Insurance · head to head
Majesco Policy for L&A vs Bolt Solutions
Majesco Policy for L&A
Insurance
Modern policy administration for life & annuity
- From
- On request
- Rated
- -
Bolt Solutions
Insurance
Commercial insurance distribution platform
- From
- On request
- Rated
- -
The short version
- They diverge on capability: Majesco Policy for L&A covers Policy administration, Bolt Solutions covers Commercial quoting.
Where they differ
Only the attributes on which Majesco Policy for L&A and Bolt Solutions actually diverge.
| Attribute | Majesco Policy for L&A | Bolt Solutions |
|---|---|---|
| Pricing model | subscription | transaction |
| Founded | 1982 | 2007 |
Identical on both: starting price (On request), free tier (No), platforms (Web, Api), 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 Majesco Policy for L&A
- Policy administration
- Product factory
- New business processing
- Underwriting workbench
- In-force management
- Claims processing
- Billing integration
- Majesco ClaimCore
Only in Bolt Solutions
- Commercial quoting
- Multi-carrier marketplace
- Instant binding
- Policy issuance
- Carrier connectivity
- Document generation
- Analytics dashboard
- 50+ carriers
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.
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
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
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)
Bolt Solutions
Nothing recorded yet. See the Bolt Solutions review.
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
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
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 Bolt Solutions if
- You need commercial quoting.
- You work on Web, Api.
- You also want multi-carrier marketplace.
Questions people ask
- Is Majesco Policy for L&A or Bolt Solutions better?
- Neither clearly leads. Majesco Policy for L&A starts at On request and Bolt Solutions at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Majesco Policy for L&A or Bolt Solutions?
- Majesco Policy for L&A starts at On request and Bolt Solutions at On request.
- Does Majesco Policy for L&A or Bolt Solutions run on more platforms?
- Both run on Web, Api, so platform support will not decide this one for you.
- 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 Bolt Solutions is typically brought in for.
- What can Majesco Policy for L&A do that Bolt Solutions cannot?
- Majesco Policy for L&A covers Policy administration, Product factory, New business processing, Underwriting workbench. Bolt Solutions covers Commercial quoting, Multi-carrier marketplace, Instant binding, Policy issuance. Both handle Agent portal, SOC2, Data encryption, Cloud deployment.