Shlomi Lavi /
Oct 21, 2022
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Bottom Line: Which is Better - Agency Matrix or Sapiens?
Sapiens is more expensive to implement (TCO) than Agency Matrix, and Agency Matrix is rated higher (86/100) than Sapiens (78/100). Both tools offer the same amount of features.
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. StoneRiver
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...
StoneRiver: StoneRiver originated as an ensemble of best-of-breed insurance technology providers. Over the arc of our evolution, our new genetic identity emerged from that rich, diverse foundation. Today, our DNA is admired for its technical intellect, accumulated wisdom, and indestructible business ethic.StoneRiver, Inc. provides comprehensive insurance techn...
Who is more expensive? Agency Matrix or Stream Suite?
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 Stream Suite.
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. Stream Suite 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: Stream Suite is more expensive than Agency Matrix.
Which software includes more/better features?
We've compared Agency Matrix Vs. Sapiens based on some of the most important and required Insurance features.
Agency Matrix: Data Import/Export, Basic Reports, Online Customer Support.
Stream Suite: Billing & Invoicing, Document Management, Quoting.
Target customer size
Agency Matrix is suitable for insurance agents, insurance companies and industries providing financial
services. and Stream Suite's target customer size include: Small, medium and large size businesses.