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Socotra, a provider of modern, cloud-based technology for insurers worldwide, has announced the appointment of Sonny Patel as Chief Product and Technology Officer. She will be responsible for leading the company’s Product and Engineering teams alongside Product Architect Matt Hamilton, who leads Socotra’s platform strategy and product design.
Sonny Patel, Chief Product and Technology Officer, Socotra.
“The insurance industry is changing rapidly in response to consumer expectations, and meeting those needs means having the technological tools to respond quickly—or to anticipate coming trends and prepare for them before your competitors do,” comments Patel. “To move forward, insurers need a technology partner that can give them the tools they need—in the cloud—and access to the growing ecosystem of specialized InsurTechs, via open APIs, that will let them continue to add value over time. I’m confident that Socotra is the best choice for any insurer looking to stay relevant and competitive in today’s marketplace and beyond, and I’m proud to be a part of this amazing team.”
Patel is a recognized thought leader in AI, with over 20 years of experience building and launching products at Fortune 500 companies including Dell, Microsoft, and Amazon. She holds an MBA in Strategy & Entrepreneurship from the Haas School of Business at the University of California, Berkeley and a Master’s degree in Computer Science from Texas A&M University.
Dan Woods, Founder and CEO, Socotra.
Business Intuition, Product Vision, and Technology Depth
“Socotra’s technology empowers insurers to meet the evolving needs of customers whose expectations have been set in the information age,” says Dan Woods, CEO, Socotra. “Sonny Patel is an outstanding and proven leader; she brings business intuition, product vision, and technology depth. Our bold mission deserves a great leadership team, and we’re excited to welcome her as its newest addition.”