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Software · head to head

Majesco Policy for L&A vs Shift Technology

Majesco Policy for L&A logo

Majesco Policy for L&A

Software

Modern policy administration for life & annuity

From
On request
Rated
-
Shift Technology logo

Shift Technology

Software

AI-native fraud detection for insurance

From
On request
Rated
-

The short version

  • They diverge on capability: Majesco Policy for L&A covers Policy administration, Shift Technology covers Fraud detection.

Where they differ

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

Attributes where Majesco Policy for L&A and Shift Technology differ
AttributeMajesco Policy for L&AShift Technology
Founded19822014

Identical on both: starting price (On request), pricing model (subscription), 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 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 Shift Technology

  • Fraud detection
  • Claims automation
  • Document intelligence
  • Network analysis
  • Real-time scoring
  • Investigation workbench
  • Predictive analytics
  • Machine learning models

Both cover

  • SOC2
  • ISO27001
  • 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 Shift Technology
  • Product developmentnot Shift Technology
  • New business processingnot Shift Technology
  • In-force servicingnot Shift Technology
  • Digital transformationnot Shift Technology

Shift Technology

  • Fraud detectionnot Majesco Policy for L&A
  • Claims automationnot Majesco Policy for L&A
  • SIU operationsnot Majesco Policy for L&A
  • Subrogationnot Majesco Policy for L&A
  • Underwriting risknot 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)

Shift Technology

Nothing recorded yet. See the Shift Technology 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

Shift Technology

On request
  • Fraud Detection$undefined/year
    • Claims fraud detection
    • Network analysis
    • Real-time scoring
  • Claims Automation$undefined/year
    • Document analysis
    • Automated extraction
    • Workflow automation
  • Enterprise Suite$undefined/year
    • All modules
    • Custom models
    • Global deployment

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 Shift Technology if

  • You need fraud detection.
  • You work on Web, Api.
  • You also want claims automation.

Questions people ask

Is Majesco Policy for L&A or Shift Technology better?
Neither clearly leads. Majesco Policy for L&A starts at On request and Shift Technology 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 Shift Technology?
Majesco Policy for L&A starts at On request and Shift Technology at On request.
Does Majesco Policy for L&A or Shift Technology 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 Shift Technology is typically brought in for.
What can Majesco Policy for L&A do that Shift Technology cannot?
Majesco Policy for L&A covers Policy administration, Product factory, New business processing, Underwriting workbench. Shift Technology covers Fraud detection, Claims automation, Document intelligence, Network analysis. Both handle SOC2, ISO27001, Data encryption, Cloud deployment.

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