Patra Corporation’s cover photo
Patra Corporation

Patra Corporation

Insurance

El Dorado Hills, California 28,211 followers

Patra is a leading provider of technology-enabled insurance outsourcing services and AI-powered software solutions.

About us

Patra is a leading provider of technology-enabled insurance outsourcing services and AI-powered software solutions. 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 6,500 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. Patra AI delivers a suite of advanced AI-powered solutions to automate complex insurance processes, enhance accuracy, and free your team to focus on growth. Experience the power of intelligent automation designed specifically for insurance distributors.

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, Certificates of Insurance, and AI-powered Services

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

  • 🚨 Are inefficient processes costing your agency millions? ➡️ https://hubs.la/Q03Lp7nR0 Insurance professionals spend 70% of their time on admin tasks instead of building client relationships. Meanwhile, competitors are capturing the opportunities you're missing. Our latest blog reveals: ✅ The hidden costs of processing bottlenecks ✅ 3 critical areas where improvements deliver ROI ✅ A 30-day action plan you can implement today Over 880 insurance organizations have already transformed their operations. Isn't it time you joined them? Read the full guide on our website. #InsuranceProcessing #OperationalExcellence #InsuranceAgency

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  • Are operational challenges holding your agency back? ▶️ https://hubs.la/Q03Lp5zJ0 At Patra, we specialize in solving the unique hurdles faced by insurance agencies including workforce shortages, high workloads, and back-office inefficiencies. By leveraging our tech-enabled services and expert team, we help agencies reduce costs, enhance efficiency, and focus on what truly matters: performance and customer retention. Our solutions include: ✅ OnDemand Services for streamlined back-office processing ✅ ROI-driven Select services for small book business management ✅ Virtual Assistants to handle administrative tasks, reducing turnover and talent shortages Discover how we can transform your agency's operations and improve outcomes today. Watch the full video to learn more! #insuranceoutsourcing #insurtech #patra #ai

  • 🚀 Discover the Future of Insurance Operations with Patra AI ▶️ https://hubs.la/Q03Lp4L00 Tired of the challenges like manual workflows and unstructured data slowing you down? At Patra, we’ve designed a game-changing suite of AI-driven insurance solutions to transform the way your organization operates. 🔑 What can you expect from Patra AI? • 300% boost in operational efficiency • Policy Checking AI with 99.5% accuracy and 80% faster processing • 85% reduction in manual validation with Policy Data Extract AI • 87% faster quote comparisons while maintaining a 99% accuracy rate ✨ The Results Speak for Themselves With optimized processes, our clients have seen a 40% increase in cross-sells, a 30% rise in close ratios, and up to 25 additional clients serviced monthly! 🎥 Watch the video to learn how Patra AI can help your organization achieve new levels of efficiency and growth. #InsuranceOutsourcing #Patra #AI

  • Are you ready to transform your insurance sales career? Imagine a role where you can stop the commute and gain the flexibility of working from anywhere, all while advancing professionally. ➡️ https://hubs.la/Q03LP_ql0 We are expanding our Patra Direct team and looking for driven insurance professionals to join us in a 100% remote capacity. This is your chance to become part of a growing, dynamic team dedicated to providing top-tier insurance solutions. Focus your energy on what you do best—protecting clients—without the hassle of a daily commute. Take control of your career and work-life balance. Apply today! #Hiring #RemoteWork #WorkFromHome #Insurance #InsuranceOutsourcing #BPO #Patra

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  • Wrap Up Admin Firm Helps Brokers Win Billions by Partnering with Patra ▶️ https://hubs.la/Q03Lp2Qj0 Managing wrap-up programs for over 500 projects, totaling $100 billion in construction value, is no easy feat. For one of the nation’s largest wrap-up administration agencies, enrolling contractors and issuing eligibility reports for 325+ sites every week was taking a toll on their productivity. That’s why they turned to Patra. By outsourcing contractor eligibility report distribution to Patra’s OnDemand insurance processing services, the agency reclaimed 32 hours a week, allowing their team to focus on critical tasks like vetting contractors and talent development. “Patra has become an integral administration partner. Their scalable support and 24-hour availability have transformed how we operate,” shared the agency’s senior vice president. Now, the firm plans to take their efficiency to the next level with a Patra Virtual Assistant. Curious how Patra helps wrap-up administrators increase operational efficiency, cut costs, and build stronger relationships with brokers and builders? Read the full success story at our website. #InsuranceInnovation #WrapUpAdministration #PatraSolutions

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  • Unlock effortless policy management with Patra’s Policy Issuance services. ▶️ https://hubs.la/Q03Ln-t40 Designed to simplify the most complex procedures, this service streamlines policy issuance processes while ensuring unparalleled accuracy. By eliminating inefficiencies and reducing errors, it allows insurance organizations to save valuable time and allocate resources to what matters most—providing exceptional customer experiences. With Patra handling this critical part of your operations, you can focus on building stronger client relationships and driving business growth. Precision, speed, and expertise are on your side every step of the way. 👉 Watch the video now on our website and discover how our Policy Issuance services can elevate your operations. #InsuranceOutsourcing #PolicyIssuance #Patra #Insurance

  • ⚖️ AI can process data, but it can't navigate regulatory nuance! 🧠 ➡️ https://hubs.la/Q03Lp1dJ0 Our latest blog explores why human insurance professionals remain essential for managing complex cases, ethical dilemmas, and regulatory compliance in an increasingly AI-driven industry. Discover why human judgment creates irreplaceable value: ✅ Developing creative solutions for risks that defy categorization ✅ Making ethical decisions that balance multiple stakeholder interests ✅ Interpreting the spirit and letter of complex insurance regulations The future belongs to organizations that leverage AI for efficiency while preserving human expertise for the judgment-intensive aspects of insurance distribution! 📊 #InsuranceCompliance #AIRegulation #InsurTech #RegulatoryLaw #InsuranceEthics #HumanJudgment #Patra

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  • Patra Corporation is gearing up for Applied Net in Las Vegas next week! Visit Booth #521 to meet our team and experience demos of our Policy Checking and Quote Compare solutions in action. These innovative tools automate complex insurance processes and enhance accuracy so your team can focus on growth, customer acquisition, and retention. Be sure to ask about our free trial and stop by to discover how Patra AI can transform your operations. #AppliedNet2025 #PatraAI #InsuranceInnovation #Patra Patra team: Brett C., Brian Smith, Glen Carey, Jose R. Ramirez, Dennis Colantonio, Adria Penna https://hubs.la/Q03Lxh4k0

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Funding

Patra Corporation 1 total round

Last Round

Private equity

US$ 146.0M

Investors

FTV Capital
See more info on crunchbase