Majesco vs Sapiens — Policy administration for US insurance, 2026.
Majesco (14 named carriers) and Sapiens (9 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 2026-04-21 · methodology
TL;DR
- Majesco has 14 publicly-named carrier deployments; Sapiens has 9. Both at the policy administration layer.
- Zero customer overlap in the public roster. Majesco and Sapiens 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, 2 only Majesco, 2 only Sapiens.
Customer overlap
| Bucket | Count |
|---|---|
| Named on Majesco only | 14 |
| Named on Sapiens only | 9 |
| Named on both | 0 |
| of which US-named on at least one side | 0 |
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.
Only on Sapiens
- Just Group (UK)
- Tokio Marine Highland (US)
- Tokio Marine Management (US)
- Philadelphia Insurance Companies (US)
- L&T General Insurance (IN)
- DirectAsia.com (SG)
- Hiscox (US)
- BHSF (US)
- HGR (US)
Counts derived from 24sourced carrier-deployment entries across both vendor cards. Aggregate-only statements (e.g. “16 of the top 20”) excluded.
Stack position
Ownership and corporate context
Sapiens
- Type
- private-equity
- Parent
- Advent International
- Acquired
- 2025
- Deal value
- $2,500M
Source: Times of Israel
Carrier-segment specialization
Analyst coverage differential
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)
Only Sapiens cited by
- Times of Israel (2025: Israeli insurance software provider Sapiens to be bought by US firm for $2.5b)
- Wikipedia (2024: Sapiens International Corporation)
Recent news (last 12 months)
No news items in the last 12 months for either tool.
Sourced limitations
No publicly-sourced limitations recorded on the vendor card yet.
- Sapiens's customer base of 600+ is cited in aggregate on the vendor's own site; individually named carrier case studies exist per product line but are not consolidated in a single authoritative source. Traction score on this fiche therefore reflects aggregate rather than per-carrier verification.Source: Sapiens
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 Majesco and Sapiens?
- Not in Phidea's public roster. Across 23 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 Majesco and Sapiens?
- Majesco is PE-owned (Thoma Bravo). Sapiens is PE-owned (Advent International).
- Which has more named US carriers?
- Majesco has the larger publicly-named US roster: Majesco 11, Sapiens 6. 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. Majesco operates as a standalone vendor; Sapiens operates as a standalone vendor.