Compare InsuranceSuite and Applied Epic - Dec 2022

Shlomi Lavi

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Bottom Line: Which is Better - InsuranceSuite or Applied Epic?

InsuranceSuite is more expensive to implement (TCO) than Applied Epic, and Applied Epic is rated higher (89/100) than InsuranceSuite (82/100). Applied Epic offers users more features (2) than InsuranceSuite (1). There is a clear winner in this case and it is Applied Epic!

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:

Guidewire Software Vs. Applied Systems

Guidewire Software: The essential core systems that support the property and casualty insurance lifecycle including underwriting, policy, billing, and claims management—a central source for all critical customer and financial data, rate and product definitions, workflows and business rules, across all lines of business

Applied Systems: Instantly connect with your staff, insureds and insurance partners anytime, anywhere. The connected business of insurance enables digital agencies and insurers to create higher-value business transactions and deliver superior customer experiences throughout the entire insurance lifecycle.

Who is more expensive? InsuranceSuite or Applied Epic?

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 InsuranceSuite and Applied Epic.

InsuranceSuite price starts at $5,000 per user/month , On a scale between 1 to 10 InsuranceSuite is rated 8, which is higher than the average cost of Insurance software. Applied Epic price starts at $1,000 per license , When comparing Applied Epic to its competitors, the software is rated 4 - lower than the average Insurance software cost.

Bottom line: InsuranceSuite is more expensive than Applied Epic.

Which software includes more/better features?

We've compared InsuranceSuite Vs. Applied Epic based on some of the most important and required Insurance features.

InsuranceSuite: Billing & Invoicing.

Applied Epic: Document Management, Contact Management.

Target customer size

InsuranceSuite's typical customers include: Small, medium and large size businesses, and Applied Epic's target customer size include: Small, medium and large size businesses.