Instec vs Majesco — Policy administration for US insurance, 2026.
Instec (4 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
- Instec has 4 publicly-named carrier deployments; Majesco has 14. Both at the policy administration layer.
- Zero customer overlap in the public roster. Instec and Majesco are addressing different carriers within the same stack layer.
- Both classified modern on Phidea's generation axis.
- Ownership contrast: Instec is a subsidiary of Insurity; Majesco is PE-owned (Thoma Bravo).
- Analyst coverage: 1 firm cover both, 1 only Instec, 1 only Majesco.
Customer overlap
| Bucket | Count |
|---|---|
| Named on Instec only | 4 |
| Named on Majesco only | 14 |
| Named on both | 0 |
| of which US-named on at least one side | 0 |
Only on Instec
- Hiscox USA (US)
- NIP Group (US)
- NIF Group (US)
- OnPoint Underwriting (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 18sourced carrier-deployment entries across both vendor cards. Aggregate-only statements (e.g. “16 of the top 20”) excluded.
Stack position
Ownership and corporate context
Carrier-segment specialization
Analyst coverage differential
Both covered by
- Insurance Journal · Instec (2021: Insurity Completes Acquisition of Instec) · Majesco (2020: Thoma Bravo Completes Acquisition of Insurance Software Firm Majesco)
Only Instec cited by
- Celent (2019: NIP Group Brings Policy System In-House with Selection of Instec Platform (Celent vendor news coverage))
Only Majesco cited by
- 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
- Instec is positioned as a carrier- and MGA-facing core platform for mid-size commercial P&C and program business, not an agency management system; publicly documented references are program administrators (NIP, NIF, OnPoint) and specialty carriers (Hiscox), not large personal-lines or top-tier national carriers.Source: Insurity
- Instec does not appear as a standalone profiled vendor in Celent's headline XCelent P&C policy administration awards cycles (North America 2023/2025), which have gone to Guidewire and other enterprise vendors; Celent's public coverage of Instec is concentrated in vendor-news items and its directory listing rather than Luminary-tier rankings.Source: Celent
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 Instec and Majesco?
- Not in Phidea's public roster. Across 18 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 Instec and Majesco?
- Instec is a subsidiary of Insurity. Majesco is PE-owned (Thoma Bravo).
- Which has more named US carriers?
- Majesco has the larger publicly-named US roster: Instec 4, 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. Instec replaces legacy policy admin, in house rating engine; Majesco operates as a standalone vendor.