Socotra Reviews & Product Details

Serving one of the world’s largest and most technologically neglected industries, Socotra’s mission is to provide insurers with a modern, flexible, enterprise-grade core system that enables them to rapidly develop and distribute products that better serve their customers. Socotra brings unparalleled speed, flexibility, and choice to give insurers more control over their business. With Socotra’s complete insurance solutions, global insurers and insurtech MGAs can accelerate product development, reduce costs, and improve customer experiences. Socotra provides open APIs, a product-agnostic data model, and out-of-the-box capabilities to manage the entire policy lifecycle, making insurance innovation faster, easier, and more affordable. Socotra’s powerful data model and extensible API-driven architecture empowers insurers to prototype, launch, and update insurance products quickly and easily. The Socotra platform, Socotra Connected Core, is built from the ground-up using the latest technologies to be transparent, reliable, flexible, and secure. It is continuously evolving living software that keeps getting better. No customization of code is needed: Connected Core is ready out-of-the-box for product configuration and deploys with ease and speed. Socotra also provides the first cloud-native app marketplace for insurers, Socotra App Marketplace, reducing integrations from months to minutes. With Socotra App MarketPlace insurers can instantly expand their capabilities while gaining the agility needed to compete in the dynamic insurance industry.