Socotra Becomes First Insurance Core to Release Generally Available AI

Socotra today announced the general availability of Socotra Assistant, a powerful AI underwriting capability built directly into Socotra Operations Workbench. The production-ready AI assistant dramatically improves underwriter productivity and accuracy with intelligent document import, risk assessment insights, and automated summaries—all with human governance and full data security.

Socotra Assistant supports all insurance products and geographies. It is fully documented, supported by video walkthroughs, and can be set up in one week without any coding. 

“Insurers see high value in AI, but they’re tired of demos and bolt-ons that don’t scale in production,” said Dan Woods, CEO of Socotra. “Socotra is now the only insurance core with built-in AI that is safe, quickly-configured, continually improving, product-agnostic, and available to all customers. Socotra AI is mature AI.”

Improve Underwriter Productivity with End-to-End Workflows

Because Socotra Assistant is embedded directly within Socotra Operations Workbench, it can analyze and act on live policy and billing data in real time. Socotra Policy was built for AI connectivity from the start, with open APIs, continuous data access, and a flexible insurance data model. That modern architecture enables Socotra Assistant to support insurers through the entire underwriting process. Underwriters can use Socotra Assistant to:

• Extract data from emails, documents, tables, ACORD forms, PDFs, and even handwritten notes
• Resolve missing or invalid data by interacting with Socotra Assistant in chat mode
• Analyze applications against risk assessment criteria, find issues, and draft resolutions
• Quickly view Socotra Assistant’s reasoning and information sources
• Automatically generate structured underwriting summaries and documentation with a permanent audit trail

Built for Governance, Scale, and Control

Socotra Assistant delivers governance and flexibility within regulated insurance environments through the following design principles:

• Human always in the loop: Socotra Assistant only makes changes or takes actions with explicit human approval.
• Explainable recommendations: Every finding includes clear reasoning and links to the data and sources used.
• Audit-ready execution: AI actions are permanently logged and viewable in underwriting records.
• Insurer-specific learning: Socotra Assistant learns each insurer’s specific risk assessment criteria and product workflows—without learning their data.

Further Information

Insurers interested in deploying AI within their core systems can explore Socotra Assistant’s video walkthrough, documentation, and enablement guide. Attending Insurtech Insights Europe? Get a demo of Socotra Assistant at Booth B52 and join us for Insurtech on Tap.

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