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Dan Woods Teaches us the True Meaning of ‘Out of the Box’ Software – Carpool Conversations at Insurtech Insights 2023
Welcome to the first episode of a brand new season of Carpool Conversations. In this episode, FF News’ Douglas Mackenzie is joined by Dan Woods, for a drive through the city of London and a 1-1 chat on the topics in insurtech that Dan is most passionate about.
Dan Woods is the CEO of Socotra. Socotra was founded in 2014, and provides the first cloud-native core platform for insurance and the first core system to embrace a philosophy that its APIs and configuration formats should be open to the world. Recently, Socotra announced a major expansion into the European insurance markets, with an initial focus on the UK, DACH and France. This follows their strong growth in 2022, which included a 71% increase in revenue, 75% growth in customers and a 117% YoY increase in policies managed on their platform.
In this video, Dan talks about the intricacies of cloud technology, how his musical background has helped his career and Socotra’s unique approach to the insurtech marketplace.
Companies In This Post
- What Are Some Emerging Trends in APAC? | FF News at Money20/20 Asia 2025 Read more
- EXCLUSIVE: “Private Banking for All” – Hylton Kallner, Discovery Bank in ‘The Fintech Magazine’ Read more
- Temenos Strengthens Product Leadership With Key Appointments Read more
- ACI Worldwide Recognized as Leading Provider of Fraud Orchestration Solutions by Datos Insights Read more
- Four in Ten British Businesses Would Adopt Open Banking for Increased Security Benefits, but Are Held Back by Lack of Understanding Read more
Carpool Conversations: Bradley Collins – Insurtech Insights
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Carpool Conversations At Insurtech Insights Europe With Vitesse’s Dan Andrews
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Ed Halsey Reveals How To Get The Best Price From Quality Insurers
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Mark Budd Discusses What It Really Means To Be Different In Insurance
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Dan Woods Teaches us the True Meaning of ‘Out of the Box’ Software – Carpool Conversations at Insurtech Insights 2023
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Carpool Conversations Highlights – Behind The Scenes
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Alex Martin, Clearspeed, Reveals The 3 Questions Every Entrepreneur Should Be Asking
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What Are Some Emerging Trends in APAC? | FF News at Money20/20 Asia 2025
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EXCLUSIVE: “Private Banking for All” – Hylton Kallner, Discovery Bank in ‘The Fintech Magazine’
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Temenos Strengthens Product Leadership With Key Appointments
Temenos (SIX: TEMN), a global leader in banking technology, today announced it has strengthened its product leadership team with two strategic appointments. Rohit Chauhan joins as Chief Technology Officer (CTO), and Eugene Khmelevsky joins as Global Head of Architecture and Data. The two executives, based out of the U.S., report to Barb Morgan, Temenos’ Chief Product and Technology Officer, highlighting the company’s strategic investment in talent to accelerate growth and innovation.
ACI Worldwide Recognized as Leading Provider of Fraud Orchestration Solutions by Datos Insights
ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, has been recognized among leading solutions providers in Datos Insights’ latest report on the fraud orchestration solutions market, Beyond Point Solutions: Orchestrating the Future of Fraud Prevention.
Four in Ten British Businesses Would Adopt Open Banking for Increased Security Benefits, but Are Held Back by Lack of Understanding
42% of British businesses are keen to integrate open banking into their operations citing the potential benefits of increased security and fraud prevention. This comes as a study by Payit, NatWest’s open banking payment solution, found that one in five (22%) businesses spend more than 6 hours per month managing and storing sensitive customer information, such as card details. And with open banking solutions, they could use this time to build and grow their business.
AAA Life Insurance Company Selects One Inc’s PremiumPay® to Support Digital Payment Processing
One Inc, the leading digital payments network for the insurance industry, today announced that AAA Life Insurance Company (AAA Life) has selected its PremiumPay® solution to support the company’s digital payment processing capabilities. AAA Life will use PremiumPay as its primary platform for digital payment processing, offering policyholders a wider range of flexible, secure payment options while streamlining internal processing.
More People Have Bank Accounts but One in Ten Have No Cash Savings, FCA Survey Reveals
The Financial Conduct Authority (FCA) has found that one in ten people have no cash savings at all, and another 21% have less than £1,000 to draw on in an emergency. The regulator’s research also shows that one in four people in the UK have low financial resilience, meaning that they have missed payments, are struggling to keep up with commitments, or don’t have savings to help them through difficulties.