CAPE Analytics
AI-powered property intelligence for insured risk
CAPE Analytics, a Moody’s company, provides over 120 novel risk-predictive property insights for residential and commercial buildings. They are derived by applying machine learning and computer vision to multiple geospatial imagery sources, as well as other data types. CAPE property insights are filed and approved for underwriting and rating over 300 times across over 40 states. This integration leverages CAPE’s API to offer market-leading speed, rigor, and scale of property insights that traditionally required an onsite inspection— all without leaving Duck Creek Policy.
Learn more on the CAPE Analytics website
CAPE Analytics – Property Intelligence – Powered Workflows
Press Release: CAPE Analytics Joins Duck Creek Partner Ecosystem
CAPE Analytics: A Duck Creek Policy Solution
Advantages
- Better Decision Making
CAPE property intelligence empowers insurance carriers and MGAs to optimize their inspection program, facilitate underwriting automation, align coverage and rate with risk, and enhance the customer experience. - Designed for Property Insurance
CAPE offers risk-predictive insights designed specifically for insurance workflows. Because CAPE is aligned with the insurance regulatory community, insurers can confidently integrate its analytics with Duck Creek’s adaptable rules engine. - Actionable Analytics for Underwriting
The resulting predictive analytics include loss-predictive roof condition, imagery-derived roof age, yard debris, solar panels, vegetation, and more accurate measurements of living area square footage and quality grade. CAPE weather risk scores integrate property vulnerability, hazard, and weather data into comprehensive risk evaluations for hail, wildfires, and wind.
Features
- CAPE Roof Condition Rating (RCR)
RCR is used for new business to help with quoting and eligibility, pricing, prioritizing inspections, and making coverage decisions. You can choose which policies meet your eligibility criteria for new business and renewals and whether to process straight through or (re)inspect. - Weather Perils: Wind, Wildfire, and Hail Risk Scores
CAPE is the most widely used imagery analytics solution in areas affected by hurricanes, and widely used in areas with severe convective storm and wildfire risk. CAPE’s weather risk analytics blend state-of-the-art geospatial AI, diverse imagery sources, and comprehensive hazard factors, and this scoring has proven to be predictive of loss. - Accurate Multisource Living Area Square Footage
CAPE’s living area square footage is derived from multiple data sources and verified by imagery. The model addresses issues in traditional data sources, including differing living area definitions and information recency depending on the property’s build, remodel, or sale dates. Carriers use CAPE’s improved living area estimates to generate more accurate Coverage
Expertise
- CNBC – one of the world’s top 150 insurtech companies.
- CB Insights AI 100, Insurtech 50 – awarded to companies effectively leveraging AI and solving significant insurance challenges.
- Fast Company’s Next Big Things in Tech, AI and Data – recognizes companies that help define their industries and provide a positive impact.
- Oxbow Partners InsurTech Impact 25 – recognizing technology companies that deliver impactful solutions for the insurance sector carriers.
- The CAPE Analytics team consists of experts in the insurance, risk modeling, and AI sectors.