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Majesco Policy for L&A vs Vertafore AMS360

Majesco Policy for L&A logo

Majesco Policy for L&A

Software

Modern policy administration for life & annuity

From
On request
Rated
-
Full reviewWebsite
Vertafore AMS360 logo

Vertafore AMS360

Software

Modern agency management for growing agencies

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); Vertafore AMS360 no pricing is published, and the product page states no rate, tier or cost driver
  • They diverge on capability: Majesco Policy for L&A covers Policy administration, Vertafore AMS360 covers Policy management.

Where they differ

Only the attributes on which Majesco Policy for L&A and Vertafore AMS360 actually diverge.

Attributes where Majesco Policy for L&A and Vertafore AMS360 differ
AttributeMajesco Policy for L&AVertafore AMS360
PlatformsWeb, ApiWeb, Windows, Ios, Android
Founded19821969

Identical on both: starting price (On request), 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 Vertafore AMS360

  • Policy management
  • Integrated accounting
  • Real-time carrier downloads
  • Document management
  • Workflow automation
  • Business intelligence
  • Commission management
  • Client portal

Both cover

  • 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 Vertafore AMS360
  • Product developmentnot Vertafore AMS360
  • New business processingnot Vertafore AMS360
  • In-force servicingnot Vertafore AMS360
  • Digital transformationnot Vertafore AMS360

Vertafore AMS360

  • Agency management for insurance brokers, covering policies and clientsnot Majesco Policy for L&A
  • Tracking commissions, renewals and accounting for an insurance agencynot 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)

Vertafore AMS360

  • No pricing is published, and the product page states no rate, tier or cost driver
  • The only route to a figure is a phone call or contact form

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

Vertafore AMS360

On request
  • AMS360$undefined/month
    • Policy management
    • Integrated accounting
    • Real-time downloads
  • AMS360 Plus$undefined/month
    • All AMS360 features
    • Advanced analytics
    • API access

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 Vertafore AMS360 if

  • You need policy management.
  • You work on Web, Windows, Ios, Android.
  • You also want integrated accounting.
Vertafore AMS360 review

Questions people ask

Is Majesco Policy for L&A or Vertafore AMS360 better?
Neither clearly leads. Majesco Policy for L&A starts at On request and Vertafore AMS360 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 Vertafore AMS360?
Majesco Policy for L&A starts at On request and Vertafore AMS360 at On request.
Does Majesco Policy for L&A or Vertafore AMS360 run on more platforms?
Majesco Policy for L&A runs on Web, Api. Vertafore AMS360 runs on Web, Windows, 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 Vertafore AMS360 is typically brought in for.
What can Majesco Policy for L&A do that Vertafore AMS360 cannot?
Majesco Policy for L&A covers Policy administration, Product factory, New business processing, Underwriting workbench. Vertafore AMS360 covers Policy management, Integrated accounting, Real-time carrier downloads, Document management. Both handle SOC2, Data encryption, Cloud deployment, Web support.
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