Measure & Predict
What are customers, employees and the community actually saying about this business?
What are customers, employees and the community actually saying about this business?
MEASURE & PREDICT
Within the Minerva data suite, scores and indexes are designed to continuously and consistently measure and predict.
By applying various filters we know impact insurance outcomes, we distill our robust proprietary data into a suite of predictive and reliable indexes you can count on. Designed to be the underwriting and rating factors of the future, each index grants insurance carriers an entirely new perspective.
Whether looking at general business performance, foot traffic, cyber risk or another offering, each index is tuned by business segment and geography. They can be used alone or incorporated into an existing flow to further inform your underwriting and pricing strategies.
HERE ARE A FEW OF THE MANY BENEFITS YOU CAN EXPECT WHEN USING MINERVA SCORES & INDEXES:
COMPETITIVE ADVANTAGE
Access to entirely new data points that are not currently being leveraged in the industry.
PREDICT OUTCOMES
A new set of variables to apply against your current and future policies to infer risk and select for the right new business or renewal submissions.
SEGMENTATION
Present new ways to look at similar businesses so you can target those that fit your appetite and price.
OUTPRICE COMPETITION
Use in a range of pricing options from discretionary discounts to filed rating elements.
PRECISION UNDERWRITING
Identify high performing businesses that can be fast-forwarded through your process.
Measure & Predict Product Elements
“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.”
Douglas L. Kratzer
Vice President, Claims
Other Carpe Data Products
Offering a more complete picture of a business, Minerva’s classify and describe products are the solution purpose-built for underwriters to identify and analyze potential risk and more in seconds, not days.
Using data to drive claims automation, ClaimsX unlocks operational efficiency across the claims lifecycle through decisioning, data enrichment and monitoring.
