Announcing Socotra’s 2020 Partners of the Year Awards

We are excited to announce Socotra’s 2020 Partners of the Year, an annual recognition of partners who have gone above and beyond in their implementation of the Socotra platform, driving digital transformation for the insurance industry.

As the core system of choice for today’s insurers, Socotra has teamed up with a number of organizations to assist in the delivery and implementation of our platform. Our flexible product model and extensible architecture simplify cross-collaborative projects and empower systems integrators, digital agencies, and insurers to make, launch, and update insurance products with ease. Two of our implementation partners stood out this year as examples of excellence in leveraging Socotra to drive digital transformation on behalf of our customers.

Partner of the Year—Enterprise Solutions 

This category recognizes our global systems integrator partners, who work with the world’s largest insurers across the entire operational and technology value chain.

WINNER: ERNST & YOUNG (EY)

EY is a global leader in assurance, tax, transaction, and advisory services. EY has trained more members of its team on Socotra than any other partner in this category, with over 200 Socotra certified professionals. EY and Socotra have teamed on several products for large insurers, including the Nationwide Spire launch, in which we collaborated closely on integrations within the DEP/iNexus platform. EY implemented the entire Socotra policy administration suite to help launch Nationwide’s new digital-first insurance product in a matter of months. The accelerated launch resulted in a 50% reduction of implementation costs for Nationwide.

Partner of the Year—Digital Agency

This category recognizes small-to-medium-sized agencies focused on agile, front-of-the-house technology solutions for insurers (including consumer and mobile portals or applications, customer service portals and applications, and broker/agent portals and applications).

WINNER: EXPANDTHEROOM (ETR)

New York-based ExpandTheRoom works with marketing and IT product teams to design customer-centric strategies and digital products. ETR is a long-time Socotra partner with experience across several implementations, including an ongoing implementation with a tier-one insurer. ETR’s creative and development team has continued to demonstrate deep knowledge of how the Socotra platform and other modern technologies can help solve business challenges for insurers of all sizes.

“I am proud to recognize the winners of the Socotra 2020 Partner of the Year Awards,” said Ekine Akuiyibo, Socotra’s VP of Business Development and Deployments. “EY and ETR have gone above and beyond in helping drive digital transformation for our customers, and have been exemplary in how they leveraged Socotra to do so. We appreciate having such strong partners, and look forward to our continued collaboration into 2021.”