(Image credit: Etienne Beauregard Riverin/Unsplash.)
The Hartford (Hartford, Conn.) has expanded its relationship with CAPE Analytics (Mountain View, Calif.), adopting the technology to support underwriting speed and efficiency for the carrier’s commercial business. The Hartford has been using CAPE in personal lines since Aug. 2019.
“CAPE is thrilled to further our relationship with The Hartford, which has been a key partner for us,” said Ryan Kottenstette, CEO, CAPE Analytics. “It’s an honor to support The Hartford’s commercial business lines with CAPE’s innovative risk management solutions and further assist their underwriting excellence.”
CAPE Analytics’ describes its property intelligence solution as being derived by applying cutting-edge computer vision and machine learning algorithms to geospatial imagery. The vendor says it offers comprehensive and accurate imagery-based intelligence at the time of submission, with the speed and scale necessary to fundamentally improve underwriting processes.