Trusted by more InsurTechs than any other core platform.
From the largest insurers to new entrants, innovators choose Socotra.
Instant access. Open APIs. Continuous and zero-cost upgrades. No downtime, ever.
Easily create an agent and customer portal and automated workflows that accelerate speed-to-market, increase engagement, and drive revenue.
Trusted by our customers
Average customer goes live from project start
3x faster
Average customer during implementation
Saves 50%
After going-live
Upgrades $0
Flexible
Modernize your past or forge your future
Our flexible product model enables you to build engaging products and experiences that your customers want. Create any type of insurance product, for any region, and distribute it any way you choose. Create lines of business as standardized as you have today or as innovative as you need for the future with minimal effort.
Continuously Improving
Living software that keeps getting better
At Socotra, we see our platform as living software. Because we are the first true-cloud platform for insurance, our upgrades are continuous, automatic, and free. That means Socotra keeps growing, adding new features, and improving. The result is complete, up-to-date software without interruption and unnecessary costs to you.
Ready, out of the box
Customization not required
As a true product, Socotra is ready to use on day one. That means we don’t need to spend your time and money building a custom solution for your project. Instead, you can start configuring your insurance product and seeing real value right away.
- SOCOTRA DEPLOYMENT
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Efficient
Quickly connect and configure
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Fast
Make product changes in minutes
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Effective
Integrate with existing systems
Transparent
Deploy faster with open APIs
Socotra is completely transparent. We’re the only core insurance platform with open APIs and publicly-available documentation (docs.socotra.com). This allows insurers and their choice of implementation partners to quickly and efficiently create, connect, and configure something real.
TRY BEFORE YOU BUY
Buy proof, not pitch decks
Forget about pitch decks and RFPs. At Socotra, we think you deserve to know from day one if a core platform will meet your needs. That’s why we are the only insurance core system that offers a complimentary 30-day license. Build a proof of concept and see our platform’s capabilities first-hand.
Complete
A seriously powerful insurance platform out of the box
Underwriting & Rating
Create and update rules and rates that reflect your evolving guidelines.
Policy Administration
Efficiently manage the complex interactions needed throughout the policy lifecycle.
Billing
Take control with automated recurring billing and integrated reporting.
Claims
Manage claims from FNOL through settlement.
Reporting
View and download standardized reports.
Our Ecosystem
Choose Socotra, and get access to our ecosystem of partners
From payment processing to risk modeling to a no-code frontend, we’ve got you covered through the Socotra Partner Network.
