Moody’s has announced its acquisition of Ai-powered geospatial insight provider, Cape Analytics.

Cape Analytics creates property intelligence analytics through computer vision, machine learning and geospatial imagery, providing immediate, detailed risk assessments for properties on an individual address basis throughout the US, and in large parts of Canada and Australia.

“I continually hear from our customers that they are seeking more precise and actionable information as they evaluate an evolving set of risks,” said Rob Fauber, president and chief executive officer of Moody’s. “By combining our CAT risk models with Cape’s AI-powered property risk intelligence, we will provide our customers with the most advanced property risk analytics available in the industry, enhancing insights and decision-making across the insurance lifecycle.”

The acquisition is expected to close in the first quarter of 2025, subject to the satisfaction of customary closing conditions, including the expiration or termination of any applicable regulatory waiting periods.

The terms of the transaction were not disclosed.

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