Carpe Data and Verisk Integrate Fraud Detection in Claims Platform

Carpe Data, a provider of advanced data solutions for the insurance sector, has partnered with Verisk to integrate Carpe's injury claim fraud detection tools into Verisk's ClaimSearch® platform. This collaboration enables insurers to access Online Injury Alerts and Investigative Reports more efficiently, enhancing fraud detection capabilities within property and casualty claims workflows. By consolidating these tools within ClaimSearch, the integration addresses challenges of siloed systems, streamlining claims handling and reducing delays. The Online Injury Alerts filter out irrelevant data, helping adjusters focus on genuine risk factors in open injury claims. Investigative Reports, which can be ordered with a single click, provide detailed information including social connections, screenshots, and citations formatted for direct import into claim systems or court presentation. These features promote consistent and repeatable claim reviews, supporting fair handling and effective cost management. Industry leaders see this integration as a response to increasing complexity and diversity of threats facing claims departments. Carpe Data's CEO emphasized the elimination of IT integration bottlenecks, enabling faster adoption of innovative tools through Verisk's established platform. Verisk's product officer highlighted the importance of combined strengths to enhance defense against emerging fraud risks. The partnership exemplifies the insurance industry's broader adoption of digital-first claims management, leveraging advanced analytics alongside well-established claim platforms to improve efficiency. This trend addresses operational challenges such as data silos and extends capabilities to reduce fraud exposure, aligning with insurer priorities on risk mitigation and cost control. Overall, the Carpe Data and Verisk collaboration is expected to support insurers in maintaining streamlined claims processes, advancing fraud detection accuracy, and enhancing system interoperability. These improvements contribute to operational resilience and responsiveness in a rapidly evolving claims environment.