2025 US Insurance Awards: ICEYE, Claims Technology Innovation of the Year

Originally published by Business Insurance on August 22, 2025.

Business Insurance has named Carpe Data a finalist for Claims Technology Innovation of the Year in its 2025 US Insurance Awards, recognizing the company's contributions to combating fraud through advanced claims services.

The awards program evaluates innovation across the commercial insurance sector, with the claims technology category highlighting solutions that accelerate damage assessment, improve accuracy, and combat fraudulent activity. Carpe Data's finalist position acknowledges its deployment of online injury alerts and investigative reports designed to detect fraudulent claims patterns.

Carpe Data competed against ICEYE, which won the category for its satellite-based wildfire damage assessment technology, as well as Corvel, Davies Group, and Kinetic. The finalists represent diverse approaches to claims modernization, ranging from machine learning tools for subrogation to rapid return-to-work platforms. Carpe Data's inclusion reflects the industry's growing reliance on alternative data sources and real-time intelligence to support claims operations.

The recognition underscores Carpe Data's position in the insurtech ecosystem as carriers and reinsurers increasingly adopt geospatial capabilities, AI-powered monitoring, and alternative data strategies to manage claims costs and cycle times. Business Insurance's awards program draws attention from commercial insurance executives focused on risk transfer, risk management, and operational innovation.

Read the full article at Business Insurance.