Data encryption
- Cloud deployment
- Web support
What people use each for
The jobs each tool is most often brought in to do.
Majesco Policy for L&A
- Policy administrationnot Bold Penguin
- Product developmentnot Bold Penguin
- New business processingnot Bold Penguin
- In-force servicingnot Bold Penguin
- Digital transformationnot Bold Penguin
Bold Penguin
- Routing and triaging commercial insurance submissionsnot Majesco Policy for L&A
- Automating submission to bind through the Terminal platformnot Majesco Policy for L&A
- Handling complex middle market submissions with SubmissionLinknot Majesco Policy for L&A
- Policy checking with ClauseLinknot Majesco Policy for L&A
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
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)
Bold Penguin
- Sold to brokers, carriers and MGAs rather than to the businesses buying insurance
- Pricing is not published
Pricing, plan by plan
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
Bold Penguin
Free- Broker AccessFree
- Multi-carrier quotes
- Instant quoting
- Commission tracking
Which should you pick?
Choose Majesco Policy for L&A if
- You need policy administration.
- You work on Web, Api.
- You also want product factory.
Choose Bold Penguin if
- You need multi-carrier quoting.
- You want to start without paying.
- You work on Web, Ios, Android.
- You also want instant quotes.
Questions people ask
- Is Majesco Policy for L&A or Bold Penguin better?
- Neither clearly leads. Majesco Policy for L&A starts at On request and Bold Penguin at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Majesco Policy for L&A or Bold Penguin?
- Bold Penguin has a free tier; the other does not. Paid plans start at On request for Majesco Policy for L&A and Free for Bold Penguin.
- Does Majesco Policy for L&A or Bold Penguin run on more platforms?
- Majesco Policy for L&A runs on Web, Api. Bold Penguin runs on Web, Ios, Android.
- Can I use Bold Penguin for free?
- Yes. Bold Penguin has a free tier, so you can try it without paying. Majesco Policy for L&A starts at On request.
- What is Majesco Policy for L&A best used for?
- Majesco Policy for L&A is most often used for policy administration, product development, new business processing, in-force servicing. Of those, policy administration and product development are not what Bold Penguin is typically brought in for.
- What can Majesco Policy for L&A do that Bold Penguin cannot?
- Majesco Policy for L&A covers Policy administration, Product factory, New business processing, Underwriting workbench. Bold Penguin covers Multi-carrier quoting, Instant quotes, Online binding, Customer portal. Both handle Data encryption, Cloud deployment, Web support.