Socotra

San Francisco, California, USA · ≈150 employees · socotra.com

Socotra is a cloud-native insurance technology company founded in 2014 and based in San Francisco, California. It offers a modern platform designed specifically for the insurance industry, enabling insurers to manage policy administration, underwriting, billing, claims, and product development efficiently. The company serves over 40 insurers across ten countries, providing solutions for personal, commercial, and life insurance lines. The platform features a suite of services, including policy administration, automated underwriting, integrated billing, claims management, and customizable digital experiences. Socotra's technology is built on open APIs and a product-agnostic data model, allowing for seamless integration and rapid adaptation to market changes. With a focus on empowering insurers to innovate and improve customer experiences, Socotra is recognized as a leader in the insurtech space.