Other Industries. Carpe Data Santa Barbara-based start up providing next generation data for the insurance industry. Copyright © 2020 Carpe Data. 3, Issue 1) newsletter. Leveraging the social web, online content, wearables, connected devices, … On-Demand Data: Helps to streamline intake process by providing access to data. Carriers rely on efficiency to keep premiums low and attract new customers, however, the ability to validate identityand identify risk has traditionally been a time-consuming, expensive and manual process for insurers – until now. Riviera Data. For more information, visit the Carpe Data website at https://carpe.io/. Written by Roger Peverelli and Reggy de Feniks - Founders The DIA Community on 19 Sep, 2017. # # # About Carpe Data Carpe Data harnesses the power of emerging and alternative data for insurance carriers around the globe with powerful, proven AI. Carpe Data CEO Max Drucker was recently on a panel at InsureTech Connect 2018 on “Why Pilots Fail.” InsureTech Connect is the world’s largest InsureTech event, this year hosting over 6,000 attendees at the MGM Grand Las Vegas on October 2nd and 3rd. Stay Ahead of Fraudsters with a Robust Data Strategy, Carpe Data Expands ClaimsX Partnership with The Hanover, Six Ways Insurers Can Enhance Their Services to Small-Business Clients, The Hartford Taps New Data Sources For Small Business Underwriting, [Webinar Recap] Using New Data to Out-select the Competition, New Data Sources Key to Small Business Insurance in Shifting Landscape, Farmers Insurance Engages Carpe Data to Identify New Growth in Business Insurance Lines, [Webinar Recap] Automating Underwriting: Turn Art into Science, [Webinar Recap] Incorporating New Data Into the Claims Process, Project Scalambda: Carpe Data’s Open Source Community, Achieving Operational Efficiency and Automation Through Alternative Data Sources, Progress Amid Crisis: How Carpe Data Pivoted to an All-Remote Workforce, UK Insurers Face Challenges with COVID-19, Zurich Partners with Carpe Data to Combat Fraud and Increase Claims Efficiency through New Data, The Four Pillars of Insurance Data Enrichment, Carpe Data Announces Launch of ClaimsX Platform, Bolstering Your Data Fosters Underwriting Precision & Improved Rating for SME, Carpe Data Launches New Commercial Data-as-a-Service Platform, The 3 Biggest Challenges to Managing Web Data, Allstate Adopts InsureTech and Adapts with Next Generation Data, CEO Max Drucker Weighs In On “Why Pilots Fail” at InsureTech Connect 2018, Carpe Data’s New and Emerging Data Brings Insurance Into the Streaming Age, Pressures in the Insurance Industry and Their Solutions, From Disruptive to Collaborative: How Insurers View InsurTech Startups, Harnessing the Power of Data in the Insurance Industry, Carpe Data’s Max Drucker Scheduled to Speak at AASCIF 2018, InsureTech is the Solution to the Insurance Industry’s Data Verification Problem, Leveraging Data in the Evolving Insurance Industry, COO Geoff Andrews Showcases Carpe Data’s Product at DIA Amsterdam. They need to be properly equipped to implement it into their existing procedures and technology. As Thanksgiving approaches, there is a lot for insurers to deal with. With the Holidays kicking into high-gear, the Government’s procurement engine finally seems to be slowing down just a tad. With an industry so vast, it's no wonder that the carriers are looking to digital solutions, like Carpe Data's, to help lower claims costs for several reasons, one being new approaches to fraud fighting. Using the social web, content online, wearables, IOT connected devices, and other forms of Next Generation Data – Carpe Data’s products allows insurers to more accurately predict risk and fraud. Business/Productivity Software . Cons - Santa Barbara leaves a lot to be desired for young professionals. Over the next few years, the small business sector will open up to competition, yet many insurance companies are not well equipped to take advantage of the opportunity. Get traffic statistics, SEO keyword opportunities, audience insights, and competitive analytics for Carpe. Carpe Data provides next generation predictive scoring and data products to P&C and life insurance companies. In a new TED Talk-style Show & Tell presentation, Geoff presented Carpe Data's Claims Activity solution to over 1,000 attendees at the DIA Amsterdam conference. Carpe Data, Santa Barbara, California. Media and Information Services (B2B) Other Insurance. Carpe Data-Providing insurance companies with next generation data solutions, Carpe Data gathers and refines a range of emerging and alternative data sources that spans social media, online content, and everything in between. Are the insurance carriers who are slow to adopt the new InsureTech falling behind their competitors? Claims "Needle-in-a-haystack" insights on actionable claimant activity. Carpe Data harnesses the power of emerging and alternative data for insurance carriers around the globe with powerful, proven AI. Stay tuned for a press release with more detail or contact info@carpe.io for more information. Modernizing the insurance paradigm, we are committed to identifying and integrating emerging sources of data and providing new and exciting ways to think about risk. Next Generation Indexes: Helps with risk assessment profiles. Carpe Data works with more than 40 insurance carriers across the US, Canada, and the UK. Founded: 2016. As a leader in InsureTech in the U.S., Carpe Data is now introducing both its existing and new data solutions products tailored to international markets. The market is looking for InsureTech partners who can combine deep industry knowledge and experience, with a proven track record of delivering complex IT solutions. Carpe Data provides next generation predictive scoring and data products to P&C and life insurance companies by leveraging the social web, online content, and other forms of alternative data. Leveraging the social web, online content, email intelligence, connected devices, and other forms of advanced and alternative data, Carpe Data’s products enable insurers to more accurately predict risk and innovate with new products to meet changing customer habits. Formerly Known As. Sign Up. Carpe Data announced today that it has closed $6.6 million in Series A funding, led by Aquiline Technology Growth (ATG), with participation from the company's existing investors. Data analytics. Former Iowa Insurance Commissioner, Nick Gerhart, CFA, will formally be joining Carpe Data's Board of Directors, and will play a key role in enhancing and accelerating the company's innovation and growth. Carpe Data provides next generation data, predictive social scoring, and alternative insurance data products to life insurance and P&C companies. Email Finder Top Companies Company Search People Search Solutions About Us. The Top Priority for the Global Insurance Industry? Access your Carpe Data account. Max Drucker, CEO of Carpe Data, made a compelling presentation to the Annual NAIC Meeting attendees on the insurance use cases for next generation data. The landscape of the insurance industry is rapidly changing, thanks to the emerging technological world. Carpe Data is a next generation data company that provides predictive scoring and data products for insurers seeking a holistic view into each risk. When you look at data as a stream rather than a stagnant pool, you realize accessing it at a single point of time is antiquated. Carpe Data was the Advocacy Sponsor for the Isla Vista Youth Project's new infant/toddler classroom for the Isla Vista Children's Center. Carpe Data provides next generation predictive scoring and data products to P&C and life insurance companies by leveraging the social web, online content, and other forms of next generation data. Our innovative use of data analytics will allow Allstate to apply highly predictive online data to claims processing. Through access to continuous monitoring and predictive scoring, insurers gain deeper insight into risks in real-time and significantly enhance many aspects of the insurance life cycle including underwriting, claims, and book assessment. Ultimately, it’s hard to tell if this shift has more to do with the season of Its founders have been working together to innovate the insurance industry for more than 15 years. A data-as-a-service platform that provides decisioning, data, and insights from FNOL through settlement. Competitors: UNKNOWN. But data alone has little to no value to insurance companies without a way to analyze and extrapolate its patterns at scale. In this age of digital transformation, it is more important than ever for carriers to utilize new technology in order to best leverage the power of next generation data. Announcing Carpe Data: The Next Generation of Data for Insurance. However, any information available on the site may differ from what is currently offered from any Carpe Partner or by other financial services companies and service providers. Find related and similar companies as well as employees by title and much more. About The Hanover Carpe Data. Carpe Data provides next-generation predictive scoring and data products to property-casualty and life insurance companies. Add a new, more predictive dimension of data to your risk assessment profile. Carpe Data harnesses the power of emerging and alternative data for insurance carriers around the globe through powerful, proven AI. And it’s why we ensure our proprietary data assets are continuously monitored and updated for accuracy and reliability at any point in time. The answer lies in a third-party solution: InsureTechs. The experts at Oxbow Partners believe so. Carpe Data provides next generation predictive scoring and data products to P & C and life insurance companies. Answering the need for operational efficiency, Carpe Data designed a system that could analyze the overload of data, extrapolate its patterns at scale and deliver sub-second results via system-to-system interface. We’re excited to announce the launch of Carpe Data, a new business that focuses solely on providing the next generation of data to the insurance industry. Using proprietary algorithms and proven AI, Carpe Data harnesses the power of emerging and alternative data for insurance carriers around the globe. Carpe Data provides next generation data, predictive social scoring, and alternative insurance data products to life insurance and P&C companies. Carpe attempts to keep its information and tools and other Services as up-to-date as possible. Stay up to date on speaker and agenda Data in Paradise 2021 announcements, hotel deals, and more! Regulation in the Age of InsureTech Moderated by Nick Gerhart. The Future of Insurance David Connelly, Partner at EY . “The Carpe Data commercial dataset defines the rating factors of the future by providing real-time data which allows for faster and more accurate risk assessment,” said Drucker. Delivers relevant, accurate and predictive data to commercial insurance carriers for better classification and evaluation. Through access to continuous monitoring and predictive scoring, insurers gain deeper insight into risks in real-time and significantly enhance many aspects of the insurance life cycle including underwriting, claims, and book assessment. Carpe Data works with more than 40 insurance carriers across the US, Canada, and the UK. carpe.io Stay Ahead of Fraudsters with a Robust Data Strategy « Carpe Data A roundtable of insurance fraud experts gathered for a panel discussion on leveraging and … Carpe Data Overview. Watch our CEO Max Drucker interviewed by Oliver Wyman's team during InsureTech Connect's 2017 conference. While many insurance companies realize that new data is invaluable to success in the age of digital insurance transformation, they don't have the capabilities to access or interpret the new data sources available. • Carpe Data harnesses the power of emerging and alternative data for insurance carriers around the globe with powerful, proven AI. 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