New joint initiative brings significant benefits to CAPE
clients, following integration of both EagleView's expansive,
high-quality, high-resolution aerial imagery collection and its
annual photo capture of top 50 metro markets.
PALO
ALTO, Calif., July 16,
2024 /PRNewswire/ -- Today, CAPE Analytics, the
leader in AI-powered property insights for insurance and real
estate risk, is announcing a collaboration with EagleView, a leader
in geospatial technology, to bolster access to current and
historical, high-quality, high-resolution, aerial imagery. The
long-term joint initiative between CAPE Analytics and EagleView
expands the coverage, recency, history, and resiliency of CAPE's
market-leading property analytics across the United States for use in insurance
underwriting and rating, as well as real estate lending.
CAPE Analytics brings together a constellation of leading data
sources—from aerial and satellite imagery to weather information to
public records—and combines them, using AI, to power the most
predictive and accurate property analytics available. CAPE
generates and instantly delivers over 80 property insights at
massive scale, ranging from current roof condition, roof age, and
living area to hail and wildfire risk scores. These insights allow
insurance carriers, financial institutions, and home and business
owners to understand, manage, and mitigate property-level risk with
unprecedented granularity.
A cornerstone input into CAPE's property intelligence platform
is high-quality aerial imagery. EagleView is uniquely
differentiated by offering more than three billion high-resolution,
high-quality property photos that cover 94% of the US population
and, in some areas, includes an imagery archive that spans 20 years
or more. EagleView uses proprietary sensing and processing
technology to capture high-resolution, oblique, and orthogonal
aerial imagery—including stunning, sub-1" GSD imagery.
EagleView recently announced it will be programmatically capturing
even more metro areas to enable additional high-value data to be
extracted from the areas where most people live.
CAPE's direct integration with EagleView allows CAPE clients to
use this new imagery source within the company's enterprise-grade
API and web applications across all use cases. It also opens access
to EagleView's post-catastrophic event capture program—a critical
capability going into a high-risk CAT season. CAPE's addition
of EagleView orthogonal and oblique imagery also brings clients the
most comprehensive, timely, and reliable property risk analytics
available anywhere.
"CAPE's joint initiative with EagleView provides unparalleled
access to the high-resolution aerial imagery and property
intelligence insights that our 80+ enterprise clients rely upon
daily," said Ryan Kottenstette, CEO
and Founder of CAPE Analytics. "With EagleView's imagery integrated
into our property intelligence platform, CAPE will continue to
increase our lead in providing the most accurate and robust
property analytics and peril-aligned risk scores available to
insurance carriers and real estate stakeholders."
"CAPE has cutting-edge analytics and a distinguished slate of
customers that need the highest quality aerial imagery to achieve
their business goals. And, we have the best aerial imagery in the
market," said Piers Dormeyer, CEO of
EagleView. "It is a natural collaboration that delivers the best
combination of analytics and imagery available. Customers are going
to love these added capabilities."
About CAPE Analytics
CAPE Analytics provides AI-powered, geospatial property
intelligence for buildings across the
United States, Canada, and
Australia. CAPE enables
residential and commercial property stakeholders, including
insurance carriers and financial institutions, to access valuable
and predictive property insights and risk scores instantly. CAPE
property intelligence offers the accuracy and detail that typically
require an on-site inspection but with unparalleled immediacy and
coverage. Founded in 2014, CAPE Analytics is backed by leading
venture capital firms and insurers and is led by machine learning,
data infrastructure, and property risk experts.
Learn more at www.capeanalytics.com
About EagleView
EagleView is a leader in geospatial technology, providing
solutions that transform the way our customers work. EagleView is
renowned for its geospatial data and extensive imagery library
which encompasses 94 percent of the U.S. population. EagleView's
unique technology portfolio comprises more than 300 patents,
enabling it to offer highly differentiated software, imagery, and
analytics products for multiple industries.
More at: www.eagleview.com
Kayvan Farzaneh
Head of Marketing
CAPE Analytics
kayvan@capeanalytics.com
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