Socotra is a leading cloud-native insurance platform that provides a highly configurable and mature core policy administration system. Built to scale and deliver rapid solutions, Socotra allows insurers to manage policy, billing, claims, and reporting efficiently. The platform is distinguished by its flexibility and ability to integrate with existing systems, enabling insurers to launch new products quickly and adapt to modern consumer demands. Socotra offers a wide range of features including embedded insurance, telematics, and usage-based models, and is recognized for its advanced technology in enhancing policyholder and producer experiences.