U.S. Insurtech Bamboo Insurance Partners With Socotra to Power Existing Insurance Offerings & New Product Lines

Bamboo Insurancea U.S.-based insurtech platform, announced on Monday it has partnered with global insurers’ core system Socotra to power its existing insurance offerings and new product lines.

Founded in 2018, Bamboo describes itself as a newly formed insurance organization that offers flexible and transparent insurance options, including homeowners, dwelling fire, flood, and earthquake insurance. The company is now operating in California.