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Majesco Policy for L&A vs Novidea

Majesco Policy for L&A logo

Majesco Policy for L&A

Insurance

Modern policy administration for life & annuity

From
On request
Rated
-
Full reviewWebsite
Novidea logo

Novidea

Insurance

Broker and MGA management platform built natively on Salesforce

From
On request
Rated
-
Full reviewWebsite

The short version

  • 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); Novidea salesforce licences are a separate recurring cost on top of the Novidea subscription, and for a broker with many occasional users that second bill changes the comparison against standalone systems entirely.
  • They diverge on capability: Majesco Policy for L&A covers Policy administration, Novidea covers Native Salesforce architecture.
  • Prices and features above were last checked on 31 August 2026.

Where they differ

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

Attributes where Majesco Policy for L&A and Novidea differ
AttributeMajesco Policy for L&ANovidea
Pricing modelsubscriptionquote
PlatformsWeb, ApiWeb, iOS, Android, API
Founded1982Unknown

Identical on both: starting price (On request), free tier (No), 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
  • Agent portal

Only in Novidea

  • Native Salesforce architecture
  • Placement and submission tracking
  • Multi-currency and multi-entity
  • Commission and revenue management
  • Analytics
  • Client and broker portals

What people use each for

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

Majesco Policy for L&A

  • Policy administrationnot Novidea
  • Product developmentnot Novidea
  • New business processingnot Novidea
  • In-force servicingnot Novidea
  • Digital transformationnot Novidea

Novidea

  • An international broker consolidating offices that each run a different local agency systemnot Majesco Policy for L&A
  • A speciality wholesaler placing non-admitted and Lloyd's business that national agency systems handle poorlynot Majesco Policy for L&A
  • An MGA that needs binder, bordereaux and commission tracking in the same place as the client recordnot Majesco Policy for L&A
  • A broker group that already standardised on Salesforce and does not want a second client databasenot 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)

Novidea

  • Salesforce licences are a separate recurring cost on top of the Novidea subscription, and for a broker with many occasional users that second bill changes the comparison against standalone systems entirely.
  • It is not built around United States personal lines carrier download, so an agency whose daily work depends on automated policy download from dozens of carriers will find the connectivity thin.
  • Because it inherits Salesforce, it also inherits Salesforce administration; you need someone who knows the platform, and that skill is priced by the Salesforce market rather than the insurance market.
  • Implementations involve mapping an existing book with its history into Salesforce objects, and brokers consistently underestimate how much data cleansing that exposes.
  • Salesforce platform changes and release cycles are outside the vendor control, so an upgrade that alters behaviour you depend on arrives on someone else calendar.

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

Novidea

On request
  • Novidea Platform$undefined/year
    • Broker management on Salesforce
    • Placement and revenue tracking
    • Analytics dashboards

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.
Majesco Policy for L&A review

Choose Novidea if

  • You need native salesforce architecture.
  • You work on Web, iOS, Android, API.
  • You also want placement and submission tracking.
Novidea review

Questions people ask

Is Majesco Policy for L&A or Novidea better?
Neither clearly leads. Majesco Policy for L&A starts at On request and Novidea 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 Novidea?
Majesco Policy for L&A starts at On request and Novidea at On request.
Does Majesco Policy for L&A or Novidea run on more platforms?
Majesco Policy for L&A runs on Web, Api. Novidea runs on Web, iOS, Android, API.
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 Novidea is typically brought in for.
What can Majesco Policy for L&A do that Novidea cannot?
Majesco Policy for L&A covers Policy administration, Product factory, New business processing, Underwriting workbench. Novidea covers Native Salesforce architecture, Placement and submission tracking, Multi-currency and multi-entity, Commission and revenue management.

Answered from the vendors’ own pages

Novidea: Do we need to buy Salesforce as well?

Yes. Novidea runs on Salesforce and the underlying platform licences are purchased separately. Include them in every cost comparison.

Novidea: Is it suitable for a United States retail agency?

Only if your book is commercial or speciality. If you depend on personal lines carrier download, an established agency management system is the better fit.

Novidea: What does it replace?

The broker management system and usually a separate CRM, plus the spreadsheets used for commission and receivables tracking.

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