Shlomi Lavi /
Jun 27, 2022
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Bottom Line: Which is Better - Agency Matrix or Sapiens P&C?
Sapiens P&C is more expensive to implement (TCO) than Agency Matrix, and Agency Matrix is rated higher (86/100) than Sapiens P&C (83/100). Agency Matrix offers users more features (3) than Sapiens P&C (2). There is a clear winner in this case and it is Agency Matrix!
Looking for the right Insurance solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:
Agency Matrix Vs. Sapiens International
Agency Matrix: Agency Matrix was the product invention of president and founder, Manual Ochoa. During his many years in the insurance industry in Texas, Manuel’s career evolved from independent agent, to representing several Texas Managing General Agencies, and finally on to software developer. It was in 2005 that a local Texas agent and colleague of Ochoa’s pers...
Sapiens International: Sapiens recently announced that it was recognised as a Leader in Gartners Magic Quadrant for Non-Life Insurance Platforms, Europe.
Who is more expensive? Agency Matrix or Sapiens P&C?
The real total cost of ownership (TCO) of Insurance software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Agency Matrix and Sapiens P&C.
Agency Matrix price starts at $49 per user/month , On a scale between 1 to 10 Agency Matrix is rated 2, which is much lower than the average cost of Insurance software. Sapiens P&C accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Agency Matrix is rated 2, which is much lower than the average cost of Insurance software.
Bottom line: Sapiens P&C is more expensive than Agency Matrix.
Which software includes more/better features?
We've compared Agency Matrix Vs. Sapiens P&C based on some of the most important and required Insurance features.
Agency Matrix: Data Import/Export, Basic Reports, Online Customer Support.
Sapiens P&C: Billing & Invoicing, Quoting.
Target customer size
Agency Matrix is suitable for insurance agents, insurance companies and industries providing financial
services. and Sapiens P&C's target customer size include: Small, medium and large size businesses.