MGA CORE PLATFORM
Launch fast and iterate faster
Rapidly develop and distribute your platform and products in as little as two months with the most trusted core platform for insurtech MGAs. Socotra provides the flexibility and reliability insurtech MGAs need to launch, iterate, and scale new programs with minimal effort and costs.
Meet the record 17 InsurTechs that chose Socotra in 2021
Powering homeowners association (HOA) commercial lines
“Socotra brings an innovative approach to core systems. Their product-agnostic platform and out-of-the-box features make configuration and implementation easy, improving speed-to-market.” – JoAnne Artesani, VP of Commercial Lines
Migrating an entire $100M book of business to Socotra
“Many insurtechs fail to realize that efficient integration is the key to faster migration and adoption, but Socotra provides a seamless integration process with well-documented APIs and modern architecture.” – John Chu, CEO
Self-implemented a cyber liability insurance product in two months
After taking advantage of our free trial, Elpha Secure chose Socotra to complement their proprietary technology. Their team leveraged our publicly documented APIs to design, configure, and launch a new cyber insurance program in less than two months.
Launched a digital, direct-to-consumer personal auto product in a few months
“Socotra was the only core platform that had the flexibility necessary to support our vision, and the agility required to adapt to our customers’ needs.” – Nestor Solari, CEO
Powering an embedded insurance-as-a-service platform
“Socotra handed us the essential underlying insurance functionality as a readily developed product on a silver platter.” – Alexander Sanders, Chief Technology Officer
Launching a telematics-driven commercial fleet MGA program
“To take advantage of the vast array of next-generation data, we’re partnering with Socotra, which delivers a highly efficient and scalable core platform.” – Craig Lozofsky, COO
QUICK START GUIDE
Building an InsurTech MGA in 2022
A new class of insurtech MGAs is emerging, blazing trails and building innovative products for underserved customers. But building any new business from the ground up comes with its fair share of challenges. Learn what you need to make your insurtech MGA a success.
MGA CORE PLATFORM
Get a new kind of freedom and speed
Insurtech MGAs of all sizes are looking to grow more quickly and affordably to meet high expectations from their customers and investors. Using modern technology is no longer an option—it’s a requirement. Socotra delivers the innovation and experience required for insurtechs to exceed these demands and thrive.
True out-of-the-box capabilities
Socotra is ready to use on day one. Get a free 30-day trial with instant access to a fully functional environment.
Fast and flexible implementation
Run a lean team and easily integrate best-of-breed tech with public and well-documented APIs at docs.socotra.com.
One platform for all products
Launch any insurance product, via any distribution channel, in any geography, quickly and cost-effectively.
Make product changes in minutes
Reduce the cost of change by iterating on your product configuration, rating algorithms, and more in minutes.
Grow and scale in record time
Rapidly expand into new markets by replicating new geographies and lines of business.
UPGRADE WITH ZERO DOWNTIME AND COSTS
Get the latest features with free, automatic, and continuous upgrades with Socotra’s cloud-native design.
MGA FOUNDERS PODCAST
Get unique insights and advice from MGA Founders
Tune in to the MGA Founders Podcast, where Socotra CEO Dan Woods chats with innovative MGA founders to learn their stories, challenges, and visions.
Hear how founders of insurtech MGAs like Sigo Seguros and TONI Digital got started and get best practices for aspiring founders.
ON-DEMAND DEMO VIDEO
Fill out the form to see how Socotra can drive immediate value for your MGA
Three ways to get started
Get a free evaluation license
Socotra is the only insurance core system that offers a 30-day free trial so you can see our platform’s capabilities first-hand. Get started.
Connect with an SI partner
Deploy Socotra entirely on your own, with one of 150 certified engineers among our preferred partners, or with any system integrator in the world. Meet our partners.