Socotra

CoverTree's game-changing approach to manufactured housing insurance leverages the Socotra platform to achieve impressive results: - Implementation completed in just 6 months (vs. industry standard of 1-2 years) - 90% of applications are straight-through processing - 30% lower TCO compared to other core platforms CoverTree's success demonstrates the power of modern core solutions in addressing niche markets. See how Socotra helped CoverTree disrupt an underserved market while maintaining operational efficiency: https://hubs.li/Q03d8_9d0

Join Socotra and ManageMy for a special happy hour event the day before Insurtech Insights Europe! Enjoy drinks, networking with insurance industry leaders, and the exclusive opportunity to collect your ITI conference badges ahead of time—avoid the queues and start your conference experience smoothly. Save your spot: https://hubs.li/Q03bnnLB0

In the latest episode of the #BetterTechLeadership podcast, Socotra Chief Product & Technology Officer, Sonny Patel, joins host ?? Matt Warcholinski ?? to discuss her career journey and how she bridges the gap between business and technology. Sonny sheds light on a number of topics, including: - Her path from developer to product manager to executive leader - Strategies for improving collaboration between product and engineering teams - Ways to recognize burnout and manage personal and professional challenges - How Socotra is transforming the insurance industry with an innovative, cloud-native approach Listen to the full episode here: https://hubs.li/Q039QW_30 #TechLeadership #WomenInTech #ProductManagement #Engineering #Innovation #InsuranceTech #Leadership #AvoidingBurnout #Socotra

In honor of International Women's Day tomorrow, SheCanCode asked women in tech how they and their organizations are accelerating gender equality. Socotra Chief Product and Technology Officer, Sonny Patel, shared her insights: “Breaking down biases and discrimination in technology will only happen when women develop confidence in their abilities and recognize their value. I advise my colleagues to embrace their experiences, support one another through challenges and lead by example. We need to take an active role in empowering other women and demonstrating success to help remove these barriers and create true gender equality in technology leadership.” Read the full article: https://hubs.li/Q039BQBr0

Join Socotra and our co-sponsor, ManageMy for a happy hour event at the start of Insurtech Insights Europe! In addition to refreshments and opportunities to connect with other insurance industry leaders, attendees can collect their ITI conference badges early and skip the lines. Save your spot: https://hubs.li/Q039Pq3n0

For today's insurers, uptime and reliability are no longer just technical metrics; they’re now essential for business continuity, customer satisfaction, and profitability. In a new article for Insurance-Edge.Net, Sonny Patel, Chief Product and Technology Officer at Socotra, offers best practices for improving reliability in insurance technology. By focusing on reducing both planned and unplanned downtime, insurers can maintain a consistent, high-quality experience for customers and stay competitive in a rapidly evolving market. Read the article: https://hubs.li/Q039jyVD0

We're thrilled to share the latest episode of the CARE to Lead Video Series featuring Sonny Patel, Socotra Chief Product & Technology Officer! Host Cynthia Corsetti is joined by five executive leaders to discuss AI's profound impact on the future workforce and education needs, as well as the surrounding ethical implications. Check out this compelling and insightful conversation on how AI is reshaping work and human connection! Watch now: https://lnkd.in/gmyPKeBq

As the insurance industry increasingly embraces modern technology, a growing challenge is emerging: the widening workforce gap in IT teams. Insurance companies are having difficulty attracting and retaining top technical talent with the right technical skills, creating a significant barrier to modernization. How can insurers respond? In a new article for Digital Insurance, Ekine Akuiyibo, COO of Socotra, explores the root causes of the workforce gap and offers potential solutions to bridge it. Read the article: https://hubs.li/Q03656vt0

Join us for an exclusive happy hour event on Tuesday, March 18 ahead of Insurtech Insights Europe! Connect with industry leaders while enjoying premium food and cocktails, along the backdrop of some breathtaking city views at the Savage Garden rooftop lounge. Location: Savage Garden at the DoubleTree Hilton-Tower of London Date & time: Tuesday, 18 March, 5:30 to 8:30 p.m. Save your spot: https://hubs.li/Q036PCGF0

Policy administration serves as an insurer’s operating system, and Socotra Policy is the first one built like an operating system. We offer an elegantly designed platform that can power all insurance products with scale and maintainability. Our customers get the fastest product launches and updates, unrivaled data access and control, and the best support for large-scale insurance–all for the lowest total cost of ownership. See why Socotra Policy is the insurance industry's most mature core platform in our latest blog: https://hubs.li/Q035xVNH0