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Sapiens vs Socotra

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SapiensPolicy Administration Systems

SocotraInsurance Rating Software

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Policy Administration Systems

Overview

Focus

Policy Administration Systems

Insurance Rating Software

Product

Insurance software platform for P&C, life, pension, and reinsurance carriers with digital, data, and core solutions.

Modern cloud-native core insurance platform with open APIs for P&C, life, and health product creation and management.

Website

Headquarters

Holon, Israel

San Francisco, California

Company size

1,001-5,000 employees

51-200 employees

Founded

1982

2014

Pricing details

Source updated

Oct 29, 2026

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