Intermap Makes Earthquake Data Available for Risk Scoring via InsitePro

Posted by Rich Mohr

Sep 24, 2015 9:30:05 AM

— Intermap and Atkins sign licensing agreement for natural catastrophe hazard data —

DENVER, Sept. 24, 2015 /PRNewswire/ - Intermap Technologies (IMP.TO), (ITMSF:BB), a leading provider of location-based solutions, today announced that it has entered into an agreement with Atkins, one of the world's most respected design, engineering, and project management consultancies, to include their natural catastrophe risk and hazard data archives, including North American earthquake data, in its InsitePro software product.

InsitePro is Intermap's cloud-based risk assessment software designed to help property insurance underwriters assess location-based risk. With its configurable analytic engine, InsitePro allows users to design risk scoring analytics that address specific business needs. InsitePro applies reliable peril and geospatial data in a way that fits a carrier's approach to risk.

"InsitePro's flood analytics are changing the way flood insurance is priced and delivered," stated Product Manager Ivan Maddox. "With the Atkins agreement, Intermap will be offering risk scores for all natural perils, including earthquake, hail, tornado, and wind (straight-line and hurricane). InsitePro can now replicate the innovation brought to flood risk assessment across these other perils, delivering custom analytics to underwriters that are based on dependable data and their own view of risk." 

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Topics: InsitePro, Natural Hazard Risk, Product Update, Insurance Underwriting, Natural Catastrophe

Intermap Technologies Signs InsitePro Agreement with Major Florida Insurer

Posted by Rich Mohr

Jun 15, 2015 8:36:35 AM

DENVER, June 15, 2015 - Intermap Technologies (TSX:IMP), (ITMSF:BB), a leading provider of location-based solutions, today announced an InsitePro subscription from one of the largest insurers of homes in Florida. InsitePro is software as a service (SaaS) that supplies location-based risk assessment to the property insurance industry. A key benefit of InsitePro for this insurer is the ability to score location risks according to their own business rules.

“This subscription is a milestone for InsitePro because it validates our strategy for risk scoring,” said Ivan Maddox, Intermap’s InsitePro Product Manager. “Insurers need to apply their own view of risk to natural catastrophe perils to ensure maximum efficiency and competitiveness. The risk scoring component of InsitePro provides this Florida carrier with immediate answers to their pricing questions by offering a more complete view of risk than what can be obtained by simply viewing a flood zone or claims history.

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Topics: InsitePro, Product Update

Intermap Technologies® Unveils Risk Scoring Functionality in Latest Version of InsitePro™

Posted by Rich Mohr

Mar 25, 2015 9:23:00 AM

DENVER, March 25, 2015 - Intermap Technologies (TSX:IMP), (ITMSF:BB), a leading provider of location-based solutions, today released a new version ofInsitePro, aSaaS product that delivers location-based risk assessments to the property insurance industry.

The centerpiece of this release is powerful risk scoring functionality. Risk scoring provides a more complete view of location-based risk than a simple flood or earthquake zone can, allowing InsitePro to automate complex risk assessment for underwriters. Typical uses of the risk score function include:

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Topics: InsitePro, Product Update

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