Hexaware Strengthens Data Capabilities with Acquisition of Softcrylic Know More

Hexaware’s partnership with Socotra empowers P&C insurance organizations with a flexible platform for rapid product launches across geographies that optimizes processes, reduces costs, and expands broker networks, resulting in improved operational efficiency and market presence.

Outcome-Based Partnership

Experience unmatched speed with our rapid new LOB implementations using Socotra’s PAS. Leverage our pre-built LOB models and efficient testing framework that empowers insurers to launch new lines of business in days or weeks instead of months. Stay agile, reach niche markets, and bring innovative products to market faster than ever before.

Address the dynamic needs of agents and customers while creating an engaging customer experience with our custom portal built on Socotra. Harness the headless, highly scalable architecture of the platform to jump-start sales. Enable channel-specific customer experience for new business, servicing, and claims using creative design and pre-built components.

Discover our advisory services, encompassing discovery consulting, future operating model design, fit-gap analysis, and core transformation capabilities. Trust us for a program roadmap that accelerates agility, innovation, and scalability, maximizing your insurance technology investment.

Say goodbye to the complexity of managing multiple legacy systems, and usher in operational efficiency for insurers. Easily transition policies to Socotra PAS with our cloud-based pre-built end-to-end migration pipeline. Enjoy quick deployment and a standardized approach for migrating from legacy systems.

Outcome-Based Partnership

Our Socotra Capabilities

Growth acceleration technology, tools, and frameworks

Hexaware’s pre-configured, ready-to-deploy framework accelerates new insurance product launches, enhancing agility to swiftly respond to market changes and customer needs, thus reducing the time and resources traditionally needed for setting up new lines of business.

Hexaware’s Gen AI-driven approach ensures continuous improvement, predictive analytics, and proactive problem-solving, keeping the Socotra platform at the forefront of innovation for enhanced user experience and operational efficiency.

Hexaware’s Tensai®, an advanced test automation platform, ensures Socotra system quality and reliability by automating testing processes, reducing human error, accelerating the testing cycle, and enhancing overall platform integrity, performance, and efficiency, instilling confidence in insurers deploying Socotra solutions.

Hexaware’s customized solution migrates data from legacy systems to Socotra’s modern insurance platform with utmost accuracy and efficiency. This cost-effective process empowers insurers to swiftly leverage advanced capabilities, optimizing operations and enhancing customer service, all while upholding rigorous security and compliance standards.

Our Socotra Capabilities

Growth acceleration technology, tools, and frameworks

Socotra Practice Team Leaders

Mukundan Madhavan

Socotra Leader

Santhakumar Subramaniyan

Socotra Leader

Mildred Maxim Crasto

Socotra Expert

Resham Sahni

Socotra Expert

Kumar Jeyaprakasam

Socotra Expert

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