Patra Corporation

Patra Corporation

Insurance

El Dorado Hills, California 19,827 followers

Leading provider of technology-enabled insurance outsourcing.

About us

Patra is a leading provider of technology-enabled insurance outsourcing. Patra powers insurance processes by optimizing the application of people and technology, supporting insurance organizations as they sell, deliver, and manage policies and customers through our PatraOne platform. Patra's global team of over 6,000 process executives in geopolitically stable and democratic countries that protect data allows agencies, MGAs, wholesalers, and carriers to capture the Patra Advantage – profitable growth and organizational value.

Website
http://www.patracorp.com
Industry
Insurance
Company size
5,001-10,000 employees
Headquarters
El Dorado Hills, California
Type
Privately Held
Founded
2005
Specialties
Insurance Outsourcing Services, Insurance Staffing, Back-office Production, Insurance Production, Insurance BPO, Insurance Technology, Policy Checking, and Certificates of Insurance

Locations

  • Primary

    1107 Investment Blvd

    El Dorado Hills, California 95762, US

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  • D. No. 37-5-88/1

    Manchukonda Gardens, NH-5

    Muralinagar, Visakhapatnam, Andhra Pradesh 530007, IN

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  • Phase 2 Building

    Tech Mahindra Campus

    Old Resapuvanipalem, Visakhapatnam, Andhra Pradesh 530013, IN

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  • Hanudev Infopark Pvt. Ltd., C Block

    Udaiyampalayam Main Road

    Nava India Rd, Coimbatore, Tamil Nadu 641028, IN

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  • Grand Meridian

    Railway Station Road

    Fafhadih Chowk, Raipur, Chhattisgarh 492009, IN

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  • Doddanekkundi Industrial Area Rd

    Ferns City, Industrial Area

    Hoodi, Bengaluru, Karnataka 560048, IN

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  • IBM Plaza

    8 Eastwood Ave

    Brgy. Bagumbayan, Quezon City, PH

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Employees at Patra Corporation

Updates

  • View organization page for Patra Corporation, graphic

    19,827 followers

    🚀 Major Announcement from Patra! 🚀 We are thrilled to announce the launch of Patra PolicyCheckingAI Self-service - the industry's FIRST Self-Service solution that brings automated policy checking to in-house teams! Patra’s new self-service solution is revolutionizing the practice of policy checking, providing the most sophisticated AI-based automation available on the market, enabling in-house teams to check policies with unparalleled speed and accuracy. Featuring Patra’s proprietary, patent-pending technology which combines advanced Artificial Intelligence (AI) capabilities with intuitive workflows and 900+ data point policy checklists, Patra’s PolicyCheckingAI streamlines the tedious process of policy checking while reducing E&O exposure and ensuring accuracy and quality. Key Benefits: Patent-Pending Technology: Harness the power of AI/ML technology for intuitive data extraction. Standardized Workflow: Enjoy a step-by-step workflow that delivers consistent, high-quality output. Comprehensive Policy Review: Automated detailed reviews of form and endorsement schedules across 900+ data points. Discrepancy Report & Summary: Easily identify inaccuracies with color-coded reports for quick review and action. PolicyCheckingAI Self-Service is designed specifically for agencies seeking to manage policy checking internally. With an intuitive, user-friendly experience, this AI-driven solution is 80% faster than traditional manual processes as it automatically extracts, compares, and highlights discrepancies between multiple policy versions. 👉 Be among the first to experience the future of policy checking. Learn more and get started with PolicyCheckingAI today! Read the Press Release >> https://lnkd.in/gHqw4vda Learn More >> https://lnkd.in/gcmjgAKf #Patra #PolicyChecking #AI #AutomatedPolicyChecking #PolicyCheckingSolution --- Feel free to like, share, and comment! Let's transform the way we handle policy checks together. 🌟

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  • View organization page for Patra Corporation, graphic

    19,827 followers

    A The Council of Insurance Agents & Brokers Diamond Partner, Patra Corporation is excited to return to The Broadmoor for the CIAB Insurance Leadership Forum 2024 on October 4-8. Patra has partnered with The Council to bring CIAB members the best tech-enabled outsourcing services, providing insurance processing, innovative technology, and workflows to retail agencies, wholesalers, and carriers nationwide. Meet with the Patra executive team during #ILF2024 to see how the combination of technology-based solutions and teams of global experts can transform your operations and allow you to focus on growth. https://hubs.la/Q02K8jgS0

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  • View organization page for Patra Corporation, graphic

    19,827 followers

    Patra Corporation is thrilled to be a Platinum Sponsor of the Patriot Growth Insurance Services, LLC IMPACT Growth Summit next week. A preferred partner of Patriot Growth Insurance Services, Patra provides tech-enabled insurance outsourcing solutions to streamline policy and administrative workflows, and helps partner agencies maximize efficiency and gain more capacity to focus on growth. Connect with our team, Jose R. Ramirez and Sharon H Kern, at the event to learn more.

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  • View organization page for Patra Corporation, graphic

    19,827 followers

    Patra just announced the expansion of its AI-powered PolicyChecking AI Self-service solution. Just one month since the release of the Self-service version of its PolicyChecking AI platform, Patra has more than tripled the lines of business available and added new and enhanced functionality to further streamline the critical process of checking policies. ✔️ Broadened LOB Support - Today, PolicyChecking AI Self-service covers nearly 20 lines of business ✔️ Expanded Policy Header Checklist & Form Comparison Capabilities: The policy header checklist and form comparison features now allow clients to create activities through policy header and forms capture and comparison. ✔️ Checklist Export: Clients can now export summary results (both policy checklists and forms comparison) in PDF format, ✔️ Self-service Admin Capabilities: Clients can set up and configure their organizational structure and manage users directly within the platform. Read about all the new enhancements HERE > https://hubs.la/Q02JpX5G0

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Funding

Patra Corporation 1 total round

Last Round

Private equity

US$ 146.0M

Investors

FTV Capital
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