phidea

EIS Group vs Majesco — Policy administration for US insurance, 2026.

EIS Group (12 named carriers) and Majesco (14 named carriers) both sit at the policy administration layer. Zero customer overlap in the public roster — they are addressing different segments of the same stack layer.

Last verified 2026-04-22 · methodology

TL;DR

  • EIS Group has 12 publicly-named carrier deployments; Majesco has 14. Both at the policy administration layer.
  • Zero customer overlap in the public roster. EIS Group and Majesco are addressing different carriers within the same stack layer.
  • Both classified modern on Phidea's generation axis.
  • Both private-equity ownership.
  • Analyst coverage: 0 firms cover both, 3 only EIS Group, 2 only Majesco.

Customer overlap

BucketCount
Named on EIS Group only12
Named on Majesco only14
Named on both0
of which US-named on at least one side0

Only on EIS Group

  • CSAA Insurance Group (US)
  • Desjardins General Insurance Group (CA)
  • AIG Canada (CA)
  • Tokio Marine & Nichido Fire (JP)
  • Liberty Mutual Benefits (US)
  • Wellfleet Insurance (US)
  • Industrial Alliance Auto and Home (CA)
  • AMI Insurance (NZ)
  • Atlantic American Employee Benefits (US)
  • Renaissance Life & Health Insurance Company of America (US)
  • Reliance Standard (US)
  • Tower Insurance (US)

Only on Majesco

  • Chubb (US)
  • Munich Re (DE)
  • Swiss Re (CH)
  • State Farm (US)
  • Liberty Mutual (US)
  • Great American Insurance (US)
  • Allstate (US)
  • QBE (AU)
  • OpenRoad Insurance (US)
  • US Assure (US)
  • Utica National Insurance Group (US)
  • Physicians Mutual (US)
  • …and 2 more on the vendor card.

Counts derived from 26sourced carrier-deployment entries across both vendor cards. Aggregate-only statements (e.g. “16 of the top 20”) excluded.

Stack position

Generation
modern
Stack layer
Policy administration
Founded
2008
Lines
auto, home, commercial, life, health
Generation
modern
Stack layer
Policy administration
Founded
1982
Lines
auto, home, commercial, life, health

Ownership and corporate context

EIS Group
Type
private-equity
Parent
TPG (growth investor)
Acquired
2021

Source: TPG

Majesco
Type
private-equity
Parent
Thoma Bravo
Acquired
2020
Deal value
$729M

Source: Insurance Journal

Carrier-segment specialization

EIS Group — geographic split

  • US
    7
  • CA
    3
  • JP
    1
  • NZ
    1

Majesco — geographic split

  • US
    11
  • DE
    1
  • CH
    1
  • AU
    1

Analyst coverage differential

Only EIS Group cited by
  • Celent (2025: Celent 2025 P&C Policy Administration Systems Report — EIS named Technology Standout (NA and EMEA))
  • Gartner (2021: Gartner Magic Quadrant for Life Insurance Policy Administration Systems, North America — EIS positioned as a Leader)
  • TPG (2021: Insurance Technology Leader EIS Announces Growth Investment of More than $100 Million from TPG)
Only Majesco cited by
  • Insurance Journal (2020: Thoma Bravo Completes Acquisition of Insurance Software Firm Majesco)
  • Thoma Bravo (2021: How Majesco Brings The Speed of Private Equity to Transform The Insurance Business)

Recent news (last 12 months)

No news items in the last 12 months for either tool.

Sourced limitations

  • Many EIS customer references are hosted on EIS's own site or blog rather than third-party case studies. AIG Canada and AMI Insurance are traceable to Celent Model Insurer write-ups; Desjardins, CSAA, Tokio Marine, Wellfleet and Liberty Mutual Benefits references originate from EIS press releases and case studies. Absolute customer count and revenue are not publicly disclosed.
    Source: EIS Group

No publicly-sourced limitations recorded on the vendor card yet.

Limitations published on Phidea are sourced to the underlying citation and reflect what is publicly named — not an exhaustive list. Consult the vendor card for the full record.

Frequently asked

Do any carriers run both EIS Group and Majesco?
Not in Phidea's public roster. Across 26 sourced carrier-deployment entries on both vendor cards, zero carriers appear on both. The two tools are addressing different carriers within the same stack layer.
Who owns EIS Group and Majesco?
EIS Group is PE-owned (TPG (growth investor)). Majesco is PE-owned (Thoma Bravo).
Which has more named US carriers?
Majesco has the larger publicly-named US roster: EIS Group 7, Majesco 11. Public-roster size is a coverage signal, not a quality signal — vendors with stronger NDAs may have larger actual US footprints than the public count shows.
Where are these tools positioned in the insurance stack?
Both sit at the policy administration layer. EIS Group operates as a standalone vendor; Majesco operates as a standalone vendor.

Adjacent reading