— 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."