Socotra Acquires Avolanta to Add Unified Agent and Customer Portal
May 19, 2022
Socotra has acquired Avolanta and will integrate Avolanta's unified agent and customer portal into Socotra's policy core as Socotra Unified Portal. The deal brings frontend experience and agent/broker collaboration capabilities to Socotra's cloud-native insurance platform, enabling faster product development and improved digital distribution.
- Buyers
- Socotra
- Targets
- Avolanta
- Industry
- Cloud & SaaS
- Location
- South Carolina, United States
- Transaction Type
- Buyout
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