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Majesco Policy for L&A vs Splice Software

Majesco Policy for L&A logo

Majesco Policy for L&A

Software

Modern policy administration for life & annuity

From
On request
Rated
-
Full reviewWebsite
Splice Software logo

Splice Software

Software

Digital transformation for insurance agents

From
$149/month
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); Splice Software pricing is not published; the site says pricing fits your budget without stating any figure
  • They diverge on capability: Majesco Policy for L&A covers Policy administration, Splice Software covers Client portal.

Where they differ

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

Attributes where Majesco Policy for L&A and Splice Software differ
AttributeMajesco Policy for L&ASplice Software
Starting priceOn request$149/month
PlatformsWeb, ApiWeb, Ios, Android
Founded19822015

Identical on both: pricing model (subscription), 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 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 Splice Software

  • Client portal
  • Policy management
  • Document management
  • Communication tools
  • Task automation
  • Client engagement tracking
  • Mobile app
  • Analytics dashboard

Both cover

  • CRM platforms
  • SOC2
  • 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 Splice Software
  • Product developmentnot Splice Software
  • New business processingnot Splice Software
  • In-force servicingnot Splice Software
  • Digital transformationnot Splice Software

Splice Software

  • Automated outbound customer messaging across voice, text and emailnot Majesco Policy for L&A
  • Personalised policy and renewal notifications for insurersnot Majesco Policy for L&A
  • Opt-in and consent management for outbound contactnot Majesco Policy for L&A
  • Automated surveys after a customer interactionnot 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)

Splice Software

  • Pricing is not published; the site says pricing fits your budget without stating any figure
  • Sold mainly into insurance and regulated industries, and much of its value comes from integrations with systems like Duck Creek, Majesco and EZLynx

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

Splice Software

$149/month
  • Core$149/month
    • Client portal
    • Policy management
    • Document sharing
  • Professional$349/month
    • All Core features
    • Advanced analytics
    • Carrier integrations

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 Splice Software if

  • You need client portal.
  • You work on Web, Ios, Android.
  • You also want policy management.
Splice Software review

Questions people ask

Is Majesco Policy for L&A or Splice Software better?
Neither clearly leads. Majesco Policy for L&A starts at On request and Splice Software at $149/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Majesco Policy for L&A or Splice Software?
Majesco Policy for L&A starts at On request and Splice Software at $149/month.
Does Majesco Policy for L&A or Splice Software run on more platforms?
Majesco Policy for L&A runs on Web, Api. Splice Software runs on Web, Ios, Android.
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 Splice Software is typically brought in for.
What can Majesco Policy for L&A do that Splice Software cannot?
Majesco Policy for L&A covers Policy administration, Product factory, New business processing, Underwriting workbench. Splice Software covers Client portal, Policy management, Document management, Communication tools. Both handle CRM platforms, SOC2, Data encryption, Cloud deployment.
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