Quick Overview
- 1#1: Guidewire InsuranceSuite - Comprehensive end-to-end platform for policy administration, claims management, billing, and analytics in property and casualty insurance.
- 2#2: Duck Creek OnDemand - Cloud-native insurance suite handling policy, claims, billing, and reinsurance with strong configurability.
- 3#3: Sapiens CoreSuite - Digital insurance platform supporting the full policy lifecycle across life, P&C, and reinsurance.
- 4#4: EIS Suite - API-first core system for policy administration, claims, and digital engagement in insurance.
- 5#5: Majesco P&C Insurance Platform - Cloud-based ERP solution for P&C insurance covering policy, claims, and financials.
- 6#6: OneShield Dragon - Modular platform for policy administration, claims processing, and reporting in insurance operations.
- 7#7: Insuresoft FireLight - Policy administration system optimized for commercial P&C lines with integrated quoting and endorsements.
- 8#8: Ebix iSure - Integrated insurance ERP for policy management, claims, and agency portals across multiple lines.
- 9#9: Oracle Insurance Policy Administration - Scalable policy and claims system integrated with Oracle's broader ERP for enterprise insurance needs.
- 10#10: SAP for Insurance - ERP system with insurance-specific modules for finance, policy lifecycle, and compliance management.
We ranked these tools based on industry-specific feature depth, user experience, technical quality, and overall value, focusing on platforms that excel in integration, adaptability, and support for modern insurance workflows.
Comparison Table
Insurance operations demand efficient enterprise resource planning (ERP) software, and this comparison table examines top solutions including Guidewire InsuranceSuite, Duck Creek OnDemand, Sapiens CoreSuite, EIS Suite, Majesco P&C Insurance Platform, and more. By exploring features, scalability, and industry alignment across these tools, readers can gain clarity to select the right platform for their organization’s specific needs in areas like claims management, policy administration, or data integration.
| # | Tool | Category | Overall | Features | Ease of Use | Value |
|---|---|---|---|---|---|---|
| 1 | Guidewire InsuranceSuite Comprehensive end-to-end platform for policy administration, claims management, billing, and analytics in property and casualty insurance. | enterprise | 9.4/10 | 9.8/10 | 7.9/10 | 8.7/10 |
| 2 | Duck Creek OnDemand Cloud-native insurance suite handling policy, claims, billing, and reinsurance with strong configurability. | enterprise | 9.2/10 | 9.5/10 | 8.1/10 | 8.7/10 |
| 3 | Sapiens CoreSuite Digital insurance platform supporting the full policy lifecycle across life, P&C, and reinsurance. | enterprise | 9.1/10 | 9.5/10 | 8.2/10 | 8.7/10 |
| 4 | EIS Suite API-first core system for policy administration, claims, and digital engagement in insurance. | enterprise | 8.4/10 | 9.2/10 | 7.6/10 | 8.0/10 |
| 5 | Majesco P&C Insurance Platform Cloud-based ERP solution for P&C insurance covering policy, claims, and financials. | enterprise | 8.7/10 | 9.2/10 | 8.1/10 | 8.4/10 |
| 6 | OneShield Dragon Modular platform for policy administration, claims processing, and reporting in insurance operations. | enterprise | 8.2/10 | 8.6/10 | 7.9/10 | 8.0/10 |
| 7 | Insuresoft FireLight Policy administration system optimized for commercial P&C lines with integrated quoting and endorsements. | specialized | 8.2/10 | 8.7/10 | 7.9/10 | 8.0/10 |
| 8 | Ebix iSure Integrated insurance ERP for policy management, claims, and agency portals across multiple lines. | enterprise | 7.8/10 | 8.4/10 | 6.9/10 | 7.5/10 |
| 9 | Oracle Insurance Policy Administration Scalable policy and claims system integrated with Oracle's broader ERP for enterprise insurance needs. | enterprise | 8.7/10 | 9.4/10 | 7.2/10 | 8.1/10 |
| 10 | SAP for Insurance ERP system with insurance-specific modules for finance, policy lifecycle, and compliance management. | enterprise | 7.8/10 | 8.7/10 | 6.5/10 | 7.2/10 |
Comprehensive end-to-end platform for policy administration, claims management, billing, and analytics in property and casualty insurance.
Cloud-native insurance suite handling policy, claims, billing, and reinsurance with strong configurability.
Digital insurance platform supporting the full policy lifecycle across life, P&C, and reinsurance.
API-first core system for policy administration, claims, and digital engagement in insurance.
Cloud-based ERP solution for P&C insurance covering policy, claims, and financials.
Modular platform for policy administration, claims processing, and reporting in insurance operations.
Policy administration system optimized for commercial P&C lines with integrated quoting and endorsements.
Integrated insurance ERP for policy management, claims, and agency portals across multiple lines.
Scalable policy and claims system integrated with Oracle's broader ERP for enterprise insurance needs.
ERP system with insurance-specific modules for finance, policy lifecycle, and compliance management.
Guidewire InsuranceSuite
enterpriseComprehensive end-to-end platform for policy administration, claims management, billing, and analytics in property and casualty insurance.
Unified data model that seamlessly integrates policy, claims, billing, and analytics for real-time insights and operational agility
Guidewire InsuranceSuite is a comprehensive, cloud-native platform designed specifically for property and casualty (P&C) insurance carriers, offering integrated applications like PolicyCenter for policy administration, ClaimCenter for claims management, BillingCenter for billing, and Illustra for analytics. It enables insurers to streamline core operations, enhance customer experiences through digital channels, and leverage AI-driven insights for better decision-making. The suite supports end-to-end processes from quoting and underwriting to claims adjudication and reinsurance, all built on a unified data model for scalability and compliance.
Pros
- Comprehensive end-to-end coverage of P&C insurance processes with deep industry-specific functionality
- Highly configurable and scalable cloud architecture supporting rapid innovation and integrations
- Robust analytics, AI, and low-code tools for customization and operational efficiency
Cons
- Complex implementation requiring significant time and expertise (often 12-24 months)
- Steep learning curve for users due to extensive customization options
- Premium pricing may be prohibitive for smaller insurers
Best For
Large and mid-sized P&C insurance carriers seeking a market-leading, unified platform to modernize operations and drive digital transformation.
Pricing
Custom enterprise licensing based on policies/users; implementations typically range from $5M+ with ongoing subscription fees.
Duck Creek OnDemand
enterpriseCloud-native insurance suite handling policy, claims, billing, and reinsurance with strong configurability.
Cloud-native low-code configuration engine enabling insurers to deploy custom products in weeks without extensive coding
Duck Creek OnDemand is a cloud-native SaaS platform tailored for property and casualty (P&C) insurance carriers, offering comprehensive ERP functionalities including policy administration, claims management, billing, and reinsurance. It enables insurers to streamline operations, accelerate time-to-market with configurable low-code tools, and scale efficiently in the cloud. The solution supports complex rating engines, digital engagement, and analytics to drive digital transformation in the insurance sector.
Pros
- Highly configurable low-code/no-code platform for rapid customization
- Robust scalability and proven performance for enterprise insurers
- Seamless integration with third-party systems and strong analytics
Cons
- High implementation and subscription costs
- Steep learning curve for advanced configurations
- Primarily optimized for P&C, less flexible for life/health lines
Best For
Mid-to-large P&C insurance carriers seeking a scalable, cloud-based ERP to modernize operations and accelerate product launches.
Pricing
Custom enterprise SaaS pricing, typically starting at $200K+ annually based on users, policies, and modules.
Sapiens CoreSuite
enterpriseDigital insurance platform supporting the full policy lifecycle across life, P&C, and reinsurance.
Low-code CoreSuite Studio for drag-and-drop configuration of complex insurance processes without heavy coding
Sapiens CoreSuite is a comprehensive, low-code insurance platform suite designed for end-to-end management of property & casualty, life, pensions, annuities, and reinsurance operations. It streamlines policy administration, claims processing, billing, and customer engagement with modular, cloud-native components that support digital transformation. Leveraging AI and analytics, it enables insurers to configure solutions rapidly, reduce time-to-market, and scale across global enterprises.
Pros
- Highly modular low-code platform for rapid customization across multiple insurance lines
- Robust AI-driven analytics and automation for claims and underwriting
- Scalable cloud deployment with strong integration capabilities for legacy systems
Cons
- Complex initial implementation requiring significant consulting resources
- Steep learning curve for full low-code utilization without training
- Opaque custom pricing that can be prohibitive for mid-sized insurers
Best For
Enterprise-level insurers and carriers undergoing digital transformation in P&C, life, or multi-line operations seeking a unified, scalable ERP platform.
Pricing
Custom enterprise SaaS pricing, typically starting at $500K+ annually based on modules, users, and deployment scale.
EIS Suite
enterpriseAPI-first core system for policy administration, claims, and digital engagement in insurance.
Product Factory for model-driven, code-free configuration of insurance products across lines of business
EIS Suite is a robust insurance policy administration system (PAS) from EIS Group, designed to manage the full policy lifecycle including quoting, underwriting, issuance, endorsements, renewals, billing, and claims for P&C, life, health, and annuity lines. It leverages a model-driven architecture for rapid product configuration and deployment without extensive coding. The platform supports digital transformation with omnichannel servicing, analytics, and integrations to third-party systems.
Pros
- Highly configurable Product Factory enables no-code product development and quick market launches
- Scalable for multi-line, multi-channel operations with strong support for complex rating and rules engines
- Proven track record with over 100 insurers globally, offering deep insurance-specific functionality
Cons
- Steep learning curve due to its model-driven complexity, requiring skilled administrators
- Lengthy and costly implementation timelines for enterprise deployments
- Pricing is opaque and premium, better suited for larger organizations
Best For
Mid-to-large insurers seeking a flexible, future-proof PAS for multi-line products and digital servicing.
Pricing
Custom enterprise licensing; quote-based starting at $500K+ annually depending on modules, users, and deployment scale.
Majesco P&C Insurance Platform
enterpriseCloud-based ERP solution for P&C insurance covering policy, claims, and financials.
Contextual Policy Modeling for rapid, low-code creation and deployment of complex insurance products
Majesco P&C Insurance Platform is a cloud-native SaaS solution tailored for Property & Casualty (P&C) insurers, offering end-to-end core system capabilities including policy administration, claims management, billing, reinsurance, and digital engagement. It enables rapid product innovation through low-code configuration and contextual modeling, while integrating AI-driven analytics for better decision-making. The platform supports scalability for mid-to-large insurers seeking digital transformation in a competitive market.
Pros
- Comprehensive P&C-specific modules covering policy, claims, billing, and reinsurance in a unified platform
- Cloud-native architecture with low-code tools for fast product deployment and customization
- Strong AI/ML analytics and digital self-service capabilities for customer engagement
Cons
- Primarily focused on P&C, limiting versatility for multi-line insurers
- Enterprise-level pricing may be prohibitive for smaller carriers
- Initial implementation can require significant configuration time
Best For
Mid-to-large P&C insurance carriers aiming to modernize core operations and accelerate digital product launches.
Pricing
Custom enterprise subscription pricing, typically starting at $500K+ annually based on carrier size and modules.
OneShield Dragon
enterpriseModular platform for policy administration, claims processing, and reporting in insurance operations.
Low-code Dragon Rules Engine for rapid, no-code policy and product configuration
OneShield Dragon is a cloud-native, SaaS-based insurance core system platform designed primarily for property & casualty (P&C) insurers, offering integrated modules for policy administration, billing, claims management, reinsurance, and product development. It leverages a low-code, model-driven architecture to enable rapid configuration and deployment without extensive custom coding. As a robust ERP-like solution, it supports multi-line, multi-channel operations while ensuring regulatory compliance and scalability for growing carriers.
Pros
- Highly configurable low-code platform accelerates product launches and customizations
- Comprehensive end-to-end insurance suite with strong P&C focus and reinsurance capabilities
- Cloud-based scalability supports mid-sized to enterprise carriers with reliable uptime
Cons
- Steep learning curve for initial setup and advanced configurations
- Pricing lacks transparency and can be costly for smaller insurers
- Limited out-of-box support for life & health lines compared to P&C
Best For
Mid-sized P&C insurance carriers seeking a flexible, configurable core system for multi-product operations without heavy reliance on developers.
Pricing
Enterprise subscription-based SaaS pricing starting at $100K+ annually, customized based on users, modules, and volume; quotes required.
Insuresoft FireLight
specializedPolicy administration system optimized for commercial P&C lines with integrated quoting and endorsements.
Low-code policy configuration engine enabling rapid product launches without extensive coding
Insuresoft FireLight is a cloud-native ERP platform tailored for Property & Casualty (P&C) insurance carriers, offering comprehensive policy administration, claims management, billing, and reinsurance capabilities. It enables rapid deployment through low-code configuration tools and supports seamless integrations with third-party systems via robust APIs. The solution focuses on digital transformation, providing agent portals, customer self-service, and real-time analytics to streamline insurance operations.
Pros
- Highly configurable low-code engine for P&C policy forms
- Scalable cloud architecture with strong API integrations
- Modern digital portals for agents and policyholders
Cons
- Steeper learning curve for advanced customizations
- Primarily focused on P&C, less versatile for other lines
- Implementation can take 6-12 months for full rollout
Best For
Mid-sized P&C insurance carriers looking to modernize legacy systems with a configurable, SaaS-based ERP.
Pricing
Custom quote-based pricing, typically annual contracts starting at $100K+ depending on modules, users, and premium volume.
Ebix iSure
enterpriseIntegrated insurance ERP for policy management, claims, and agency portals across multiple lines.
Advanced reinsurance management with automated treaty processing and ceding calculations
Ebix iSure is a comprehensive insurance ERP platform from Ebix, designed for carriers, brokers, MGAs, and agents across life, health, P&C, and specialty lines. It provides end-to-end automation for policy administration, claims processing, billing, reinsurance, CRM, and analytics. The solution emphasizes scalability, digital distribution, and compliance with global regulations, enabling insurers to manage operations efficiently.
Pros
- Extensive modular coverage for core insurance processes like policy lifecycle and claims
- Strong scalability and multi-tenant architecture for enterprise growth
- Robust integration capabilities with third-party systems and digital channels
Cons
- Complex interface with a steep learning curve for new users
- Customization requires significant development effort
- Customer support response times can be inconsistent
Best For
Mid-to-large insurance carriers and brokers seeking a scalable, all-in-one ERP with global compliance features.
Pricing
Custom enterprise pricing, typically starting at $50,000+ annually depending on modules, users, and deployment (SaaS or on-premise).
Oracle Insurance Policy Administration
enterpriseScalable policy and claims system integrated with Oracle's broader ERP for enterprise insurance needs.
Product Factory for low-code configuration of complex insurance products across lines of business
Oracle Insurance Policy Administration is a comprehensive, cloud-based policy administration system designed for property & casualty (P&C), life, and annuity insurers. It manages the full policy lifecycle, from quoting and issuance to servicing, renewals, billing, and claims processing. Integrated with Oracle's broader ERP and analytics suite, it enables scalable operations with automation and AI-driven insights for efficient insurance ERP workflows.
Pros
- Robust scalability for enterprise-level volumes and multi-line support
- Deep integration with Oracle Cloud ERP, analytics, and CRM tools
- Advanced automation, rules engine, and AI capabilities for policy configuration
Cons
- Complex and lengthy implementation requiring significant customization
- High upfront and ongoing costs unsuitable for small insurers
- Steep learning curve for users without Oracle ecosystem experience
Best For
Large insurance carriers needing a scalable, integrated policy administration platform within the Oracle ecosystem.
Pricing
Custom enterprise licensing, typically $500K+ annually for mid-sized deployments, based on users, transactions, and modules.
SAP for Insurance
enterpriseERP system with insurance-specific modules for finance, policy lifecycle, and compliance management.
SAP Line-of-Business (LoB) accelerators with embedded AI for insurance-specific processes like automated underwriting and claims adjudication
SAP for Insurance is an enterprise-grade ERP solution tailored for the insurance industry, providing end-to-end capabilities for policy administration, claims management, reinsurance, actuarial services, and financials across life, property & casualty, and health lines of business. Built on the SAP S/4HANA platform, it offers real-time analytics, AI-driven insights for risk assessment and fraud detection, and seamless integration with broader SAP ecosystem tools. It emphasizes regulatory compliance, scalability for global operations, and digital transformation to streamline complex insurance processes.
Pros
- Highly scalable for multinational insurers with robust handling of complex workflows
- Advanced AI and analytics for predictive modeling, fraud detection, and compliance reporting
- Deep integration with SAP finance, HR, and supply chain modules for unified operations
Cons
- Steep implementation timeline and high upfront costs often exceeding six figures
- Complex interface with significant training required for users
- Less agile than modern insurtech SaaS alternatives for smaller firms
Best For
Large-scale insurance carriers and reinsurers needing comprehensive, integrated ERP for global operations and regulatory demands.
Pricing
Quote-based enterprise licensing; typically $100,000+ annually for cloud deployments, scaling to millions based on users, modules, and customization.
Conclusion
The reviewed tools showcase strong capabilities across policy, claims, and financial management, with Guidewire InsuranceSuite emerging as the top choice, offering a comprehensive end-to-end platform for property and casualty insurance. Duck Creek OnDemand stands out as a cloud-native, highly configurable option, ideal for those prioritizing flexibility, while Sapiens CoreSuite impresses with its digital-first approach, supporting diverse lines of insurance. Each tool addresses unique needs, ensuring there is a fitting solution for various operational scales and requirements.
Begin your journey with Guidewire InsuranceSuite to experience industry-leading efficiency, or explore Duck Creek OnDemand or Sapiens CoreSuite to find a platform tailored to your specific insurance operations.
Tools Reviewed
All tools were independently evaluated for this comparison