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SocotraSO

Socotra

Socotra is the first cloud-native core platform for insurance, enabling carriers to rapidly develop and deploy new products.

About Socotra

We founded Socotra with a singular mission: to provide the insurance industry with a truly modern, cloud-native core platform that enables agility, speed, and innovation. We recognized that for too long, insurers were held back by rigid, legacy systems that made launching new products and adapting to market changes incredibly difficult and expensive. We believed that insurance—a vital industry that underpins the global economy—deserved better technology.

Our platform is built from the ground up using modern engineering principles. We offer the first truly cloud-native core system that supports the entire policy lifecycle, from underwriting and policy administration to billing and claims. By leveraging open APIs and a flexible data model, we empower insurers to integrate seamlessly with other best-in-class technologies and launch products in weeks, not years. We are passionate about transparency and quality, which is why our documentation is publicly available and our platform is designed to be intuitive for developers and business users alike. We are committed to helping insurers of all sizes, from innovative startups to global carriers, modernize their operations and deliver superior experiences to their customers.

FAQs

Which countries does Socotra have remote employees in?
Socotra has employees in United States.
What benefits does Socotra offer?
Socotra lists 8 benefits, including Health Insurance, Fitness Stipend, Remote-First, Equity, and Flexible Vacation.
Does Socotra offer a four-day work week?
Socotra does not list a four-day work week among its benefits.
What is Socotra's tech stack?
Socotra lists 6 technologies in its tech stack, including Kubernetes, PostgreSQL, React, Python, and Java.
When was Socotra founded?
Socotra was founded in 2014.
Who is the CEO of Socotra?
Dan Woods is the CEO of Socotra.
How many employees does Socotra have?
Socotra has 51-200 employees.
What industries or markets does Socotra operate in?
Socotra operates in the following markets: Claims Management, Underwriting Software, APIs and Integration Platforms, Financial Services, Cloud Computing, SaaS, Enterprise Software, Digital Transformation, Insurtech, and Policy administration systems.
What is Socotra's website?
Socotra's website is socotra.com.
Where can I find Socotra on social media?
You can find Socotra on LinkedIn.

Employee benefits

Learn about the employee benefits and perks provided at Socotra.

View benefits

Parental Leave

Paid maternity and paternity leave.

Life Insurance

Life insurance coverage for employees.

Company Events

Regular company social outings and events.

Equity

Competitive salary and meaningful equity packages.

View Socotra's employee benefits
Claim this profileSocotra logoSO

Socotra

Company size

51-200 employees

Founded in

2014

Chief executive officer

Dan Woods

Markets

Claims Management
Underwriting Software
APIs and Integration Platforms
Financial ServicesCloud ComputingSaaSEnterprise SoftwareDigital TransformationInsurtech
Policy administration systems

Employees live in

Social media

Visit socotra.com

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