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Describe Data is a Dublin, Ireland-based Insurance Tech (InsureTech) company founded in 2018 by Gerard de Vere, Michael Crawford, and Micheal (Mick) Cooney. Describe Data uses machine-learning artificial intelligence (AI) to make predictions for insurance risks. It developed a software named Kompreno, which uses multiple data sources, including its client-based data and externally sourced data, to develop risk analysis profiles and assessments.
Kompreno is an AI-powered insurance-risk software developed by Describe Data, designed for enterprise corporation underwriting departments to convert data into visual metrics. Kompreno provides insight on financial lines for Director and Officer positions, employer practice liability, and mergers and acquisitions. The software is offered on a subscription basis (SaaS) and operates through API integration, allowing companies working on legacy systems to integrate with Kompreno without updating current systems.