Socotra introduces AI-driven insurance configuration

Socotra Launches AI-Driven Insurance Configuration Tool

Socotra, an InsurTech company known for modernizing insurance core technology through cloud solutions, has recently unveiled a new offering named Agentic Configuration. This tool is designed to help insurers create and manage product configurations flexibly and efficiently, leveraging artificial intelligence and natural language processing capabilities.

What Agentic Configuration Offers

Agentic Configuration allows insurance providers to build their product offerings directly within Socotra’s platform. This means they can customize insurance products without heavy reliance on traditional development processes. By simplifying the configuration process, Socotra aims to significantly reduce product development time—a well-known bottleneck for many insurers.

Key Highlights

• AI and Natural Language Integration: The new product incorporates AI to enhance usability, allowing users to interact with the system in a more intuitive manner.
• Enhanced Flexibility: Insurers can quickly adapt product configurations according to market demands or internal changes.
• Target Audience: This development is particularly relevant for insurers looking to improve efficiency and agility in their product offerings.

Implications for the Insurance Industry

With the introduction of Agentic Configuration, Socotra positions itself as a forward-thinking partner for insurers. By addressing the persistent challenges of product development timelines, this new tool could potentially reshape how insurers approach their product strategies and operations.

Conclusion

This launch reflects a broader trend in the insurance industry towards adopting technology-driven solutions that prioritize speed and flexibility. As insurers face increasing competition and changing customer expectations, such advancements may prove essential for staying relevant.

Original Source: https://fintech.global/2025/10/13/socotra-introduces-ai-driven-insurance-configuration/