State Auto Partners With Cape Analytics
Cape Analytics has announced that State Auto is now a fully-deployed Cape Analytics customer. State Auto is using the Cape Analytics product as a property intelligence solution for its homeowner insurance offering, in order to make better risk decisions, improve customer experience, and streamline underwriting.
Cape Analytics is providing State Auto with the most comprehensive, timely, and accurate property information available, by leveraging aerial imagery and breakthrough artificial intelligence. The integration of Cape Analytics into State Auto’s insurance workflow is one part of State Auto’s mission to provide the best possible digital experience to its agents and customers. With Cape’s addition to the State Auto technology platform, State Auto customers can continue to expect competitive and accurate policy pricing, while allowing agents to ask homeowners fewer time-consuming questions when providing a quote.
Cape Analytics offers comprehensive and accurate intelligence at time of quote, with the speed and breadth necessary to fundamentally improve underwriting processes. With Cape, State Auto can now instantly access contextualized intelligence related to their portfolio as well as comparative property data at the local and national level.
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 such as Roof Condition Rating. This innovative offering is possible due to Cape Analytics’ global team of computer vision and data science PhDs, paired with leading industry expertise related to property risk.