Intermap provides $1.3mn in Ecu insurance coverage contracts

Intermap Applied sciences, a pacesetter in 3-D geospatial merchandise and intelligence answers, has introduced that more than one Ecu insurers have agreed to extend their five-year contracts with an combination further price of over $1.3 million.

The $1.3 million price can be used for Intermap’s flood chance device, geocoding analytics, and a brand new era of precision flood danger maps for Slovakia.

Up to now $700,000 of the brand new contracts were signed, $600,000 has been awarded and is being finalized.

“We’re happy to peer our answers unfold throughout Europe. Intermap’s international insurance coverage answers leverage unrivaled datasets and international consistency, handing over speedy updates anyplace on the earth,” mentioned Patrick A. Blott, Intermap Chairman and CEO.

“Our knowledge and analytics allow insurers to offer insurance plans that displays present flood chance, empowering insurance coverage firms to optimize flood chance evaluate with the similar self assurance in all international locations the place they perform. With the rise in call for for our flood danger maps throughout Jap Europe, we predict additional geographic enlargement to different international locations around the globe.”