CAPE Analytics Announces Strategic Collaboration with American National to Support Risk Assessment

Today, CAPE Analytics, the leader in AI-powered geospatial property intelligence, announced its integration with insurance carrier American National to enhance its risk management and underwriting processes by leveraging CAPE property insights.

Working with CAPE geospatial property insights will allow American National to gain a more accurate view of risk throughout the policy lifecycle, improve underwriting efficiency, and detect risk-relevant changes at renewal. To start, American National will apply property attributes—such as CAPE’s gold standard Roof Condition Rating—along with other underwriting data, to policy renewals in order to improve profitability, mitigate property conditions that increase risk, and create additional workflow efficiencies.

“We’re thrilled to announce this integration with American National, which provided their team with instant and accurate intelligence for properties across the United States,” said Scott Moore, VP of Sales at CAPE Analytics. “By leveraging CAPE’s property insights, American National will be able to better assess risk and understand portfolio evolution, which ultimately provides their insureds with appropriate protection and unparalleled service.”

”At American National, we constantly look for ways to improve the service we provide our customers. Our collaboration with CAPE Analytics gives us access to cutting-edge technology and property insights that will help us better understand and mitigate risk for our customers,” said Stephanie Grobin, Senior Vice President, P&C Chief Underwriting Officer, at American National.

In the future, American National will utilize CAPE’s insights in new business underwriting workflows to assist in optimizing inspection processes and better assessing new business risks. For more information about the collaboration, visit www.capeanalytics.com.

About CAPE Analytics

CAPE Analytics provides instant property intelligence for buildings across the United States and Canada. CAPE Analytics enables residential and commercial property stakeholders to access valuable property attributes instantly, with the accuracy and detail that typically requires an on-site inspection, but with unparalleled immediacy and global scale. Founded in 2014, CAPE Analytics is backed by leading venture capital firms and insurers and comprises machine learning, data infrastructure, and property risk experts.

About American National

American National is the brand name for the direct and indirect insurance company subsidiaries and affiliates of American National Group, LLC, a Delaware limited liability company. American National Insurance Company, Galveston, Texas, was founded in 1905 and is licensed in all states except New York. American National established a dedicated property and casualty division in 1973 with American National Property and Casualty Company, Springfield, Missouri. This company serves 38 states, not including New York. To better serve the unique insurance needs of the agricultural market, in 2001 American National acquired the Farm Family group of insurance companies based in Glenmont, New York.

American National offers a broad line of products and services, which include life insurance, annuities, health insurance, credit insurance, pension products, and property and casualty insurance for personal lines, agribusiness, and certain commercial exposures. The American National companies operate in all 50 states. In New York, business is conducted by New York licensed affiliates. Each company has financial responsibility for its own products and services. For more information, please visit www.AmericanNational.com.

Contact Information

Merrita Villa

Media Contact

VSC for CAPE Analytics

capeanalytics@vsc.co