Solstice Innovations Inc. is committed to providing comprehensive, reliable, and affordable insurance technology solutions, to insurers. Led by the founding team of Travis Pine and TJ Johnston, both experts in the flood insurance and technology world (they are the founders of the now Marsh-owned Torrent Technologies business), Solstice was founded on the principles of integrity, trust, and customer satisfaction, having built a reputation for excellence in the insurance industry. The team and company are uniquely positioned to know where the power of technology facilitates the growth of their clients’ businesses – specifically in the NFIP, private flood and property spaces.
The Solstice solution is simple and accessible, helping clients make informed decisions to safeguard their businesses and accelerate growth. Solstice believes that their products are more than just technology. They are the fabric that can transform a business.
Travis Pine, founder and flood expert of many years shares his core values and company ethos; ‘We designed Solstice to solve for problems we observed in the market from day one. Our clients needed a solution that they could own, needed little configuration and transformed how they operate. Our solution gives clients the power to be flexible without being inherently dependent on any particular solution. The Solstice model allows clients to focus on two primary goals: (1) growth through enhanced tools that both simply the process while also providing real-time access to important KPIs, often driven by AI; and (2) expense reduction leveraging back-office automation and transparency’.
If you are in the flood or property space, we would love to speak with you. Let us do your hard work for you and free you to focus on the tasks and challenges that accelerate your business.
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Over 20 years ago, I pivoted from a successful tech start-up career in Seattle, WA during the dotcom boom to a wildly different industry: flood insurance. It was an unexpected move but a very exciting time as I was able to bring leading technology solutions and innovation of that era into the insurance industry. Partnering with insurance industry veteran, Theresa “TJ” Johnston, a long-term flood insurance expert, we combined our respective disciplines and joined forces to found InsurTech start-up, Torrent Technologies, Inc. (“Torrent”), in 2005; focused on tackling some of the most significant technology and back-office servicing challenges in the National Flood Insurance Program (“NFIP”) at that time.
During that time, we made amazing friendships with a wide array of successful insurance leaders, some of whom have joined forces with Solstice along the way. Most of these folks wondered why the disruptive technology and services platform we developed at Torrent for the NFIP couldn’t be extended and leveraged in homeowners and other P&C lines and not only encouraged us to “get the band back together”, but in many cases, implored that we do so. But this time, on a much broader scale leveraging the enhancements in technology over the past 2 decades. Enter stage left…Solstice; comprised of a leadership team that has successfully worked together for over 20 years solving technology and back-office servicing challenges in the insurance industry.
We repeatedly heard the same or very similar horror stories of companies spending millions of dollars attempting to modernize their legacy systems only to find themselves facing perpetually stalled or derailed system rebuilds. And for the companies that sought relief from 3rd-party software providers, they invariably experienced a never-ending stream of invoices from these vendors or were required to seek expensive, outside consultants for the very software they just spent a fortune licensing from a software provider. This meant, after spending millions to license a software package, they were faced with spending sometimes 1 or 2 times as much, just to make that “out-of-the-box” software actually work for their business. Then, anytime they needed to make a change or try to improve their software, they got slapped with pricey IT Services invoices for projects that were often met with frequent delays and were almost invariably more expensive that quoted. They were essentially forced to continue paying for IT professional services just so they could keep their business running on outdated and underperforming platforms.
That just didn’t seem like the right way to do business or create long-term partnerships based on aligned success. After all, technology is supposed to be an accelerator, not a leash with an open checkbook for IT contractors. So, after selling Torrent to Marsh USA, we decided it was time to get back to work, but this time, starting with a much more flexible pricing model that makes it affordable to have the absolute best and latest in technology across all lines of P&C. This, while also giving the power back to our client-partners with an intuitive product, removing the current dependencies on their software vendors to simply make the software they’ve already paid for actually work for them.
If this story piques your interest, I would love to discuss with you in more detail and take a deeper dive into how we can help you transform your business into a digital era. Or maybe you just want to kick around some ideas on solutions to your largest pain points; we love a big challenge! Solstice wants to become your long-term strategic technology partner and not just another software vendor. Solstice knows insurance and technology like no other company in the market today. Let us help you take your company to the next level.
Do better, with Solstice.
Thank you for your time.
Solstice is a software company that was formed in 2018 to focus on changing the way Flood, Homeowners, and other P&C insurance carriers and MGAs leverage, procure, utilize, and fund technology. We are leading a new paradigm shift that will change the industry forever. Solstice was inspired by and built for insurance industry executives.
The Solstice team built their reputation in the insurance industry as leaders and innovators in digital solutions. We have a proven track record of building technology to accelerate, modernize and change the future of an entire insurance sector.
Solstice Innovations is not affiliated with the U.S. government or any federal flood or P&C insurance program. We are committed to protecting your privacy, as detailed in our Privacy Policy and Terms of Use. Solstice.tech is operated by Solstice Innovations LLC, a licensed brokerage specializing in flood and P&C insurance.