Carpe Data Gains Recognition With Top Insurance and Fintech Awards

Business Wire

Honors across notable industry awards underscore Carpe Data’s AI-powered Claims and Commercial Solutions

SANTA BARBARA, Calif.--(BUSINESS WIRE)--
Carpe Data, a leading provider of next-generation data solutions for the insurance industry, is proud to announce a series of industry-leading awards and accolades from top insurance award programs. These honors showcase how Carpe Data’s AI-powered, data-driven Claims and Commercials Solutions are establishing industry-wide best practices for insurers, allowing them to detect fraud earlier and assess business risk faster by leveraging online data.

Carpe Data’s list of 2025 recognitions include:

PropertyCasualty360 Insurance Luminaries Awards
- Winner in the Risk Management Innovation category, highlighting how Carpe Data’s Commercial Solutions, armed with the Minerva Risk Score, empowers insurers with speed, precision, and data needed to make risk evaluation seamless.
Tearsheet’s Data Awards
- Honored as the Best Alternative Data Vendor for the second year in a row, with both Carpe Data’s Claims and Commercial Solutions recognized for delivering real-time data, increased savings, and reduced review times.
Business Insurance U.S. Insurance Award
- Finalist in the Claims Technology of the Year category for Carpe Data’s data-driven Online Injury Alerts and Investigative Reports, spotlighting how they proactively identify insurance fraud using AI technology.
Insurance Insider US Honors Award
- Shortlisted in the AI Implementation of the Year category, with Carpe Data’s Claims Solutions – Online Injury Alerts and Investigative Reports – praised for its AI-powered insurance fraud detection system and ability to streamline operational efficiency.
US FinTech Awards
- Shortlisted in the InsurTech of the Year category, recognizing how Carpe Data’s Claims Solutions are purpose-built to scale continuous fraud detection and assessment across the claims lifecycle.

Traditional processes for claims and business risk assessment hold legacy insurers back in the face of rapidly evolving business landscapes and increasingly sophisticated methods of AI-driven fraud. Insurers need accurate methods of continuous assessment, on both the claims and commercial sides, to fill in the blank spaces that new fraud tactics and business risks create. While online data analysis was once a nice-to-have, it is now a business imperative for insurers. Carpe Data’s Claims and Commercial Solutions leverage over a decade of historical data combined with continuous assessment of new online data to help insurers reduce friction, streamline processes, and increase savings. These recognitions showcase how Carpe Data is solving these industry challenges with proactive and data-driven solutions across the insurance ecosystem.

“Insurers are being hit left and right with new challenges, making the claims and commercial processes much more difficult and expensive for insurers and policyholders,” said Max Drucker, CEO of Carpe Data. “From the beginning, Carpe Data has been hyper-focused on simplifying these processes for insurers. The data is there; we just uncover the full picture to help insurers streamline operations, eliminate unnecessary spending, and stay ahead of evolving business risks.”

About Carpe Data

Carpe Data enables insurers to overcome their biggest claims and commercial underwriting challenges by transforming millions of online data points into actionable insights. Our AI-powered Online Injury Alerts, Investigative Reports, and Commercial Solutions help carriers spot fraud faster, automate the claims cycle, and truly understand small business risks – because outdated information doesn’t cut it in today’s market.

See how Carpe Data is giving insurers the edge they need to make quicker, better decisions and save money: www.carpe.io