Moody's has announced its agreement to acquire Cape Analytics, a geospatial AI startup, aiming to enhance its insurance underwriting capabilities. The acquisition, expected to close in the first quarter of 2025, will allow Moody's to leverage Cape's technology to create a comprehensive property database. This database will provide address-specific risk insights, improving decision-making for insurance clients. Cape's innovative AI solutions have already attracted major insurers and banks. Moody's plans to broaden its property risk analytics through this partnership, marking its 23rd acquisition to date.