Mutual of Omaha Case Study: A century-old life insurer charts a remote course to the cloud.

When Mutual of Omaha wanted to transform their policy operations and develop their highly complex Disability Income product entirely in the cloud, they chose Socotra as their core technology platform.

Discover how:
  • Socotra’s agile platform reduced implementation time to only 12 months.
  • Mutual of Omaha’s “run” cost on Socotra was significantly lower and moving towards a 50% reduction compared to other legacy solutions.
  • With Socotra’s open APIs and documentation, Mutual of Omaha was able to develop a disability income product remotely.

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Socotra’s core platform is powering an insurance product for Uber drivers in the UK on AXA XL’s Affinity Protection Platform.

Australia’s largest general insurer, IAG,  built their Poncho Insurance brand on Socotra’s cloud-native core.

Socotra helped Nationwide launch the Spire insurance platform in nine months.
In designing our enterprise business platform, Socotra gave us a good example of what success looks like through its configurability and extensibility.
Jerry Sayre, Chief Software Engineering Officer, Mutual of Omaha