Socotra
The Future of Insurance Technology is Here.
Overview
Socotra is a cloud-native insurance core platform that provides policy, billing, and claims management. It is designed to help insurers of all sizes launch new products quickly and efficiently.
✨ Key Features
- Policy administration
- Billing and payments
- Claims management
- Open APIs
- Cloud-native architecture
🎯 Key Differentiators
- Pure cloud-native, API-first platform
- Focus on speed to market and developer-friendliness
- Transparent pricing and documentation
Unique Value: Empowers insurers to launch and iterate on products faster than ever before with a modern, developer-friendly, and API-first core platform.
🎯 Use Cases (3)
✅ Best For
- Powering a new digital-first insurance carrier
- Enabling an insurer to launch a new product in weeks instead of months
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Insurers requiring extensive, out-of-the-box functionality for complex commercial lines
🏆 Alternatives
Offers a more open and flexible platform than many traditional core systems, making it easier to integrate with other applications and build custom solutions.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
- ✓ Dedicated Support (Varies tier)
🔒 Compliance & Security
💰 Pricing
✓ 30-day free trial
Free tier: NA
🔄 Similar Tools in Auto Insurance Software
Applied Epic
An agency management system for mid-size and enterprise independent insurance agencies....
Duck Creek Policy
A comprehensive policy administration system for P&C insurers....
Guidewire PolicyCenter
A leading policy administration system for property and casualty insurers....
Insurity
Cloud-native software solutions for P&C insurance....
Majesco P&C Core Suite
A cloud-native platform for P&C insurance policy, billing, and claims....
Sapiens IDITSuite for Property & Casualty
A comprehensive insurance suite for P&C carriers....