Socotra has made its AI underwriting assistant, Socotra Assistant, generally available to all customers, marking the first insurance core system to offer production-ready AI across all products and geographies.
The tool, built directly into Socotra Operations Workbench, is designed to boost underwriter productivity and accuracy with intelligent document import, automated risk assessments, and summary generation all while maintaining security and auditability.
Dan Woods, CEO of Socotra, said: “Insurers see high value in AI, but they’re tired of demos and bolt-ons that don’t scale in production. 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.”
Socotra Assistant integrates fully with live policy and billing data, enabling underwriters to extract information from emails, documents, ACORD forms, PDFs, and even handwritten notes. It supports data validation, risk analysis, and the automatic generation of structured underwriting summaries with a permanent audit trail.
Designed for governance and regulatory compliance, Socotra Assistant operates with humans always in the loop, provides explainable recommendations, maintains audit-ready execution, and learns insurer-specific risk assessment criteria without using secure data.
The platform can be set up in a week without coding and is supported by documentation and video walkthroughs, reflecting Socotra’s goal of providing scalable, enterprise-ready AI for insurance operations worldwide.
