# Soteris

> Machine learning software for P&C insurance underwriting and pricing

## At a glance

| Field | Value |
| --- | --- |
| Category | Underwriting & Risk |
| Type | Solutions Provider |
| Region | NA |
| Headquarters | Glen Allen, Virginia, USA |
| Founded | 2018 |
| Stage | Growth |
| Employees | 1-10 |
| Funding | Seed |

## Overview

Soteris is a machine learning software company serving P&C insurers and managing general agents with automated underwriting and pricing tools for auto insurance. The company focuses on policy-level risk scoring, enabling carriers and MGAs to more accurately select and price individual risks at point of sale.

The platform delivers API-first predictive scoring that integrates with existing rating, quoting, and policy administration systems -- including both modern and legacy environments. Core offerings span underwriting decisioning, portfolio analytics, E&S pricing, and claims reserving support, all built on proprietary ML models trained on insurance-specific data.

Founded in 2018 by Sunit Shah, a pricing expert with a background in life insurance modeling and P&C portfolio management, Soteris raised USD 8.2M across two funding rounds including a Y Combinator pre-seed in 2019 and a USD 8M venture round in 2025. The company serves clients targeting loss ratio improvement and profitable volume growth.

## Products & services

### AI Underwriting & Sales Decision

Policy-level decisioning tools that score submissions at point of sale, integrating into underwriting and pricing workflows across modern and legacy policy administration systems.

**Key features:**

- Real\-time predictive scoring in under one second
- API\-first architecture for rating, quoting, and policy admin integration
- Supports both modern and legacy system deployment

*Target users:* P&C carriers and MGAs

### AI Actuary Copilot

Portfolio intelligence platform providing real-time analytics for proactive portfolio management, helping underwriters and actuaries monitor and manage aggregate risk exposure.

**Key features:**

- Portfolio\-level risk monitoring
- Proactive management alerts
- Data visualization for actuarial analysis

*Target users:* Actuaries, underwriting managers, portfolio managers

### E&S Pricing Engine

Real-time surplus lines pricing tools for specialty and excess and surplus markets, enabling rapid pricing on hard-to-place risks.

**Key features:**

- Real\-time E&S risk pricing
- Specialty market focus
- Integrates with existing E&S workflows

*Target users:* E&S carriers and MGAs

### Claims & Reserving Integrity

Claims system integration tooling that applies underwriting intelligence to claims management and loss reserving processes.

**Key features:**

- Underwriting\-informed reserving
- Claims system integration
- Loss ratio improvement analytics

*Target users:* Claims teams, actuaries

## Category & focus

- Subcategories: Automated Underwriting, Risk Scoring, Predictive Pricing, Portfolio Analytics
- Insurance verticals: P&C Personal, P&C Commercial, Specialty/E&S
- Target customers: Carriers, MGAs/MGUs

## Notable customers

- Undisclosed P&C insurers \(case studies reference 2\.9x volume growth and 14\-point loss ratio improvement\)

## Links

- Website: <https://soteris.ai>
- Directory profile: <https://insurtechlist.com/companies/soteris/>
- Linkedin: <https://www.linkedin.com/company/soteris-inc>
- Trust center: <https://app.vanta.com/soteris.co/trust/ial4tlhcvpiyhekidsgsh>

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*Last updated: 2026\-06\-06*