Dec 19, 2019

Western Mutual Insurance Group Chooses Cape Analytics to Deliver AI-Based, Geospatial Property Intelligence

Cape Analytics’ offering allows Western Mutual Insurance Group to improve underwriting decisions, risk selection, and customer experience

Today, Cape Analytics is announcing Western Mutual Insurance Group, a top-rated property and casualty insurer serving homeowners in Arizona, California, Nevada, New Mexico, Texas, and Utah, is now a fully-deployed Cape Analytics customer. Cape Analytics is leveraging geospatial imagery, machine learning, and rigorous data science to provide Western Mutual with the most comprehensive, timely, and accurate property information available.

Western Mutual is using Cape Analytics property intelligence in its new business underwriting and renewal processes, leading to innovative uses across the insurance workflow. Western Mutual is using Cape’s imagery-derived attributes, such as roof condition and solar panels, to provide more accurate quotes, improve customer experience, accelerate underwriting decision making, and gain access to risk-relevant property changes at renewal.

“Western Mutual is excited to be working with Cape Analytics, incorporating the most inclusive and timely information into our pricing and underwriting,” said Kelly Walker, VP of Marketing at Western Mutual. “This aligns with our continuous focus on improving the overall experience for our policyholders as company stakeholders.”

“We are thrilled to announce our partnership with Western Mutual, an insurer leading the charge in adopting new forms of geospatial property intelligence and improving the speed and performance of its insurance policies,” said Busy Cummings, VP of Sales at Cape Analytics. “From identifying solar panels at time of quote to using roof condition to inform underwriting decisions and inspections, our highly relevant property information is empowering Western Mutual to institute innovative practices that benefit their business and their insureds.”

Cape Analytics is the leading solution available for comprehensive and accurate geospatial intelligence at time of quote, with the speed and breadth necessary to fundamentally improve underwriting processes. With Cape Analytics, Western Mutual can now instantly access contextualized intelligence across their portfolio. Cape Analytics’ property intelligence is derived by applying cutting-edge computer vision and deep learning algorithms to geospatial imagery and includes a targeted selection of rigorously-developed property attributes and loss-predictive signals. This innovative data is possible due to Cape Analytics’ global team of computer vision and data science PhDs, paired with leading insurance industry expertise related to property risk.

Media Contacts

Kayvan Farzaneh

Head of Marketing

Cape Analytics

Kayvan@capeanalytics.com

 

Kelly Walker 

VP of Marketing

Western Mutual Insurance Group

kwalker@westernmutual.com