CAPE Analytics, a provider of AI-powered property insights, has partnered with Vexcel, a provider of aerial imaging, to increase its coverage to over 99% of US households and adds access to post-disaster imagery.
The new partnership provides CAPE with aerial imagery at a resolution, accuracy, coverage, and recency to boost its property insights and expand its product footprint in the United States, Canada, and Australia.
For the last decade, CAPE Analytics has provided its predictive property risk insights to the top 30 homeowners insurance carriers in the US, and the largest investment banks in the world, among other clients.
CAPE generates and instantly delivers 80+ powerful property analytics at massive scale, with insights ranging from current roof condition, roof age, and living area to hail and wildfire risk scores.
Insurance carriers, financial institutions, and home and business owners can use these insights to understand, manage, and mitigate property-level risk with unprecedented granularity.
Ryan Kottenstette, CEO of CAPE Analytics: “CAPE Analytics’ long-term partnership with Vexcel marks a transformative step in enhancing our market-leading property intelligence solutions.
“Powered by Vexcel’s extensive imagery coverage, CAPE will continue to deliver the most precise, reliable, and up-to-date property risk analytics available. We look forward to this partnership bringing significant value to insurance carriers and real estate stakeholders.”
Vexcel’s aerial imagery library covers 99.6% of the U.S. population and includes over 127 million households. CAPE aims to use this high-resolution orthomosaic imagery to “further the company’s mission to provide clients with the most comprehensive, timely, and reliable property risk analytics available anywhere.”
Vexcel’s aerial imagery library already covers 99.6% of the US population and it regularly collects and updates aerial imagery in urban areas of Canada, Australia, and New Zealand.
Thanks to this partnership, CAPE will, over time, be able to expand its geographic scope to new states, like Hawaii, rural areas in the US, and new countries, such as New Zealand.
Additionally, within days of a major weather event impacting properties, CAPE will be able to provide clients with options for accessing Vexcel’s post-disaster Gray Sky imagery and associated analytics from CAPE.
“Over the past few years, we’ve significantly expanded our aerial imagery programs in the U.S. and around the globe. We are thrilled to announce our partnership with CAPE Analytics and look forward to seeing how our best-in-class imagery will enable and enhance their innovative property analytics across multiple countries,” said Erik Jorgensen, CEO of Vexcel.
