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Events

Socotra is proud to be a Title Sponsor at ITC Las Vegas from October 4th-6th, 2021

August 4, 2021

News

Insurance Innovation Reporter: 4 Ideas to Inspire Your Next Pay-As-You-Go Insurance Product

August 3, 2021

Socotra's Director of Product, Matt Hamilton, shares four inspiring ideas for pay-as-you-go/usage-based insurance products (beyond personal auto).

News

Socotra and Hexaware Technologies announce strategic partnership for seamless global implementations

July 14, 2021

Hexaware Technologies, a leading global IT consulting and digital solutions provider, announced it has become a strategic partner and system integrator for Socotra. As a Socotra Silver level partner, Hexaware will support new and existing Socotra customers around the world, including North America, APAC, and EMEA.

News

Insurance Innovation Reporter: Bamboo Insurance Adopts Socotra’s Cloud-Native Core Platform

April 12, 2021

Socotra will serve as the single platform for all Bamboo products as the insurtech program manager seeks to expand into new states.

Press Releases

Sigo Selects Socotra as Core Platform to Launch New Personal Auto Product

March 31, 2021

Sigo leverages Socotra’s modern cloud-native platform to provide underinsured communities with easier, more transparent access to reliable policies.

News

Bank On It Podcast Features Socotra Founder & CEO Dan Woods

March 9, 2021

Tune into the Bank On It podcast to hear Socotra Founder & CEO, Dan Woods, discuss his motivation for creating Socotra, evolving needs of the insurance industry, and more.

News

Socotra Recognized as a Top American InsurTech Company

January 17, 2021

Learn why Daily Finance recognized Socotra as one of the Top InsurTech Companies in America in 2021.

News

API Driven Insurance-As-A-Service Can Learn From Banking

January 14, 2021

TONI Digital is a European insurtech with an insurance-as-a-service platform for white label insurance, enabling partners to rapidly enter insurance, leverage brand and customer bases while generating new revenue. It has partnered with Socotra, a cloud-native insurance core platform.

News

TONI Digital Launches New Insurance-as-a-Service platform on Socotra

December 22, 2020

The platform is designed to enable large corporations to quickly enter the insurance market, generate revenue, and leverage existing brand and customer bases

News

FNO: InsurTech Podcast

October 2, 2020

On this episode of FNO: InsureTech, Lee talks with Dan Woods, Founder & CEO of Socotra. Socotra has built a modern, enterprise-grade core platform that enables users to rapidly develop and distribute insurance products to better serve their customers. Join Dan and Lee as they discuss: the motivation for the creation of Socotra, Socotra’s open-API approach, the specialization and separa...

News

Symetra Selects Socotra as Core Platform for Digital Initiative

September 14, 2020

Socotra’s cloud-native platform will be leveraged to facilitate a smooth transition from existing architecture and provide a strong foundation for Symetra’s future.

News

MS Amlin selects Socotra for new digital SME insurance initiative

July 14, 2020

Global re/insurer MS Amlin has chosen insurance platform provider Socotra as the core backend system for its new digital SME insurance initiative.

News

Insurance Innovation Reporter: Innovating on Core Insurance Platforms in the Midst of a Pandemic

July 6, 2020

When it comes to digital transformation, industries like banking and financial services embraced digital technology years ago to drive efficiencies and fundamentally change how they delivered value to their customers. While there’s been an increase in the adoption of modern technology (true cloud, APIs, microservices) in the insurance industry, COVID-19 and resulting stay-at-home orders have acc...

News

Insurance Business Australia: IAG lifts the lid on technology behind Poncho Insurance offering

June 3, 2020

Press Releases

Australia’s largest insurer partners with Socotra to power newly-launched direct-to-consumer product

June 1, 2020

News

Coverager: RGAX selects Socotra as core insurance platform

May 13, 2020

Press Releases

Socotra Receives ISO 27001 Certification

April 16, 2020

News

Insurance Innovation Reporter: Socotra Receives ISO 27001 Certification

April 16, 2020

Press Releases

Socotra hires former Guidewire executive Matt Hamilton as Director of Product

February 12, 2020

News

Insurance Innovation Reporter: Socotra’s Case for the Productization of Insurance Platforms

January 24, 2020

Press Releases

Socotra Raises $15.2 Million in Series B Funding to Transform Insurance IT

January 23, 2020

Press Releases

Vouch uses Socotra’s cloud-based platform to launch insurance products tailored for high-growth startups

January 16, 2020

Press Releases

Nationwide Launches New Digital Insurance Product on Socotra

December 11, 2019

News

Insurance Journal: Watch Out Insurtechs: Nationwide Readies Own Digital Auto Insurance Platform

October 1, 2019

Press Releases

Mutual of Omaha Selects Socotra for Increased Flexibility and Agility

April 10, 2019

News

USAA Invests in Comprehensive Cloud-Native Insurance Core System Socotra

February 23, 2019

Press Releases

InsurTech Socotra Closes $5.2 Million Led by Venture Firm 8VC with Insurers Nationwide and Mitsui Sumitomo

February 12, 2019

Press Releases

Innovative Life Insurance Startup for Adventurers Chooses Socotra for Increased Flexibility and Agility

October 16, 2018

Press Releases

Startup Socotra Closes Nearly $6 Million Series A with 8VC to Modernize Insurance Technology

September 24, 2018

News

CIO Review: Driving Business through Cloud

April 25, 2018

News

Intelligent Insurer: Insurtechs Socotra and Coya join forces to enhance digital products

April 12, 2018

News

Business Insider: InsurTechs Team up to Deliver First-of-its-Kind Digital Insurance Experience of the Future

April 12, 2018

Press Releases

InsurTechs Team up to Deliver First-of-its-Kind Digital Insurance Experience of the Future

April 11, 2018

News

ZDNet: Revolutionizing old businesses with new clouds

April 4, 2018

News

Container Journal: Socotra Employs Docker Containers to Modernize Insurance Industry

March 13, 2018

News

Reinsurance Journal: USAA becomes latest Socotra investor

February 26, 2018

News

San Antonio Business Journal: USAA invests in San Francisco cloud-based software startup

February 26, 2018

Press Releases

USAA Invests in Comprehensive Cloud-Native Insurance Core System Socotra

February 23, 2018