- With 45 million business profiles, Carpe Data specializes in synthesizing online data into predictive insights that help commercial underwriters better understand the businesses they insure, price policies correctly, and avoid adverse selection. With 300+ million individual profiles, Carpe Data monitors and alerts carriers for possible fraud throughout the claims cycle. These insights provide massive scale, superior coverage, lower fraud, and better insurance outcomes.
- By expanding online data coverage by 10x at one-tenth the current cost, finding more fraud, streamlining operational efficiency, pricing more accurately, reducing cycle times through confirming online facts instantly, and avoiding adverse selection – Carpe Data clients enjoy up to 10x ROI (or more) straight to the bottom line. An investment in Carpe Data solutions is one of the fastest routes to realizing increased profitability available to the insurance industry today.
- Underwriters and claims staff are stretched to capacity and have critically low bandwidth to search and analyze online data to better understand their customers. Through massively scalable and always-on AI, Carpe Data relieves client staff of these tedious tasks so they can focus on core tasks, avoid toxic online burnout and reduce the risk of implicit bias.
- Carpe Data engineers solutions to operate within our clients’ existing workflow – thereby minimizing disruption and offering optimal convenience. In addition, Carpe Data offers single price “buffet” access to all data – maximizing client success. In short, Carpe Data acts as a Partner, not a vendor.
Carpe Data provides insurtech solutions that transform unstructured and chaotic online data into business clarity and predictive insights - reducing loss and delivering better insurance outcomes.
Through unique insights and cutting-edge technology, Carpe Data scours billions of websites and social media pages to gather digital artifacts that provide valuable predictive insights for commercial underwriting and personal claims. For carriers, this can represent up to 10x additional online coverage at one-tenth their current human based cost.View All Partners