Socotra and Partners to Host Premier Insurance Networking Event

Insurance and Technology Innovators AWS, Cloverleaf Analytics, DataArt, Five Sigma, GhostDraft, MassPrinting, Mendix, and Stripe join Socotra at ITC Vegas to Welcome Insurers from Points Worldwide

AUSTIN, Texas--(BUSINESS WIRE)--Leading insurance core technology provider Socotra announced today that eight members of the organization’s Partner Network have collaborated to present a unique, dynamic networking event as part of this year’s InsureTech Connect conference in Las Vegas, Nevada. On the evening of Tuesday, October 31st - in the peak of the action at ITC Vegas - the partner firms will be welcoming select insurance and technology professionals from around the globe to their flagship Insuretech on Tap event, designed to foster communication, camaraderie, and creativity among the finest minds in insurance.

“GhostDraft and Socotra share a focus in helping insurers drive speed to market, increased efficiency, and better customer and employee experiences,” said Rebecca Angell, VP of Strategic Alliances at GhostDraft. “We are thrilled to co-sponsor Socotra’s Insuretech on Tap, a great ITC event to network with peers and industry thought leaders.”

“The future of insurance is customer-centric, cloud-based, super-intelligent, nimble, secure, and scalable,” said Michael Schwabrow, Executive Vice President of Sales and Marketing for Cloverleaf Analytics. “Socotra’s partner sponsors of the Insuretech on Tap event represent this future that increasing numbers of carriers and the insured are benefiting from today, and these numbers will grow next year.”

The Socotra Partner Network gives insurers worldwide easy access to the best software and services the insurtech ecosystem has to offer. The Socotra App MarketPlace™, cloud-native and API-driven, empowers insurers to rapidly and easily connect with a wide array of apps that add value across the insurance value chain; from data services, rating, and document management to payment processing, e-signatures, and more.

“For four years, it’s been an honor and pleasure to help insurance clients enter the market and modernize together with Socotra,” said Yaroslav Buga, Vice-President of DataArt. “Being a true-SaaS, open API platform, Socotra offers flexibility, reliability, and robustness unlike many traditional systems. Their support and caring of clients and partners are unprecedented and lays a good foundation for a long-term relationship.”

“This partnership embodies our commitment and dedication to delivering innovative solutions in the insurance industry,” said Oded Barak, CEO of Five Sigma. “We are excited to collaborate on this venture with like-minded cutting-edge partners like Socotra. Together with Socotra, we are poised to deliver exceptional and true value to insurers and policyholders alike.”

Insuretech on Tap will be held on the night of Tuesday, October 31st, from 5:00 - 8:00 p.m. PDT at Rí Rá Irish Pub in the Shoppes at Mandalay Place in Las Vegas, NV. Participation is limited to guests of InsureTech Connect 2023 and subject to availability. Find more details and registration information here.

About Socotra

Uniquely agile and scalable, Socotra empowers insurers of all sizes to think, act, and grow more effectively and efficiently with the industry’s only proven, mature enterprise platform. Businesses running Socotra experience fast and easy implementations, effortless upgrades, and lower TCO. The Socotra App MarketPlace™ unlocks access to the full power of the insurtech ecosystem, and Socotra CorePlus™ provides ready-to-use, complete solutions for personal auto and homeowners. With a relentless focus on tomorrow, Socotra offers the ability to put insurance and innovation hand in hand. Socotra serves P&C and life insurers worldwide. Learn more at socotra.com.