With an average of up to $14 billion a year in annual hail-related losses and the increasing intensity of hailstorms due to climate change, insurance carriers have started to view hail as a genuine threat to profitability. Higher, more clustered spikes in claim volume (averaging roughly 500,000 in number each year) and declining skilled adjuster […]

CAPE Analytics has taken a unique and effective approach to working side-by-side with clients at every stage of their data journey. Kevin Van Leer, Sr. Director of Client Success, walks through how an organization-wide shift in thinking, from product development to regulatory affairs, has helped clients realize more value. Q: CAPE made the switch from […]

The fact is as simple as it is perplexing: if someone owns a home in the U.S., odds are that their property is underinsured. In a staggering statistic, approximately 2 out of every 3 homes in the U.S. are underinsured. On average these homes are underinsured by 22%, but some homes can see underinsurance amounts […]

There has always been one undeniable truth about the real estate market: real estate properties are one of the most illiquid assets available. The liquidity of an individual property is observable by looking back at the number of days that a property was listed for sale before it was sold and the price at which […]

Can you determine a property’s true exterior condition from the inside of your car? This is often the data collection method on which many investment decisions are made and property valuation models are constructed. The limited field of view offered by many “drive-by” methods like broker price opinions (BPOs) leads to a high probability that […]

CAPE Analytics pioneered the Roof Condition Rating (RCR) attribute which indicates the overall condition of the roof on a 5-point scale. RCR is used today by carriers across the U.S. and Canada for rating, quoting, underwriting, and inspection triage. Roof Condition Ratings range from excellent, where the roof is in pristine condition and shows no […]

New Paved Area Deterioration and Paved Area Illumination attributes provide commercial insurance carriers and MGAs with new insights into how a property’s broader lot condition can affect risk. Often thought of as secondary to the characteristics of a commercial property’s structures, parking lot and paved area condition can offer insights into the potential risks of […]