The digital transformation of insurance operations has reshaped the industry and its future, driving the need for platforms like Socotro's to help replace legacy technologies. The company claims to help its customers go live three times faster than average, and at half the price, providing them an edge for delivering innovative products for the space.

That the company’s offering was the first of its kind gave it an obvious lead in the market, securing big-name customers in the form of Nationwide, IAG, and AXA. It has seen significant investment, and made numerous integration and technology partnerships towards streamlining implementation and adding utility for its clients - putting it in good stead to find success into the future.