Reinsurance News
Cape Analytics
Moody’s to acquire geospatial AI intelligence provider CAPE Analytics
13th January 2025
Moody’s Corporation has reportedly agreed to acquire CAPE Analytics, a provider of geospatial AI intelligence for residential and commercial properties across the U.S., Canada, and Australia. According to Moody’s, it will combine its Intelligent Risk Platform and catastrophe risk modelling with CAPE's geospatial AI analytics, building a property database that provides ... Read the full article
Juniper Re collabs with CAPE to strengthen catastrophe analytics platform
18th July 2024
Juniper Re, the reinsurance broking arm and indirect subsidiary of The Baldwin Group, has announced a strategic collaboration with CAPE Analytics to deliver portfolio-improving property risk insights to its clients, as well as a differentiated view of the reinsurance market. "This collaboration adds another strategic component to Juniper Re’s sophisticated, tightly ... Read the full article
CAPE Analytics enters long-term imagery collaboration with EagleView
18th July 2024
CAPE Analytics, a provider of AI-powered property insights, has announced a long-term collaboration with EagleView, a geospatial technology expert, to bolster access to current and historical, high-quality, high-resolution, aerial imagery. This initiative will expand the coverage, recency, history, and resiliency of CAPE’s property analytics across the United States for use in ... Read the full article
CAPE to enhance AI-powered property intelligence products with Vexcel partnership
21st June 2024
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 ... Read the full article
CAPE Analytics expands hail intelligence suite to revolutionise property-level hail risk assessment
7th September 2023
CAPE Analytics, a frontrunner in AI-powered property intelligence, has unveiled an enhanced hail product suite designed to equip property insurers with an all-encompassing toolkit for evaluating and pricing property-level hail risk. Hail has emerged as a growing peril, with annual insured losses in the United States exceeding $20 billion. In light ... Read the full article
Cytora integrates with CAPE Analytics to boost commercial property risk assessment
1st September 2023
Cytora, an AI-powered digital risk processing platform, has announced an integration with CAPE Analytics, a provider of AI-powered property insights, to elevate commercial property risk assessment. Through the integration, CAPE Analytics' commercial property data APIs will be accessible on the Cytora platform. As a result, this will enhance insurers' capabilities to ... Read the full article
CAPE Analytics partners with Google Cloud
23rd March 2023
CAPE Analytics, a leader in AI-powered geospatial property intelligence, has partnered with Google Cloud to develop predictive analytics that enhance risk management for insurance carriers and property valuation solutions for the real estate and mortgage industries. CAPE states that by leveraging Google Cloud’s secure cloud infrastructure and machine learning technology, it ... Read the full article
Mercury Insurance adopts CAPE Analytics AI underwriting tools
7th December 2021
Multi-line insurer Mercury Insurance has decided to adopt the suite of property intelligence solutions from CAPE Analytics into its underwriting workflows. CAPE’s property attributes and risk scores will be leveraged by Mercury to instantly assess risk on a property-by-property basis across the states it operates in, including California. By integrating this new ... Read the full article
CAPE Analytics secures $44m in funding
22nd July 2021
CAPE Analytics, a provider of geospatial intelligence for property risk and valuation, has secured $44 million in Series C financing, led by Pivot Investment Partners. Additional investors, Aquiline Technology Growth and HSCM Bermuda also joined the Series C round, with participation from existing investors, including Formation8 and Brewer Lane Ventures, as ... Read the full article
Hippo announces partnership with Cape Analytics
3rd June 2021
Hippo, a California-based insurtech focused on US home insurance, has partnered with Cape Analytics (Cape), a re/insurance data analytics provider, to advance Hippo's automated property analysis capabilities. Throughout this partnership, Hippo will continue to enhance its underwriting and ongoing risk management and mitigation insights to provide home protection. The insurtech firm will ... Read the full article
American Integrity partners with Cape Analytics
21st January 2021
Florida-based property insurer American Integrity Insurance Company has partnered with Cape Analytics, allowing American Integrity to assess properties remotely to keep its agents, employees and customers safe, an essential capability throughout the COVID-19 pandemic. The insurer will be using Cape Analytics’ geospatial property intelligence, such as roof condition rating, roof geometry, ... Read the full article
Cape Analytics expands partnership with Kin insurance
15th April 2020
Re/insurance data analytics provider Cape Analytics has expanded its partnership with Kin insurance. A home insurance technology company, Kin is using Cape Analytics’ geospatial property intelligence to inform its homeowner insurance offering. The integration of Cape Analytics’ data allows Kin to provide customers with policies tailored to individual property and coverage needs. Cape ... Read the full article
State Farm’s venture arm invests in Cape Analytics
16th January 2020
State Farm Ventures, the venture arm of U.S. P&C insurer State Farm, has made a significant investment in Cape Analytics, a provider of AI-powered geospatial property data. Cape Analytics is set to use the proceeds from the investment to accelerate the development of ground-breaking solutions for property insurance firms, utilising geospatial ... Read the full article
Cape Analytics announces AI-driven wildfire risk solution
5th April 2019
Cape Analytics, a re/insurance data analytics provider, has announced an Artificial Intelligence (AI)-driven solution that allows home insurance carriers to systematically assess wildfire vulnerability for properties across the US. The defensible space solution, complementary to leading wildfire risk models and scoring tools, leverages AI and geospatial imagery to provide detailed information ... Read the full article
Cape Analytics’ property intelligence solution expands to include commercial risks
5th February 2019
Provider of insurance and reinsurance data analytics, Cape Analytics, has announced the expansion of its property intelligence solution to commercial habitational properties, to include multi-family homes, condos, and home owner associations (HOAs). The expansion builds on its database of more than 70 million single-family homes in the U.S., and is the ... Read the full article
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