P&C represents about a third of all insurance premiums overall, however growth has remained stagnant relative to GDP. In order…
Category: Blog
Ashley Fong Takes Home Prestigious Business Insurance ‘2021 Break Out Award’
Ashley Fong, our Director of Technical Operations and all-around automation Jedi, has never shied away from a challenge during her…
Using New Data to Classify, Describe, and Select Commercial Business
The digital age has forced the insurance industry to look beyond the data sources traditionally used by underwriters. Clunky and…
How Insurers are Turning the Lessons of COVID into Tomorrow’s Business Advantage
Since the pandemic hit, it’s almost impossible to name a business or industry which has not been affected, and had…
Overcoming the Conflict Between Fraud Detection and Good Customer Experience
Customer experience is central to any carrier’s continued growth, but what are the hidden costs? What if improved product efficiency…
[Webinar] Claims and Fraud Transformation and Innovation
Transformation and innovation haven’t come easy to the insurance industry, especially when it comes to legacy carriers. Change forced its…
Pandemic Spurring Automation in Small Commercial Insurance
In this episode of AMBest Audio, recorded with John Weber, Carpe Data CEO, Max Drucker discusses why he believes the…
Stay Ahead of Fraudsters with a Robust Data Strategy
This post is based on a live panel discussion from the Insurance Innovators Digital Summit on November 25th, 2020 featuring;…
AMA – Ask Max Anything
In this “Ask Me Anything” session, Carpe Data CEO Max Drucker covers everything from the first days on InsureTech (it’s…
Six Ways Insurers Can Enhance Their Services to Small-Business Clients
This article was written by Carpe Data CEO Max Drucker for PC360. You can view the original article here. While…
Employee Spotlight: Amber McGaughey
As one of Carpe Data’s Customer Success Coordinators, Amber is crucial in helping our clients get the best out of…
[Webinar Recap] Using New Data to Out-select the Competition
Providing coverage for small businesses just went from challenging to difficult. New challenges demand new data elements, sourced from emerging…
New Data Sources Key to Small Business Insurance in Shifting Landscape
As commercial insurance companies throughout the U.S. continue to look to expand their book of small business clients, they face…
[Webinar Recap] Automating Underwriting: Turn Art into Science
Providing coverage for small businesses just went from problematic to difficult. New challenges demand new data elements which must be…
[Webinar Recap] Incorporating New Data Into the Claims Process
New external data sources can augment a carrier’s existing data and modeling to digitize claim processes. These sources improve efficiency,…
Project Scalambda: Carpe Data’s Open Source Community
What started as an internal project over a year ago has evolved into a full-fledged open source project that aims…
Employee Spotlight: Camille Dufau
Carpe Data is full of incredible talent, each with their own stories about what makes our company and our work…
Employee Spotlight: Avani Rathod
Carpe Data is full of incredible talent, each with their own stories about what makes our company and our work…
Achieving Operational Efficiency and Automation Through Alternative Data Sources
This blog is based on a webinar presented by Carpe Data CEO Max Drucker for Carrier Management’s Virtual Insurtech Summit…
Employee Spotlight: Kait Joven
Carpe Data is full of incredible talent, each with their own stories about what makes our company and our…
Progress Amid Crisis: How Carpe Data Pivoted to an All-Remote Workforce
Progress Amid Crisis: How Carpe Data Pivoted to an All-Remote Workforce It’s certainly a strange time in the world, but…
UK Insurers Face Challenges with COVID-19
COVID-19 UK update: March 2020 This post was written by our new Business Development Director for the UK, Andrew Lowe,…
The 5 Commandments of Data for Insurance
The 5 Commandments of Data for Insurance In October 2019, Carpe Data hosted its first inaugural insurance data conference, Data…
The Four Pillars of Insurance Data Enrichment
The Four Pillars of Insurance Data Enrichment Carpe Data was recently featured in a report published by the Aite…
Bolstering Your Data Fosters Underwriting Precision & Improved Rating for SME
Insurers in the small to mid-size business underwriting game know that quality data acts as a risk reducer, proprietary advantage,…
The 3 Biggest Challenges to Managing Web Data
Most modern insurers are already leveraging web data in one way or another, though often manually and focused only on a small subset of claims incurred by a carrier. Even then, scaling up what is undoubtedly a time-consuming and resource-intensive method is next to impossible without a driving technology. How can this information be identified and leveraged in a scalable way?
Allstate Adopts InsureTech and Adapts with Next Generation Data
In an increasingly competitive and digital marketplace, insurance companies worldwide must learn to adopt techniques that leverage next generation data…
CEO Max Drucker Weighs In On “Why Pilots Fail” at InsureTech Connect 2018
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.
Carpe Data Named to InsurTech 100 List
Carpe Data has been chosen by Fintech Global as one of the InsurTech 100 as a tech pioneer transforming the global insurance industry and as one of the world’s most innovative providers of digital solutions.
Carpe Data’s New and Emerging Data Brings Insurance Into the Streaming Age
The future of insurance is well and truly here: the only way insurance carriers will be able to survive and…
Pressures in the Insurance Industry and Their Solutions
New data can be incredibly helpful, but only if carriers have the capability to properly organize and digitize it. They need to be properly equipped to implement it into their existing procedures and technology.
From Disruptive to Collaborative: How Insurers View InsurTech Startups
InsureTech startups are now increasingly seen as collaborative partners that can help insurers offer cutting-edge services and enter new markets.
Harnessing the Power of Data in the Insurance Industry
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. Many insurance companies have already done so, engaging innovative InsureTech companies like Carpe Data to analyze emerging data.
Carpe Data’s Max Drucker Scheduled to Speak at AASCIF 2018
The Carpe Data team will be attending the AASCIF 2018 conference next week in Minneapolis, Minnesota. It’s an exciting opportunity to see Max Drucker speak about emerging data sources and the ways carriers are using them across the insurance life cycle.
InsureTech is the Solution to the Insurance Industry’s Data Verification Problem
If only a quarter of insurers are verifying their data, how can anyone be sure of its quality and relevance? The answer lies in a third-party solution: InsureTechs.
Leveraging Data in the Evolving Insurance Industry
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. In order to evolve with this change, it is critical for insurers to build tailor-made solutions.
COO Geoff Andrews Showcases Carpe Data’s Product at DIA Amsterdam
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.
The Top Priority for the Global Insurance Industry? Improving Technology.
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’s COO Geoff Andrews Speaks at DIA Munich
This past week, our COO Geoff Andrews spoke at DIA Munich’s annual conference, who invited him to present one of their coveted “Show & Tell” sessions.
Conversation: It’s Time for Business Teams to Tackle Technology
Watch our CEO Max Drucker interviewed by Oliver Wyman’s team during InsureTech Connect’s 2017 conference.
Carpe Data at the Annual NAIC Meeting
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.
InsureTech: Technological Disruption within a Traditional Industry
The landscape of the insurance industry is rapidly changing, thanks to the emerging technological world. InsureTech is beginning to take hold of the typically traditional industry, altering it in ways previously unimaginable.
The Small Business Commercial Insurance Market
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.
Thanksgiving and Risk
As Thanksgiving approaches, there is a lot for insurers to deal with. The holidays are a time of increased risk for policyholders, and carriers often see a rise in claims around Thanksgiving and Black Friday.
The Right Way to Leverage Online Data for Insurance
In the insurance industry today, next generation data’s use across the policy life cycle is one that has been dominating the space of InsureTech thought leaders across the country.
Announcing Carpe Data: The Next Generation of Data for Insurance
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.
