Commercial Property Intelligence
Automate what can be automated, efficiently underwrite everything else
Efficiently access deeper COPE information to support small commercial, habitational, and mid-market commercial underwriting.
Commercial property underwriting workflows vary with the size of each property.
Workflows can be completely automated for small commercial, human-controlled for habitational property, and a mix for mid-market. CAPE® provides the best COPE data in the appropriate workflow as quickly and easily as possible.
As underwriting workflows become more automated, the API provides risk signals while the application supports the human review of exceptions and more complex property types.
Benefits
Gain visibility into loss-predictive property characteristics to make better underwriting decisions and match rate to risk
API access to property insights for completely automated quote and bind workflows.
Workflows to handle exceptions and complex risks quickly and accurately
Assess property characteristics and risk factors with CAPE’s commercial solution:
Lightning-Fast API
Easy-To-Use Web Application
Convenient Batch Processing
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“CAPE Analytics’ geospatial property information has been instrumental in catapulting our Homeowners’ product to be best-in-class. As CAPE expands their portfolio into Commercial Lines, we’re pleased to expand the partnership into our Small Commercial product. We believe this will improve our Small Commercial property underwriting results while continuing to provide State Auto’s innovative straight-through processing and ease of doing business for our agency partners.”
A Deeper Look at CAPE Commercial Property Intelligence
The CAPE commercial solution includes a growing set of property attributes, anchored by the gold-standard Roof Condition Rating, that support rating and underwriting. Property data can be accessed via API, Batch, or using the web application to fit into the appropriate workflow.
Understand the condition of a commercial property with roof condition and lot debris
Parcel-level intelligence includes the number of structures and parcel size
Gain insights into paved area deterioration and illumination
Instant access to hazard information and property-level vulnerability to risks like wildfire
Roof Condition Rating for Commercial Lines
Built specifically for commercial properties, CAPE’s commercial lines RCR provides a score on a 5-point scale that indicates the overall condition of complex small, mid-market, and habitational roofs.
Accompanying reason codes give additional insight into each rating, providing improved explainability.
CAPE clients have reduced the number of inspections while improving the quality of their book of business
CAPE clients have minimized downstream underwriting expense and unexpected loss by catching ineligible business at the time of submission
CAPE clients have streamlined underwriting efficiency, reducing time spent on an application by up to 80%
Video: CAPE for Small Commercial Insurance
Read The Latest CAPE Commercial Insights