Case Study: Regional Carrier improves homeowners rating and grows profitably with Cape Analytics

Regional Carrier increases market share and retention with Cape Analytics

The customer, a regional carrier, faced the challenge of needing to grow its homeowners insurance book profitably in a hard market, particularly in storm-prone areas. They sought to identify high-quality, well-maintained properties to offer competitive pricing while maintaining rate adequacy. To address this, they turned to Cape Analytics and its property intelligence service.

Cape Analytics provided property attributes, such as roof condition, roof age, and tree overhang, which the carrier integrated into its own rating models. This solution enabled them to better segment risk, price more accurately, and identify high-quality homes. As a result, the regional carrier increased its market share sustainably, improved retention of quality business, and empowered independent agents to close more deals. Cape Analytics' data provided the necessary lift for improved segmentation and rate adequacy.