Insight Assurance vs Thoropass
How two SOC 2 audit firms compare on price, timeline, framework coverage, and fit — and how to decide between them.
| Insight Assurance | Thoropass | |
|---|---|---|
| Typical price | $12K–$45K | $12K–$45K |
| Type 2 timeline | 7–16 weeks | 6–16 weeks |
| Firm tier | National firm | Automation-led |
| Frameworks | SOC 1, SOC 2 Type 1, SOC 2 Type 2, ISO 27001, HIPAA, PCI DSS, GDPR | SOC 1, SOC 2 Type 1, SOC 2 Type 2, ISO 27001, HIPAA, PCI DSS |
| Industry focus | SaaS, Fintech, Healthcare | SaaS, Fintech, Healthcare, AI / ML |
| Regions | United States, Global | United States, Global |
| AICPA-licensed | Yes | Yes |
| Headquarters | Tampa, Florida | New York, New York |
How Insight Assurance and Thoropass differ
On price, Insight Assurance and Thoropass land in a similar range ($12K–$45K vs $12K–$45K), so cost is unlikely to be the deciding factor. Insight Assurance covers more frameworks (7 vs 6), which matters if you want to bundle SOC 2 with ISO 27001, HIPAA, or PCI under one engagement. They also sit in different tiers — Insight Assurance is national firm, Thoropass is automation-led — which shapes the price, process, and brand recognition on the report.
Insight Assurance strengths
- ✓Licensed CPA firm, PCI QSA, and ISO 27001 certification body
- ✓Founded and staffed by former Big Four auditors
- ✓Single provider across SOC, ISO, PCI, and HIPAA
Thoropass strengths
- ✓Integrated platform-plus-audit with in-house licensed CPA affiliate
- ✓Single workflow from evidence to audit
- ✓Supports SOC 2, ISO 27001, HIPAA, HITRUST, PCI
Which should you choose?
Lean toward Insight Assurance if budget is the priority and its scope fits; lean toward Insight Assurance if you want the broadest framework coverage in a single engagement. Thoropass additionally brings AI / ML experience that Insight Assurance does not list. Both are AICPA-licensed, so either can issue a report your customers will accept — the fastest way to decide is to get quotes from both on identical scope.
Frequently asked questions
Is Insight Assurance or Thoropass cheaper for SOC 2?
Insight Assurance typically ranges $12K–$45K and Thoropass $12K–$45K. On typical midpoints, Insight Assurance tends to be the lower-cost option, but neither publishes fixed pricing, so a scoped quote from each is the only reliable comparison.
Which covers more frameworks, Insight Assurance or Thoropass?
Insight Assurance lists more frameworks (SOC 1, SOC 2 Type 1, SOC 2 Type 2, ISO 27001, HIPAA, PCI DSS, GDPR), which is an advantage if you plan to bundle SOC 2 with other assurance standards.
Are Insight Assurance and Thoropass both AICPA-licensed CPA firms?
Yes. Both Insight Assurance and Thoropass are AICPA-licensed CPA firms, which is required to issue a SOC 2 report. Either firm's report carries the same recognition with your customers.