AI premium audit: Majesco vs Insurity vs Bevaya

Choose the part of premium audit to improve

A premium audit compares actual exposure with the information used to calculate the policy premium. Majesco Premium Audit, Insurity Premium Audit, and Bevaya Premium Audit Processing address different parts of that operational job. This comparison focuses on audit selection, document and exposure analysis, and the connection to existing systems, rather than claims assessment or initial underwriting.

Majesco Premium Audit

Majesco Premium Audit combines configurable audit workflows with AI-supported exposure validation and information from its wider loss-control ecosystem. The product covers ordering, assignment, collection, review, and completion across self-audit, phone, physical, virtual, and mail approaches. Role-based views help auditors, processors, underwriters, and operational managers see the work relevant to them. Its intelligence uses exposure, payroll, claims, and contractor information to support policy selection and identify discrepancies that deserve attention. This makes Majesco relevant to a P&C carrier modernizing the audit lifecycle while keeping results connected with policy, billing, and underwriting decisions. The official specification also describes a configurable rules engine for recommending an audit approach based on risk characteristics. Workers compensation, general liability, and commercial auto are named areas of support. Actual rules, external data, and integration scope must fit the carrier’s operation; the broader ecosystem’s scale does not establish a guaranteed premium-recovery result for a particular book.

Insurity Premium Audit

Insurity Premium Audit emphasizes selecting eligible policies, collecting exposure information, and moving completed work through review to billing. Predictive models can identify cases where classifications or exposure estimates deserve attention before an audit is ordered. No-code rules, forms, letters, dashboards, and field applications give the audit organization control over its operating process. Payroll validation is a particularly concrete part of the offering: Insurity describes pulling information from reports produced by more than 130 payroll providers and comparing relevant payroll and tax-document details. Its broader AI presentation also includes assistance for policyholders completing self-audits. This suits carriers whose bottleneck spans both which audits to order and the effort needed to collect and review the evidence. Integration with policy administration is part of the product scope. Provider coverage and available documents should still be checked for the carrier’s actual insured population; an automated discrepancy is an investigation input rather than the final classification decision.

Bevaya Premium Audit Processing

Bevaya Premium Audit Processing is an AI agent working over the carrier’s existing audit and policy systems. It reads payroll reports, tax filings, certificates, and audit worksheets, extracts exposure and classification information, and reconciles facts across the document package. Field-level confidence scores route uncertain values for review, while X-Ray source highlighting lets an auditor inspect where an extracted value came from. The vendor describes configurable autonomy, including review when documents are missing or a premium or class-code change meets a defined threshold. Named destinations include PremiumWare, Visual Software, and Verisk PAAS, with API-based connections to billing and policy systems. This makes Bevaya useful when the audit organization wants to retain its existing system of record but reduce preparation and re-keying. It is a document and workflow automation layer rather than an assumption that the carrier is replacing its full premium audit platform. Connector availability and the exact automated steps require a project-specific definition.

An audit platform or a layer over one?

Majesco and Insurity present broad premium-audit operating environments with selection, assignment, communication, and review functions. Bevaya presents an agent that performs document-heavy work and writes results into systems already in use. A carrier replacing a homegrown audit application should therefore examine the lifecycle scope of Majesco and Insurity first. A carrier satisfied with its audit platform but struggling with document preparation has a more focused reason to evaluate Bevaya. The approaches can overlap through integration, but the implementation and continuing ownership of the audit workflow are different buying decisions.

How each product improves the evidence

Majesco connects exposure validation with broader loss-control and policy information, helping teams choose and interpret audits in context. Insurity emphasizes predictive selection, payroll validation, and configurable processing rules. Bevaya emphasizes reading mixed document packages, reconciling fields, and making exceptions inspectable in the source. For an operations leader expanding audit coverage, Majesco’s and Insurity’s selection and lifecycle functions are relevant. For an auditor spending hours assembling payroll evidence, Bevaya’s extraction and source-level review are more directly aligned. The useful comparison is which information becomes easier to assess, rather than whose broad AI claim sounds most ambitious.

Price the workflow and the document volume

Majesco and Insurity numeric subscription prices, billing intervals, and implementation charges remain unconfirmed. Bevaya describes annual per-agent subscriptions with pooled usage credits, but its current pricing page contains conflicting included-credit totals and inconsistent starting-price presentation. Its effective price and allowances therefore remain unconfirmed until quoted. Credits are also a different unit from users or policies, because a document package may trigger several actions. Compare audit volume, document pages, selected workflows, review access, integrations, and implementation services within the proposed package. No continuing free premium-audit production plan was established for any of the three offerings.

Which should you choose?

Consider Majesco for audits tied to loss-control and exposure intelligence, Insurity for configurable selection and payroll-validation operations, and Bevaya for AI document work within the current stack. Choose according to the part of the audit lifecycle that is constraining the team.