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Socotra
Software Development
San Francisco, California 5,570 followers
Agile core for agile insurers.
About us
At Socotra, we solve very old insurance problems in entirely new ways. Businesses worldwide experience fast and easy implementations, effortless upgrades, and exceptional speed. The platform offers unparalleled flexibility and the freedom to connect with any internal or external tools and data sources, all in an environment loved by developers and end users alike. Uniquely agile and scalable, Socotra empowers companies of all sizes to think, act, and grow more effectively and efficiently. Insurers who know the power of the cloud trust Socotra. Learn more at socotra.com.
- Website
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https://socotra.com
External link for Socotra
- Industry
- Software Development
- Company size
- 51-200 employees
- Headquarters
- San Francisco, California
- Type
- Privately Held
- Founded
- 2014
Locations
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Primary
33 New Montgomery St
San Francisco, California 94105, US
Employees at Socotra
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Matthew Hamilton
Vice President, Product at Socotra
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Dubi Ben-Shoham
Sr. Director, Global Talent
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James Patterson
Transformational Technology professional | Expert in Scalable Solutions & Agile Methodologies | Bridging Business Needs with Innovative Tech
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Suleiman Sukkar
Insurance/Insurtech. @Socotra
Updates
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In the latest She Can Code podcast episode, Sonny Patel, Socotra Chief Product & Technology Officer, discusses her journey in the technology industry with host Kayleigh Bateman, exploring various topics, including psychological safety and building professional confidence.
Ever wondered how top female execs juggle tech roles and family? 👶💻 Listen to Sonny Patel, CTFO at Socotra, as she talks candidly on overcoming challenges and thriving in the C-suite! Listen here 🎧 https://bit.ly/3Vym5G4 #WorkLifeBalance #TechIndustry #WomenInTech #MomsInTech #SpillingTheT #Podcast
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Effective billing management is more than just a necessity for insurers—it’s a key driver of customer satisfaction and business growth. However, for many insurers, it’s also a source of enormous costs and headaches. In this new blog post, Matthew Hamilton, Product Architect at Socotra, reviews the pitfalls of many existing billing systems. He also discusses the four elements needed for better billing. Read on to see why Socotra Billing is the most powerful and flexible billing platform to improve billing operations, enhance customer experiences, and increase financial integrity and visibility. Read more: https://hubs.li/Q02_t5Dj0
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In this episode of the Care to Lead Podcast, Cynthia Corsetti welcomes Sonny Patel, Chief Product and Technology Officer at Socotra, and a pioneer in the field of AI. Sonny recounts personal stories from her time leading teams at Microsoft and Amazon, and covers the shifting role AI plays in professional environments, and distinctive challenges and opportunities AI brings for leaders. Watch here: https://hubs.li/Q02Zn_RL0
Evolution of AI in Leadership with Sonny Patel
https://www.youtube.com/
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In Five Sigma - AI-Native Claims Management's latest blog post, Sonny Patel, Socotra Chief Product and Technology Officer, covers how significant data models are in how they serve as the backbone for a personalized and efficient service delivery, and enhanced claims management experience.
Five Sigma leverages data models and AI to transform claims management! 🦋 Read our latest blog, written together with our partners Socotra, to explore how data models play a vital role in organizing vast amounts of claims data, making it accessible and ready for #AI to analyze, predict trends, streamline processes, and enhance decision-making. Five Sigma’s AI-native claims management platform harnesses these advancements to deliver faster, smarter, and more personalized claims handling, driving efficiency and boosting customer satisfaction. Link to the blog in the first comment 👇👇👇 #DataModels #ClaimsManagement #FiveSigma #Insurtech
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How can technology support risk assessment for insurers? In this Digital Insurance article, Industry Advisor to Socotra, Jeff Goldberg, discusses the use of advanced technology such as IoT, drones, and satellite imagery to monitor conditions, gather data proactively, and ultimately, help set fair premiums, encouraging customers to invest in preventive measures that reduce long-term claims. Read more: https://hubs.li/Q02YXC7J0
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Insurance Innovators Summit did not disappoint! What a fantastic time connecting with industry professionals and gathering insights from so many brilliant sessions. Big shout-out to Philippe Knepfler, Head of Business Development and Chief Innovation Officer at Covéa Affinity; Gonzalo Rodriguez, Head of B2B2C Partnerships at Generali; and Phil Hobson, Managing Director – International Affinity Leader at Marsh for their well-delivered session with Dan Woods, Socotra CEO, on embedded insurance and unpacking the significance of dynamic pricing models, disaggregated products, and hyper-personalised solutions.
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Headed to Insurance Innovators Summit? Check out Socotra CEO Dan Woods and several industry-leading speakers for an insightful session, "Capitalising on the Embedded Opportunity,” at 3:10 p.m. GMT today. Join us at the session and visit stand #18 to hear more about our innovative offerings. Learn more: https://hubs.li/Q02WWhG10
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Join Socotra CEO Dan Woods at Insurance Innovators Summit next week for an insightful session on embedded insurance! He'll be joined on stage by industry-leading speakers: - Philippe Knepfler, Head of Business Development and Chief Innovation Officer at Covéa Affinity - Gonzalo Rodriguez, Head of B2B2C Partnerships at Generali - Phil Hobson, Managing Director – International Affinity Leader at Marsh Also, be sure to stop by stand #18 to say hi to the Socotra team! Learn more about the spotlight session: https://hubs.li/Q02WfHQb0
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Industry disruption is driven by a foundation of strategic decisions and careful risk assessment. In her latest interview with Authority Magazine, Sonny Patel, Chief Product and Technology Officer at Socotra, highlights three key areas to focus on when it comes to shaking up your industry. Read the interview: https://hubs.li/Q02V8Q470