Moody’s is continuing to deliver on a strategy to build a leading, at-scale suite of offerings founded in innovation, as demonstrated by their acquisition and subsequent investment in RMS, more recently with Praedicat, and now with CAPE. CAPE broadens the aperture beyond risk and modeling into everyday underwriting, quoting, and eligibility workflows. The resources to continue to deepen innovation in a robust way in this part of the value chain will benefit carriers with a broader array of rapidly developing solutions. Moody’s has become a leader on the risk side of insurance and can, in combination with CAPE, bring a much deeper set of solutions to carriers’ underwriting workflows.
Finally, I’m encouraged by the strong cultural fit based on shared values, which include a long-term, customer-focused view, a focus on growth & innovation, and talented, self-motivated, humble, and collaborative colleagues.