Compare Sapiens P&C and Agency Matrix - Jun 2022

Shlomi LaviShlomi Lavi / Jun 27, 2022

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Bottom Line: Which is Better - Sapiens P&C or Agency Matrix?

Sapiens P&C is more expensive to implement (TCO) than Agency Matrix, Agency Matrix is rated higher (86/100) than Sapiens P&C (83/100). Agency Matrix offers more features (3) to their users 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 like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. In this article we compare between the 2 software products:

How Sapiens International compares with Agency Matrix?

Sapiens International: Sapiens recently announced that it was recognised as a Leader in Gartners Magic Quadrant for Non-Life Insurance Platforms, Europe.

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...

Who's more expensive? Sapiens P&C or Agency Matrix?

The real total cost of ownership (TCO) of Insurance software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance & support and other related services. When calculating the TCO it's important to add all of these "hidden cost" as well. We prepared a TCO calculator for Sapiens P&C and Agency Matrix.

Sapiens P&C accurate pricing info is available upon request (they don't share it publicly), however , on a scale between 1 to 10 Sapiens P&C is rated 4, which is lower than the average cost of Insurance software. Agency Matrix price starts at $49 per user/month , when comparing Agency Matrix to their competitors, the software is rated 2 - much lower than the average Insurance software cost.

Bottom line: Sapiens P&C is more expensive than Agency Matrix.

Which software includes more/better features?

As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared Sapiens P&C Vs. Agency Matrix based on some of the most important and required Insurance features. Sapiens P&C: Billing & Invoicing, Quoting. Agency Matrix: Data Import/Export, Basic Reports, Online Customer Support.

Target customer size

Sapiens P&C's typical customers include: Small, medium and large size businesses, Agency Matrix is suitable for insurance agents, insurance companies and industries providing financial services.

Sapiens P&C

ITQlick rating
(2.8/5)

Sapiens P&C is an award-winning cloud-based Insurance software, it is designed to support small, medium and large size insurance agencies. Sapiens P&C received a rating of 2.5 from ITQlick team. The software co...

Categories: Billing & Invoicing, Insurance CRM, Claims Management, Insurance Data Management.

Agency Matrix

ITQlick rating
(4.3/5)

starts at $49 per user/month

Agency Matrix is an agency management solution designed to help users by automating most of the burdensome processes associated with their business. Users get every policy, form, endorsement, image, repo...

Categories: CRM, Insurance.

Compare specifications

Compare features

Sapiens P&C: 2 Features

Billing & Invoicing
Quoting

Agency Matrix: 3 Features

Data Import/Export
Basic Reports
Online Customer Support
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Sapiens ...
ITQlick rating
2.8/5
Score
83/100
Pricing
5.4/10
License pricing
Pricing not available
Functionality
9
Compare
Agency M...
ITQlick rating
4.3/5
Score
86/100
Pricing
3.4/10
License pricing
$49 per user/month
Functionality
5
FormFire
ITQlick rating
4.4/5
Score
89/100
Pricing
5/10
License pricing
$399 per month
Functionality
3
Applied ...
ITQlick rating
4.4/5
Score
89/100
Pricing
4.8/10
License pricing
$1,000 per license
Functionality
9
Agentmethods
ITQlick rating
4.2/5
Score
83/100
Pricing
4.6/10
License pricing
$149 per month
Functionality
5
Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.