Case Study: Sigo Seguros achieves rapid launch of a digital, affordable personal auto product with Socotra

Sigo selects Socotra as core platform to launch new personal auto product

Sigo Seguros, an auto insurer focused on serving underserved, bilingual customers with limited insurance histories, needed a way to deliver affordable, transparent personal auto policies without requiring visits to brick-and-mortar agencies. To meet that challenge, Sigo Seguros selected Socotra’s cloud-native core platform as the foundation for a completely digital, direct-to-consumer product.

Using Socotra’s flexible, API-driven core (rating, policy administration, reporting and analytics), Sigo Seguros built a proprietary self-hosted pricing and rating engine on top of the platform and integrated telematics via Socotra’s open APIs. The result—launched within a few months of kickoff—was a hybrid digital product that speeds time-to-market, enables fairer, personalized pricing for customers with limited histories, and improves access and transparency for underserved drivers.

Sigo Seguros

Nestor Hugo Solari

Co-Founder and CEO