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Carpe Data

The next generation of data for insurance.

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Overview

Carpe Data leverages publicly available online information to provide predictive insights for insurance carriers. Their solutions help underwriters to better understand the risks associated with individuals and small businesses by analyzing data from social media, websites, and other online sources. This alternative data provides a more current and holistic view of risk.

✨ Key Features

  • Alternative and online data analysis
  • Predictive scoring for underwriting
  • Small business risk assessment
  • Claims fraud detection
  • Real-time data monitoring

🎯 Key Differentiators

  • Focus on alternative and online data sources
  • AI-powered analysis of unstructured data
  • Real-time monitoring of risk signals

Unique Value: Uncovers hidden risks and opportunities by tapping into the vast amount of publicly available online data.

🎯 Use Cases (3)

Commercial and personal lines underwriting Claims validation and fraud investigation Continuous risk monitoring

✅ Best For

  • Identifying undisclosed business activities for commercial policies
  • Detecting potential fraud in workers' compensation claims

💡 Check With Vendor

Verify these considerations match your specific requirements:

  • Underwriting that relies solely on traditional credit data

🏆 Alternatives

Planck Verisk LexisNexis Risk Solutions

Provides a more dynamic and forward-looking view of risk compared to traditional data sources that are often backward-looking.

💻 Platforms

Web API

🔌 Integrations

API Integration with insurance platforms like Duck Creek and Guidewire

🛟 Support Options

  • ✓ Email Support
  • ✓ Phone Support
  • ✓ Dedicated Support (Enterprise tier)

🔒 Compliance & Security

✓ GDPR

💰 Pricing

Contact for pricing

Free tier: NA

Visit Carpe Data Website →