We’re very pleased to announce that Nuon AI is now available on the Socotra App MarketPlace. Nuon AI joins an ecosystem of technology leaders, bringing speed-to-market and agility to the insurance industry.
Socotra App MarketPlace provides insurers with modern software apps connected to the Socotra policy core. The platform is the fastest way for insurers to bring new products and features to market.
Nuon AI delivers a real-time pricing AI platform enabling insurers, brokers, and MGAs to run millions of pricing experiments across the entire insurance product lifecycle to gain deep retail or market price recommendations.
“We’re delighted for Nuon AI to feature in the Socotra App MarketPlace,” said Paul, Doran, Partner. “Through the MarketPlace, insurers and brokers can seamlessly access Nuon AI – saving time and money. This means they can start running pricing experiments through our unique API-connected real-time pricing technology, giving them a truly competitive edge.
As insurers seek to stay competitive and introduce new products and features at unprecedented speeds, they’re increasingly looking to advanced technology solutions that accelerate time-to-market and modernise every aspect of the insurance value chain, from user experience to underwriting to claims. That requires an ecosystem of modern technology partners.
With Socotra App MarketPlace, insurers can instantly connect to a wide array of apps that improve every aspect of the insurance value chain.
Unlike other marketplaces for insurers that only offer snippets of code or pre-built integrations, Socotra App MarketPlace delivers real software apps that insurers can deploy in minutes without custom coding—vastly accelerating speed-to-market and lowering IT costs.
“Socotra is pleased to partner with Nuon AI to deliver an industry-leading solution,” said Dan Woods, Founder and CEO, Socotra. “Socotra was already the industry’s best platform for innovation. With the addition of Socotra App MarketPlace, Socotra customers can add nearly limitless capabilities faster than ever before.”
Socotra brings unparalleled speed and ease to insurance technology. With Socotra’s modern core platform, global insurers and insurtech MGAs can accelerate product development, reduce maintenance costs, and improve customer experiences.
Socotra provides open APIs, a product-agnostic data model, and out-of-the-box capabilities to manage the entire policy lifecycle, making insurance innovation faster, easier and more affordable.