Moody’s Set to Transform Property Risk Insight with Acquisition of CAPE Analytics, an AI Trailblazer

Expanding the frontiers: A fresh strategy for property risk evaluation​

Acknowledging the rapidly evolving risk environment our clients encounter, along with the challenges and possibilities it presents, Moody’s is pursuing a strategic endeavor to transform property risk management. Today signifies another vital strategic achievement for our team at Moody’s, our clients, and the broader insurance sector.

We are pleased to declare that we have formalized an agreement to acquire CAPE Analytics, a trailblazer in AI-driven property risk intelligence.  

With losses stemming from weather catastrophes rising in both frequency and intensity, we perceive the insurance industry at a pivotal moment. Traditional methods of risk assessment and management are facing scrutiny, necessitating innovative answers that deliver more accurate, actionable insights.​

To progress further with our core mission and assist clients in making improved, quicker decisions amidst unpredictability, our choice to acquire CAPE® recognizes the transformative potential of geospatial artificial intelligence (AI) in understanding property risk.​

CAPE’s platform exclusively delivers immediate risk insights at the individual address scale through a proprietary AI model that has been back-tested and validated using proprietary insurance claims data. Noticing the considerable synergy between Moody’s expertise in catastrophe risk modeling and CAPE’s geospatial AI analytics heralds a new phase in property loss assessments. 

By incorporating CAPE’s extensive property information database, which includes building details, peril risk evaluations, and geospatial AI analytics via the Intelligent Risk Platform™, we aspire to elevate property intelligence for our clients and improve their essential property underwriting and risk management processes. We believe this transformative action places us at the leading edge of property risk management innovation. 

The effects of this acquisition will reach beyond our insurance clientele. We foresee it creating substantial opportunities for banks, commercial real estate firms, and asset managers, all sectors that appreciate comprehensive property risk insights. Collaboration with CAPE’s technology can foster innovation and value generation for these industries.​

Moody’s has recognized a pressing requirement for the insurance industry and allied sectors to address exponential risk, and the scheduling of this acquisition propels us toward our goal of equipping clients with the enriched perspective of property risk and loss they need to swiftly leverage insights and convert uncertainty into opportunity.​

Our current emphasis is on integrating CAPE’s functionalities into Moody’s offerings. As our insurance clients have experienced, the acquisition of CAPE, along with previous acquisitions of RMS and, most recently, Praedicat – serves as a testament to Moody’s commitment to innovation, leadership, and excellence within the insurance realm, aimed at addressing forthcoming risk management challenges. 

This marks the commencement of an exhilarating new phase in our journey, aimed at providing greater value to our clients and the industry. United, we aspire to redefine property risk management.​

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