EverPeak Insurance partnered with Carpe Data to integrate the Minerva platform as it expands nationally to streamline and speed up the underwriting process.
As a general agent, EverPeak Insurance connects businesses with insurance companies to ensure they receive the right workers’ compensation insurance.
The Minerva Suite provides EverPeak with real-time access to a comprehensive database covering over 90% of insured businesses nationwide, providing instant risk insight at the point of quote and accurate NAICS codes to speed up underwriting decisions for its partners.
“As a general agent, our model is successful because of fast and accurate risk assessment and pricing,” said Vlado Stojanovic, chief operating officer at Everpeak Insurance.
Stojanovic added, “This partnership is key to our growth strategy, especially for our ‘No Touch, Bind or Deny’ service, which effectively enhances approvals and denials and reduces manual intervention.”
Carpe Data’s Minerva platform uses advanced data analytics to transform workers’ compensation risk information into actionable insights, enabling EverPeak Insurance to make faster, more informed underwriting decisions for its partner insurers.
This streamlines processes, reduces processing times for claims, and accelerates EverPeak’s scale, allowing underwriters to focus on reviewing exceptions instead of evaluating every claim.
“Part of our mission is to provide underwriters with powerful tools to make their jobs easier and accelerate underwriting for small and medium-sized businesses,” said Max Drucker, CEO of Carpe Data.
“We are excited to partner with Everpeak Insurance and strengthen our underwriting capabilities at no additional cost to their employees, enabling them to achieve their goals and continue to provide best-in-class workers’ compensation insurance,” he added.
