Company Overview

Socotra is a cloud-native core insurance platform that enables insurers and MGAs to rapidly configure, deploy, and manage insurance products with modern technology infrastructure. The company serves property and casualty insurers, program administrators, and insurtechs seeking to accelerate product innovation and reduce time-to-market for new insurance offerings. Socotra creates value through its API-first architecture, low-code product configuration, real-time policy and claims processing, and flexible integration capabilities that modernize legacy insurance operations.

Revenue
$98M
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Key Differentiators

Strong Challenger

Socotra is an established challenger with significant market presence and competitive offerings in Insurance Tech.

Top 10 Ranked

Ranked #8 in the Insurance Tech category, among the industry's best.

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