Compare Vertafore Agency and Agency Matrix - Jul 2022

Shlomi LaviShlomi Lavi / Jul 28, 2022

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Bottom Line: Which is Better - Vertafore Agency or Agency Matrix?

Vertafore Agency is more expensive to implement (TCO) than Agency Matrix, and Agency Matrix is rated higher (86/100) than Vertafore Agency (81/100). Agency Matrix offers users more features (3) than Vertafore Agency (1). 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:

Vertafore, Inc Vs. Agency Matrix

Vertafore, Inc: It’s no secret that technology continues to play a vital role in helping insurance distribution businesses overcome many common challenges—including doing more with less, finding and keeping top-notch producers, connecting agencies and carriers, streamlining and automating processes, and much more. For over 40 years, Vertafore has focused on helpi...

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 is more expensive? Vertafore Agency 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 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 Vertafore Agency and Agency Matrix.

Vertafore Agency accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Vertafore Agency Platform is rated 6, which is similar to the average cost of Insurance software. Agency Matrix price starts at $49 per user/month , When comparing Agency Matrix to its competitors, the software is rated 2 - much lower than the average Insurance software cost.

Bottom line: Vertafore Agency is more expensive than Agency Matrix.

Which software includes more/better features?

We've compared Vertafore Agency Vs. Agency Matrix based on some of the most important and required Insurance features.

Vertafore Agency: Quoting.

Agency Matrix: Data Import/Export, Basic Reports, Online Customer Support.

Target customer size

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

Vertafore Agency

ITQlick rating
(4.7/5)

Vertafore Agency Platform is a growing cloud-based Insurance software, it is designed to support small, medium and large size insurance agencies. Vertafore Agency Platform received a rating of 4.7 from ITQlick ...

Categories: Insurance CRM, Insurance Data Management, Insurance, Configure Price Quote.

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

Vertafore Agency: 1 Features

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
Vertafor...
ITQlick rating
4.7/5
Score
81/100
Pricing
6.2/10
License pricing
Pricing not available
Functionality
6
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

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.