Uniting Innovators: Socotra and Partner Firms Invite Global Experts to the Insurtech on Tap Event

Leading insurance core technology provider Socotra, in collaboration with eight members of its Partner Network, is set to host a unique networking event at this year’s InsureTech Connect conference in Las Vegas, Nevada. The event, titled Insurtech on Tap, aims to foster communication, camaraderie, and creativity among the finest minds in insurance and technology.

Insurtech on Tap

Taking place on the evening of Tuesday, October 31st, during the peak of the action at ITC Vegas, Insurtech on Tap promises an exciting gathering of select insurance and technology professionals from around the globe. Hosted at the flagship event, this networking opportunity will facilitate insightful conversations and the formation of meaningful connections.

GhostDraft and Socotra Partnership

Rebecca Angell, VP of Strategic Alliances at GhostDraft, expressed her excitement about the collaboration between GhostDraft and Socotra. Both organizations share a focus on helping insurers drive speed to market, increased efficiency, and better customer and employee experiences. By leveraging their combined expertise, they aim to deliver innovative solutions that meet the evolving needs of the industry.

Cloverleaf Analytics’ vision for the future

Michael Schwabrow, Executive Vice President of Sales and Marketing for Cloverleaf Analytics, provided his perspective on the future of insurance. He believes that the future lies in a customer-centric, cloud-based, super-intelligent, nimble, secure, and scalable approach. By embracing these attributes, insurers can adapt to changing market dynamics and deliver enhanced value to their customers.

Socotra Partner Network Benefits

The Socotra Partner Network, consisting of some of the most esteemed members of the insurtech ecosystem, offers insurers worldwide easy access to the best software and services available. This network ensures that insurers can leverage top-tier solutions to enhance their operations, improve customer experiences, and drive business growth.

Socotra’s App Marketplace™

The Socotra App Marketplace™ is a cloud-native and API-driven platform that empowers insurers to connect rapidly and easily with a wide array of apps across the insurance value chain. By seamlessly integrating these apps into their workflows, insurers can streamline their processes, automate tasks, and enhance their overall efficiency and effectiveness.

Socotra’s platform advantages

Yaroslav Buga, Vice-President of DataArt, praises Socotra’s true-SaaS, open API platform for its significant advantages over traditional systems. The platform offers flexibility, reliability, and robustness, allowing insurers to adapt to changing market demands quickly. This cloud-based solution ensures that insurers can stay ahead in a rapidly evolving industry by offering a technology infrastructure that meets their specific needs.

Partnership commitment and dedication

Oded Barak, CEO of Five Sigma, emphasizes the company’s commitment and dedication to delivering innovative solutions in the insurance industry. The partnership with Socotra is seen as a manifestation of this commitment, with both companies working together to drive advancements and provide exceptional value to insurers and policyholders alike.

Oded Barak further asserts that together with Socotra, Five Sigma is poised to deliver exceptional and true value to insurers and policyholders. By leveraging their combined expertise and innovative solutions, they aim to address the evolving needs of the insurance industry and provide solutions that enhance the overall experience for both insurers and policyholders.

Explore more

Why Are Big Data Engineers Vital to the Digital Economy?

In a world where every click, swipe, and sensor reading generates a data point, businesses are drowning in an ocean of information—yet only a fraction can harness its power, and the stakes are incredibly high. Consider this staggering reality: companies can lose up to 20% of their annual revenue due to inefficient data practices, a financial hit that serves as

How Will AI and 5G Transform Africa’s Mobile Startups?

Imagine a continent where mobile technology isn’t just a convenience but the very backbone of economic growth, connecting millions to opportunities previously out of reach, and setting the stage for a transformative era. Africa, with its vibrant and rapidly expanding mobile economy, stands at the threshold of a technological revolution driven by the powerful synergy of artificial intelligence (AI) and

Saudi Arabia Cuts Foreign Worker Salary Premiums Under Vision 2030

What happens when a nation known for its generous pay packages for foreign talent suddenly tightens the purse strings? In Saudi Arabia, a seismic shift is underway as salary premiums for expatriate workers, once a hallmark of the kingdom’s appeal, are being slashed. This dramatic change, set to unfold in 2025, signals a new era of fiscal caution and strategic

DevSecOps Evolution: From Shift Left to Shift Smart

Introduction to DevSecOps Transformation In today’s fast-paced digital landscape, where software releases happen in hours rather than months, the integration of security into the software development lifecycle (SDLC) has become a cornerstone of organizational success, especially as cyber threats escalate and the demand for speed remains relentless. DevSecOps, the practice of embedding security practices throughout the development process, stands as

AI Agent Testing: Revolutionizing DevOps Reliability

In an era where software deployment cycles are shrinking to mere hours, the integration of AI agents into DevOps pipelines has emerged as a game-changer, promising unparalleled efficiency but also introducing complex challenges that must be addressed. Picture a critical production system crashing at midnight due to an AI agent’s unchecked token consumption, costing thousands in API overuse before anyone