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
- True cloud-native, API-first architecture
- Openness and transparency (public documentation)
- Focus on empowering developers and providing maximum flexibility
Unique Value: Provides the most open, flexible, and developer-friendly core platform for insurers, enabling them to break free from legacy constraints and innovate at speed.
🎯 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 true API-first, headless architecture that provides significantly more flexibility and control compared to more monolithic, UI-driven core systems.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
- ✓ Dedicated Support (Varies tier)
🔒 Compliance & Security
💰 Pricing
✓ 30-day free trial
Free tier: NA
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