With Socotra’s Leading Modern Insurance Core Platform, insurance companies can improve their consumer offers and speed their time to market.
The insurance policy core platform Connected Core is now available in the AWS Marketplace, according to a statement from Socotra Inc. With this change, insurers will find it simpler to utilize the platform, which will speed up implementation and enhance efficiency. It is simple to identify, test, buy, and deploy software that runs on Amazon Web Services (AWS) thanks to the AWS Marketplace, a digital catalog with thousands of product listings from independent software providers.
The company’s goal to better serve the insurance sector through innovation and technology has advanced with the inclusion of Socotra in the AWS Marketplace. It strengthens Socotra’s position as a top supplier of contemporary enterprise insurance platforms by enabling insurers to introduce new products more quickly, cut costs, and enhance customer experiences. Insurance companies have more flexibility and agility to adapt to changing market conditions thanks to Socotra’s Connected Core, which is built on a contemporary cloud-native architecture. Due to the platform’s high degree of configuration, insurers can quickly introduce new goods and services and streamline the underwriting, invoicing, and claims processes.
“Socotra has treasured and cherished our ongoing partnership with AWS for years. According to Mike Benayoun, director of partnerships at Socotra, “As we add this new aspect to our collaboration, we believe AWS Marketplace opens the way for insurer clients to leverage Socotra’s Connected Core to modernize and accelerate their product and service offerings to market. “AWS Marketplace gives our customers a secure, practical, and standardized way to buy our software while confidently deploying on AWS,” says the company.
This information follows the recent release of Socotra CorePlus, a range of comprehensive insurance IT solutions made up of Socotra Connected Core and easily connected with major software and data suppliers via Socotra App MarketPlace for Homeowners and Auto. Socotra CorePlus is intended to increase speed-to-market and uniformity while lowering risk and expenses. Insurance companies may speed up procurement processes, put in place the security measures required to conduct business with trust, and empower their organizations to innovate thanks to the expanded availability in the AWS Marketplace.