Socotra Connected Core
Connect your products to your agents and policyholders faster
with the industry’s most advanced policy administration system
The only true cloud-native insurance platform, productized with publicly published open APIs and seamless automatic updates. Built to scale as your business grows, Socotra Connected Core accelerates your ability to bring innovative ideas to market while eliminating the inflexibility and expense of customized legacy software. Lower your total cost of ownership and get the control and flexibility needed to compete in today’s insurance market.
Modern technology is no longer an option—it’s a requirement
Connected Core is built for agility, reliability and flexibility. Get robust functionality, speed to market, and operational efficiency with technical stability as you grow into the future.
Deploy with ease and increase operational efficiency
Speed your new and updated products to market, streamline workflows, improve operational response time while reducing overall expense. Take advantage of our simple configuration, open APIs and App MarketPlace that presents off-the-shelf value-add insurance apps and data allowing you to achieve your desired differentiation instantly.
Reliability that puts you in control
Take control with a core platform that is always up-to-date and never takes a break. Proven to support an endless range of insurance products, enable new channels, and seamlessly leverage third party data insights, allowing you to focus on your business, not the technology supporting it.
Get the latest features without delay or business disruption with free, automatic, and continuous upgrades with Socotra’s proven, secure, cloud-native design ready to use on day one.
Stay Competitive with Faster Speed-to-Market and Easy Updates
Flexibility to quickly create, adapt, and grow
Create personal customer experiences and products with Socotra’s flexible data model which supports your ability to launch new and enhance existing insurance products for any line of business, via any distribution channel, in any geography, quickly and cost-effectively. Once built, make seamless product changes in minutes.
Modernize your past and forge your future
Continuously improving living software that keeps getting better to meet your needs today and support your business into the future. Socotra Connected Core technology allows you to run a lean team and easily integrate best-of-breed tech utilizing public and well-documented APIs at docs.socotra.com.
Eliminate Risky Integration Projects
With the configurable, off-the-shelf Socotra Connected Core platform, you’ll get pre-integrated connections to the industry’s best software and data services for a robust policy administration system. Our open APIs and ecosystem of applications eliminate the risk of long and expensive integration projects.
Be Confident and Secure
Our core platform offers built-in encryption for your customer data and end-to-end platform security. Socotra maintains ISO 27001 certification and has SOC1 Type 1 certification; both high standards for information security management systems.
RESOURCES
CASE STUDIES
Every day, dozens of insurers prove that Socotra is the future.
[Socotra’s] core technology is more advanced than other options we evaluated in the marketplace for our digital-focused initiative.
Ted Aerts, COO, MS Amlin Insurance SE
With Socotra, we were able to develop Rollin’ Insurance, a unique customer proposition for comprehensive car insurance in the Australian market, in a short timeframe. The platform is super flexible and low-cost allowing us to continually improve the product and deliver it at a great price to customers.
Phil Wilson-Brown, Executive Manager, IAG Satellite
With Socotra, qualified customers can now purchase term life insurance through an on-line, self-service experience in 25 minutes or less.
Mindi Work, Chief Strategy Officer, Symetra
Our growth is powered by technology, functionality, innovation, and an easy user experience on all devices.
Melissa Becker, Vice President Marketing, Lavalier
Socotra has provided a powerful and reliable policy core to power our modern customer experience, automate processes, and reduce costs. Unlike other core platform providers, Socotra offers open APIs that enable us to easily and seamlessly integrate with third-party data providers, such as Cape Analytics, and our custom-built frontend. In less than six months from kickoff, CoverTree was able to start writing policies in five states and now has plans to expand to additional ones in the coming months.