Carpe Data is pleased to announce their selection to the InsurTech 100 as a tech pioneer transforming the global insurance industry, having been identified as one of the world’s most innovative providers of digital solutions by FinTech Global.
The companies were identified by research firm FinTech Global. Carpe Data was selected out of 637 InsurTech companies by a panel of analysts and industry experts for their innovative use of technology to either solve an industry problem or generate savings across the insurance value chain.
“All insurance companies are aware they need to rethink their business models,” said Richard Sachar, director of FinTech Global. “The InsurTech 100 identifies some of the solution providers that could become their competitors or partners in the next few years.”
InsurTech is one of the most valuable sectors within the FinTech space. Since 2015, over $7 billion has been invested in InsurTech solution providers as insurance firms realize the transformative impact they are having on the industry.
Carpe Data serves the insurance industry with fully automated data and predictive scoring products, with offerings that allow both P&C and life carriers to gain greater insight into risks and enhance all aspects of the insurance life cycle. The Carpe Data team boasts veteran status in technology and next generation data, creating product offerings with a proven 10x ROI and reflect the company’s core values of privacy, productivity, and innovation.
A full list of the InsurTech 100 can be found at http://www.theinsurtech.com.