In the news

The latest Socotra news, media coverage, and press releases.

3
Dec

News

Insurance Innovation Reporter: Socotra Partners with omni:us to Streamline Insurance Workflows

December 3, 2021

By leveraging a no-code integration on Socotra Marketplace, mutual customers can gain instant access to the omni:us product suite without leaving Socotra’s core platform.

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24
Nov

News

Socotra Recognized in the Insurtech 100 by SONR Global

November 24, 2021

Socotra is the only insurance core platform represented in Sønr Global's Insurtech 100, a compilation of the leading startups and innovators driving change across insurance.

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23
Nov

News

InsurTech Magazine: Why the Next Wave of Insurtechs Could Be More Disruptive

November 23, 2021

Matt Hamilton, Socotra's Director of Product, shares insights on what will separate insurtechs from the pack.

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17
Nov

News

Insurance Innovation Reporter: CAPE Analytics/Socotra Partnership Gives Carriers Access to Property Intelligence

November 17, 2021

The companies will provide joint customers with access to CAPE’s property intelligence data, powered by geospatial imagery, risk-relevant information, and machine learning.

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28
Oct

News

Insurance Innovation Reporter: Socotra and Unqork Form Partnership to Support Insurers’ Digital Transformation

October 28, 2021

Socotra will deliver core system functionality while Unqork helps insurers build front-end agent experiences and digitize customer servicing processes.

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25
Oct

News

InsurTechATX Podcast Features Socotra Founder & CEO Dan Woods

October 25, 2021

Tune into InsurTech ATX's inaugural podcast featuring Socotra's CEO, Dan Woods, on a panel alongside Nestor Hugo Solari (Sigo Seguros), Darren Nix (Steadily), Chris Cheatham (BOLD PENGUIN), and David Perez (Lumen Technologies).

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19
Oct

News

Socotra Recognized as a 2021 Insurtech Leader in Australia by Insurance Business Magazine

October 19, 2021

Socotra is recognized as a 2021 insurtech leader in Australia for its work as an industry enabler for companies like IAG—Australia’s largest insurer, which won Celent's Model Insurer Award in 2020.

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6
Oct

News

Socotra Named to the Fintech 250: The Top Fintech Companies Of 2021 by CB Insights

October 6, 2021

Socotra is named a Top 250 Fintech Startup by CB Insights for the second year in a row, alongside fintech leaders like Stripe, Carta, and Plaid.

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5
Oct

News

Socotra Unveils Industry’s First No-Code App Marketplace at ITC

October 5, 2021

Socotra Marketplace is now available in a Partner beta, enabling participants to easily build integrations for the industry-first, no-code app marketplace.

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30
Sep

News

Snapsheet and Socotra Launch Joint Platform Solution to Deliver Modern Experiences Across the Entire Policy Lifecycle

September 30, 2021

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28
Sep

News

Socotra Selected as Core Platform to Power Berkley Asset Protection’s Lavalier Personal Jewelry Insurance Program

September 28, 2021

Socotra is partnering with Berkley Asset Protection to power Lavalier, its existing personal jewelry insurance program in all 50 states. Lavalier is seamlessly transitioning to Socotra’s cloud-native core without customer interruption.

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24
Sep

News

Socotra and ValueMomentum’s BizDynamics cloud business unit announce strategic partnership

September 24, 2021

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7
Sep

News

Socotra recognized as a Visionary in the 2021 Gartner® Magic Quadrant™ for Life Insurance Policy Administration Systems, North America

September 7, 2021

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31
Aug

News

PropertyCasualty360: Lessons InsurTech can learn from the iPhone by Dan Woods

August 31, 2021

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30
Aug

News

PropertyCasualty360: Who's using what in P&C insurance

August 30, 2021

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24
Aug

News

Betterview and Socotra Announce Partnership to Provide P&C Insurers With A More Robust Underwriting Experience

August 24, 2021

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17
Aug

News

Coverager: Socotra, Mendix, and First Technology announce market-leading, low-code joint solution

August 17, 2021

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12
Aug

News

Insurance Innovation Reporter: First Consulting Forges Strategic Implementation Partnership with Socotra

August 12, 2021

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4
Aug

Events

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

August 4, 2021

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3
Aug

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).

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19
Jul

News

PropertyCasualty360: Who's using what in P&C insurance

July 19, 2021

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14
Jul

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.

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12
Jul

News

Digital Insurance: Sigo bringing insurtech to Hispanic and Latino communities

July 12, 2021

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18
Jun

News

Best Startup: 73 Top San Francisco Insurance Companies and Startups of 2021

June 18, 2021

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21
May

News

Digital Insurance: More people can buy life insurance thanks to digital

May 21, 2021

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12
Apr

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.

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12
Apr

News

PropertyCasualty360: Who's using what in P&C insurance

April 12, 2021

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31
Mar

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.

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9
Mar

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.

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17
Jan

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.

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14
Jan

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.

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22
Dec

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

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2
Oct

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...

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14
Sep

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.

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14
Jul

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.

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6
Jul

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...

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3
Jun

News

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

June 3, 2020

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1
Jun

Press Releases

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

June 1, 2020

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13
May

News

Coverager: RGAX selects Socotra as core insurance platform

May 13, 2020

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16
Apr

Press Releases

Socotra Receives ISO 27001 Certification

April 16, 2020

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16
Apr

News

Insurance Innovation Reporter: Socotra Receives ISO 27001 Certification

April 16, 2020

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12
Feb

Press Releases

Socotra hires former Guidewire executive Matt Hamilton as Director of Product

February 12, 2020

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24
Jan

News

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

January 24, 2020

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23
Jan

Press Releases

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

January 23, 2020

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16
Jan

Press Releases

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

January 16, 2020

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11
Dec

Press Releases

Nationwide Launches New Digital Insurance Product on Socotra

December 11, 2019

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1
Oct

News

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

October 1, 2019

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10
Apr

Press Releases

Mutual of Omaha Selects Socotra for Increased Flexibility and Agility

April 10, 2019

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23
Feb

News

USAA Invests in Comprehensive Cloud-Native Insurance Core System Socotra

February 23, 2019

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12
Feb

Press Releases

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

February 12, 2019

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16
Oct

Press Releases

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

October 16, 2018

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24
Sep

Press Releases

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

September 24, 2018

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25
Apr

News

CIO Review: Driving Business through Cloud

April 25, 2018

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12
Apr

News

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

April 12, 2018

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12
Apr

News

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

April 12, 2018

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11
Apr

Press Releases

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

April 11, 2018

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4
Apr

News

ZDNet: Revolutionizing old businesses with new clouds

April 4, 2018

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13
Mar

News

Container Journal: Socotra Employs Docker Containers to Modernize Insurance Industry

March 13, 2018

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26
Feb

News

Reinsurance Journal: USAA becomes latest Socotra investor

February 26, 2018

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26
Feb

News

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

February 26, 2018

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23
Feb

Press Releases

USAA Invests in Comprehensive Cloud-Native Insurance Core System Socotra

February 23, 2018

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