Moody's Corp Q3 2023 Earnings Call Summary

The following is excerpted from the question-and-answer section of the transcript.

Question: Andrew Owen Nicholas - William Blair & Company L.L.C., Research Division - Analyst : I wanted to ask a little bit more on the monetization plans for Research Assistant. I think you mentioned it would be an add-on cost. Is there any additional color you can give there in terms of maybe the magnitude or the potential opportunity? And then maybe relatedly, of the 150-plus customers who previewed the tool, is the expectation that the vast majority of them would opt in? Or what kind of success rate do you have within the customer base that did have access to the tool already? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. OCTOBER 25, 2023 / 3:30PM, MCO.N - Q3 2023 Moody's Corp Earnings Call

Question: Ashish Sabadra - RBC Capital Markets, Research Division - Analyst : I wanted to focus or drill down further on the insurance ARR. We saw a material improvement there from 6% last quarter to 8% in the third quarter. I was just wondering if you could provide some color, where you're seeing that improvement. We obviously saw the ExposureIQ product at the Innovation Day. So is it more driven by the Climate Solutions, the RMS acquisition or the core business, the historical ERS business? So color on that one would be helpful.