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Insurance · head to head

Majesco vs Verisk

Majesco logo

Majesco

Insurance

Insurance software for digital transformation

From
On request
Rated
-
Full reviewWebsite
Verisk logo

Verisk

Insurance

Insurance data, ISO forms and rating content that most American P&C products are built on

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Majesco majesco publishes no price anywhere on its own site for any product line, including its cloud CloudInsurer platform, Digital1st insurance platform, and Majesco Policy for L&A and Group; every path leads only to "Request a Demo" or "Contact Us" (archived brochure page, 18 May 2021); Verisk the ISO content has no real substitute for a carrier writing standard lines, so renewal negotiations start from a position where walking away is not credible.
  • They diverge on capability: Majesco covers Digital engagement platform, Verisk covers ISO forms and rating content.
  • Prices and features above were last checked on 31 August 2026.

Where they differ

Only the attributes on which Majesco and Verisk actually diverge.

Attributes where Majesco and Verisk differ
AttributeMajescoVerisk
Pricing modelsubscriptionquote
PlatformsWeb, Ios, AndroidWeb, API, Windows
Founded1992Unknown

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

  • Digital engagement platform
  • Policy administration
  • Billing
  • Analytics
  • Customer portal
  • Mobile capabilities
  • API platform
  • Workflow automation

Only in Verisk

  • ISO forms and rating content
  • ClaimSearch
  • Extreme event models
  • Property data
  • Xactimate
  • Underwriting analytics

What people use each for

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

Majesco

  • Digital transformationnot Verisk

Verisk

  • A carrier filing standard commercial lines products that must use recognised forms and loss costsnot Majesco
  • A claims organisation checking submitted claims against the industry database for prior activitynot Majesco
  • A property insurer pricing catastrophe exposure for reinsurance placementnot Majesco
  • An MGA that needs bureau content without building and filing proprietary forms in every statenot Majesco

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Majesco

  • Majesco publishes no price anywhere on its own site for any product line, including its cloud CloudInsurer platform, Digital1st insurance platform, and Majesco Policy for L&A and Group; every path leads only to "Request a Demo" or "Contact Us" (archived brochure page, 18 May 2021)

Verisk

  • The ISO content has no real substitute for a carrier writing standard lines, so renewal negotiations start from a position where walking away is not credible.
  • Pricing is negotiated separately per product and per line, and large insurers routinely find overlapping agreements across underwriting, claims and actuarial that nobody had counted together.
  • Circular updates to forms and loss costs must be loaded into your policy system on a schedule, which is recurring work that carriers with older platforms do partly by hand.
  • The breadth of the portfolio means account management is spread across product teams, so a problem in one service does not necessarily get attention from the people selling you another.
  • Usage-based components such as data prefill and claims searches make annual spend hard to forecast, and the variance lands in the year you grow fastest.

Pricing, plan by plan

Majesco

On request
  • Platform$undefined/month
    • Digital engagement
    • Policy administration
    • Analytics

Verisk

On request
  • Verisk Insurance Solutions$undefined/year
    • ISO forms and loss cost licensing
    • Data and analytics services by line
    • API access

Which should you pick?

Choose Majesco if

  • You need digital engagement platform.
  • You work on Web, Ios, Android.
  • You also want policy administration.
Majesco review

Choose Verisk if

  • You need iso forms and rating content.
  • You work on Web, API, Windows.
  • You also want claimsearch.
Verisk review

Questions people ask

Is Majesco or Verisk better?
Neither clearly leads. Majesco starts at On request and Verisk at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Majesco or Verisk?
Majesco starts at On request and Verisk at On request.
Does Majesco or Verisk run on more platforms?
Majesco runs on Web, Ios, Android. Verisk runs on Web, API, Windows.
What is Majesco best used for?
Majesco is most often used for digital transformation. Of those, digital transformation is not what Verisk is typically brought in for.
What can Majesco do that Verisk cannot?
Majesco covers Digital engagement platform, Policy administration, Billing, Analytics. Verisk covers ISO forms and rating content, ClaimSearch, Extreme event models, Property data.

Answered from the vendors’ own pages

Verisk: Can a carrier avoid ISO content entirely?

Only by developing and filing proprietary forms and rates, which a handful of large insurers do. For everyone else the filing and legal cost of independence exceeds the licence.

Verisk: Is Xactimate part of Verisk?

Yes. It came with the Xactware acquisition and is the dominant property claims estimating tool in North America, used by carriers and by the contractors they pay.

Verisk: Did Verisk sell off businesses?

Yes. It divested non-insurance units including its energy research business in 2023 and refocused on insurance data and analytics.

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