We’re excited to announce that we have been named one of Oxbow’s InsurTech Impact 25 companies for 2020.
Since 2018, insurance advisory firm Oxbow Partners has identified early-stage companies that can help insurers positively impact their business. This year, companies were selected based on their traction and revenue growth, as well as their potential to transform the landscape for both incumbent insurers and the insurance industry as a whole. Socotra is honored to be recognized as a leader in transforming an industry that’s been slow to modernize as insurance increasingly digitalizes.
Find out what Oxbow is saying about Socotra: “Our tech-focused colleagues like Socotra’s technical architecture – not just their use of APIs but their approach to the overall software build. Socotra has put in place a development framework that understands insurance but gives users the flexibility to configure their products and processes.”
We’re thrilled to be recognized by an industry expert like Oxbow Partners and look forward to continuing to transform insurance IT by providing a modern, core platform that enables insurers to rapidly develop and distribute products that better serve their customers.