Improve pricing accuracy and risk management as you deploy and scale telematics and usage-based insurance. With Socotra’s open APIs, you can seamlessly integrate telematics and other third-party technologies. Execute high-volume, real-time transactions and offer discounts to your customers using our powerful cloud-native platform and intelligent rating capabilities.
With Socotra, you can modernize your auto insurance products by adding the option for telematics and usage-based coverage (UBI). Whether you serve personal auto customers or the largest fleets of commercial drivers, Socotra has the platform you need to make your business goals a reality.
Power your smarter auto insurance products with real-time consumer data
Get driver info directly from the source for more accurate rating and pricing
Make your insureds happier than ever with coverage tailored specifically to them
Power your smarter auto insurance products with real-time consumer data
Make your insureds happier than ever with coverage tailored specifically to them
Get driver info directly from the source for more accurate rating and pricing
Uniquely agile and scalable, Socotra empowers insurers of all sizes to think, act, and grow more effectively and efficiently with the industry’s only truly mature enterprise platform.
Try out our platform by configuring a usable insurance product you can bring to market on day one.