TLDR:

• Carpe Data partners with EverPeak Insurance to accelerate workers’ compensation underwriting
• Integration of Carpe Data’s Minerva platform aims to provide real-time risk insights

Key Elements:

Carpe Data, a leading provider of predictive data for the insurance industry, has partnered with EverPeak Insurance, a workers’ compensation solution created by Pinnacol Assurance. The collaboration is focused on speeding up underwriting processes as EverPeak scales across the country. The Minerva platform from Carpe Data will be integrated to provide immediate risk insights, facilitating faster and more accurate underwriting decisions. EverPeak aims to streamline and improve its underwriting process in preparation for a national rollout.

Carpe Data specializes in predictive data solutions for the insurance industry, specifically aimed at improving risk assessment in workers’ compensation insurance. The partnership with EverPeak will allow for quicker underwriting decisions and enhance the efficiency of the ‘no-touch, bind-or-decline’ service offered by EverPeak.

Both companies are excited about the collaboration, with Carpe Data’s CEO, Max Drucker, highlighting the importance of providing powerful tools to underwriters to make their work easier. EverPeak’s COO, Vlad Stojanovic, sees the partnership as crucial to their growth strategy, particularly in supporting their unique service model.