Providing peace of mind should be easier. That’s why Socotra gives you the power of simplicity and unrivaled speed to market for specialty and excess & surplus products.
Whether you’re starting from scratch, expanding into new geographies, or adding new capabilities to the lines you already service, Socotra has you covered with solutions for every excess & surplus or specialty insurance product.
Test out new product lines, expand into new geographies, and add new capabilities at the speed of your ideas. By delivering ultra low-risk deployments and fully documented open APIs, Socotra allows you to launch and manage your business quickly and easily, so you can explore new opportunities on your own terms.
Easily tailor hundreds of products to your specific customer segments and needs with Socotra’s flexible data model and ultra-configurable and inheritance-based product management. Whether you are selling Excess & Surplus, Cyber, Mergers & Acquisitions, or custom offerings that require flexible policy documents and evolving rating and rules, there are no limits to what specialty lines Socotra can support.
To manage complex risks and ever-changing customer demands, you need visibility into your data so you can change products quickly. Socotra offers the most accessible and detailed real-time data on the market, as well as the ability to easily update policy documents, rating, and rules as you change or experiment with your products.
Built from the ground up as a true SaaS platform, Socotra Connected Core™ gives our customers the benefits of world-class application architecture.
Create differentiated insurance products quickly and easily, with the full power of the insurtech ecosystem at your fingertips for rapid innovation.
Say goodbye to complex custom development and hello to efficiency. Our platform’s open APIs let you focus on delivering exceptional products and services.
The industry’s most frequently upgraded PAS is also the industry’s more reliable PAS, with weekly upgrades and >99.995% uptime.
State-of-the-art encryption, access controls, and continuous monitoring.
Multi-tenancy and continuous upgrades with zero downtime.
Effortlessly meet and exceed complex compliance requirements.
Say goodbye to needless manual processes and hello to efficiency and agility. Socotra’s cloud-native architecture and true SaaS model ensure that you’re always ahead of the curve.
Test our platform by configuring a usable insurance product you can bring to market on day one.
