Accelerate small business underwriting with proprietary intelligencethat extracts only the most predictive online data and transforms theminto actionable insights for your team.
Our revolutionary data products help insurance carriers do two things—drive automation and improve outcomes.
Minerva accelerates underwriting and eliminates adverse selection by refining insurers’ appetite for small commercial risks.
Harnessing the entirety of publicly available online content, Minerva sources millions of data points associated with almost any small business in America. Minerva then combines advanced data science techniques with AI and other machine learning to extract unique and predictive insights that are proven to predict loss with greater accuracy than traditional risk assessment strategies.
- Proprietary data on 90% of insurable small businesses across all industries.
- Hundreds of curated risk attributes by segment and line of business
- Continuously updated to ensure data quality and relevancy.
- Results delivered via API in less than a second
Minerva Product Categories
- Classify & Describe
- Measure & Predict
Classification
Profile
Accurate and consistent data to power the precision of your classification.
Business
Characteristics
Uncovers current characteristics of a business to better analyze risk
GeneralBusinesses
Index
Measures and predicts various impacts of business performance.
“Allstate is always searching for better ways to leverage the power of data to improve our claim process... Carpe Data helps support Allstate’s ongoing efforts to seamlessly integrate data to help our people make the best, most accurate and timely decisions.”
Glenn Shapiro, President
Personal Property-Liability
“By integrating new data elements from Carpe Data into our insurance programs for small businesses, we can better understand the challenges faced by business owners and identify options to address their commercial insurance needs.”
Sharon Fernandez
President of Business Insurance
"Carpe Data is the latest addition to Zurich’s ongoing innovation programs focused on transforming the future of insurance...[Carpe Data] supports Zurich’s ongoing efforts to improve the claimant experience by expediting low-risk claims, and by providing new insights to help our people make informed, accurate, and timely decisions."
Scott Clayton
Head of Claims Fraud, UK
"Carpe Data has been a great partner in helping us strengthen the claims handling process...ClaimsX helps [us] continue to meet our goals of increased efficiency, reduced potential fraud and improved customer experiences.”
