United Property & Casualty Insurance Company (UPC) Works with CAPE Analytics to Assess Risk Using Geospatial Analytics
CAPE Analytics’ property intelligence enables UPC to assess individualized property risk and ensure profitability.
CAPE Analytics, the leader in AI-powered geospatial property intelligence, is pleased to announce the addition of UPC, a property and casualty insurance provider specializing in coastal states across the US, as a client.
As the Florida insurance market continues to evolve, UPC plans to further implement new technology, data, and analytics to support its business. CAPE will enable UPC to leverage predictive property data to continually assess risk on a per-property basis. In implementing CAPE’s geospatial analytics across its underwriting workflows, UPC has achieved stability and sustainability amid challenging market conditions such as supply chain-induced inflation.
“As we have begun to refine our portfolio with an emphasis on identifying and retaining risks that align with our business philosophy, CAPE’s proprietary data has unlocked the potential for us to better navigate and assess such risks,” said Chris Griffith, UPC’s Chief Operating Officer and Chief Information Officer. “CAPE has proved instrumental in allowing us to provide the best coverage for our insureds.”
CAPE Analytics combines geospatial imagery and the latest AI and machine learning technologies to provide insights into more than 110 million properties across the United States and Canada. As a result of using up-to-date, accurate property data that can be instantly obtained, the company allows insurance carriers to streamline underwriting processes, mitigate and evaluate risk and better price policies, among other capabilities.
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