Vienna Insurance Group Subscribes to Intermap’s Real Estate Solution
Intermap Technologies announced that Česká podnikatelská pojišťovna (ČPP), a subsidiary of Vienna Insurance Group, has subscribed to its property valuation solution. This solution, developed with Dataligence, integrates Intermap’s data and analytics with Dataligence’s pricing and real estate databases to enhance real estate data transparency in the Czech market.
ČPP, a long-term user of Intermap’s Aquarius RMA, aims to improve underwriting accuracy using comprehensive flood and natural hazard maps. The solution addresses the growing demand for digitized property services, enabling precise online property valuations. Intermap’s proprietary datasets help insurers manage risk and improve underwriting margins.
Intermap emphasizes the importance of its services given recent natural disasters and the need for increased flood insurance coverage. The company is well-positioned to meet the rising demand for reliable insurance solutions in Europe.
Intermap Technologies ha annunciato che Česká podnikatelská pojišťovna (ČPP), una sussidiaria del Vienna Insurance Group, ha aderito alla sua soluzione di valutazione immobiliare. Questa soluzione, sviluppata con Dataligence, integra i dati e le analisi di Intermap con i database di prezzo e immobiliare di Dataligence per migliorare la trasparenza dei dati immobiliari nel mercato ceco.
ČPP, utilizzatore di lungo termine di Aquarius RMA di Intermap, mira a migliorare l'accuratezza della sottoscrizione utilizzando mappe complete di alluvioni e pericoli naturali. La soluzione affronta la crescente domanda di servizi immobiliari digitalizzati, consentendo valutazioni immobiliari precise online. I dataset proprietari di Intermap aiutano le compagnie di assicurazione a gestire il rischio e migliorare i margini di sottoscrizione.
Intermap sottolinea l'importanza dei propri servizi in considerazione dei recenti disastri naturali e della necessità di una maggiore copertura assicurativa contro le inondazioni. L'azienda è ben posizionata per soddisfare la crescente domanda di soluzioni assicurative affidabili in Europa.
Intermap Technologies anunció que Česká podnikatelská pojišťovna (ČPP), una subsidiaria del Vienna Insurance Group, se ha suscrito a su solución de valoración de propiedades. Esta solución, desarrollada con Dataligence, integra los datos y análisis de Intermap con las bases de datos de precios e inmobiliarias de Dataligence para mejorar la transparencia de los datos inmobiliarios en el mercado checo.
ČPP, un usuario a largo plazo de Aquarius RMA de Intermap, tiene como objetivo mejorar la precisión de la suscripción utilizando mapas completos de inundaciones y peligros naturales. La solución aborda la creciente demanda de servicios de propiedad digitalizados, permitiendo valoraciones de propiedades precisas en línea. Los conjuntos de datos propietarios de Intermap ayudan a las aseguradoras a gestionar el riesgo y mejorar los márgenes de suscripción.
Intermap enfatiza la importancia de sus servicios dado los recientes desastres naturales y la necesidad de una mayor cobertura de seguro contra inundaciones. La empresa está bien posicionada para satisfacer la creciente demanda de soluciones de seguros confiables en Europa.
인터맵 테크놀로지스는 비엔나 보험 그룹의 자회사인 체코 기업 보험사(ČPP)가 자산 평가 솔루션을 구독했다고 발표했습니다. 이 솔루션은 다탈리젠스와 함께 개발되었으며, 인터맵의 데이터 및 분석을 다탈리젠스의 가격 및 부동산 데이터베이스와 통합하여 체코 시장에서 부동산 데이터 투명성을 높입니다.
ČPP는 인터맵의 아쿠아리우스 RMA의 장기 사용자로, 포괄적인 홍수 및 자연 재해 지도를 사용하여 인수 정확도를 개선할 것을 목표로 하고 있습니다. 이 솔루션은 디지털 자산 서비스에 대한 증가하는 수요에 대응하며, 온라인에서 정확한 자산 평가를 가능하게 합니다. 인터맵의 독점 데이터 세트는 보험사들이 리스크를 관리하고 인수 마진을 개선하는 데 도움을 줍니다.
인터맵은 최근의 자연 재해와 홍수 보험 보장의 필요성을 감안할 때 자사의 서비스의 중요성을 강조합니다. 이 회사는 유럽에서 신뢰할 수 있는 보험 솔루션에 대한 증가하는 수요를 충족하기 위해 잘 준비되어 있습니다.
Intermap Technologies a annoncé que Česká podnikatelská pojišťovna (ČPP), une filiale de Vienna Insurance Group, a souscrit à sa solution d'évaluation immobilière. Cette solution, développée avec Dataligence, intègre les données et analyses d'Intermap avec les bases de données de prix et immobilières de Dataligence pour améliorer la transparence des données immobilières sur le marché tchèque.
ČPP, utilisateur de longue date de l'Aquarius RMA d'Intermap, vise à améliorer la précision de l'évaluation des risques en utilisant des cartes complètes des inondations et des dangers naturels. La solution répond à la demande croissante de services immobiliers numérisés, permettant des évaluations en ligne précises. Les ensembles de données propriétaires d'Intermap aident les assureurs à gérer les risques et à améliorer les marges d'évaluation.
Intermap souligne l'importance de ses services compte tenu des récents désastres naturels et du besoin accru de couverture d'assurance contre les inondations. L'entreprise est bien positionnée pour répondre à la demande croissante de solutions d'assurance fiables en Europe.
Intermap Technologies gab bekannt, dass die Česká podnikatelská pojišťovna (ČPP), eine Tochtergesellschaft des Vienna Insurance Group, ihre Immobilienbewertungslösung abonniert hat. Diese Lösung, die in Zusammenarbeit mit Dataligence entwickelt wurde, integriert die Daten und Analysen von Intermap mit den Preis- und Immobiliendatenbanken von Dataligence, um die Transparenz von Immobilieninformationen auf dem tschechischen Markt zu verbessern.
ČPP, ein langfristiger Nutzer von Intermaps Aquarius RMA, verfolgt das Ziel, die Genauigkeit der Risikoeinschätzung durch die Nutzung umfassender Überschwemmungs- und Naturgefahrenkarten zu verbessern. Die Lösung adressiert die wachsende Nachfrage nach digitalisierten Immobilienservices und ermöglicht präzise Online-Immobilienbewertungen. Intermaps proprietäre Datensätze helfen Versicherern, Risiken zu steuern und die Underwriting-Margen zu verbessern.
Intermap betont die Bedeutung seiner Dienstleistungen angesichts der jüngsten Naturkatastrophen und des Bedarfs an einer erweiterten Überschwemmungsversicherung. Das Unternehmen ist gut positioniert, um der steigenden Nachfrage nach zuverlässigen Versicherungslösungen in Europa gerecht zu werden.
- ČPP, part of Vienna Insurance Group, adopted Intermap’s solution, indicating market confidence.
- The solution combines advanced data and analytics for precise property valuation, enhancing underwriting accuracy.
- Intermap’s services meet the growing demand for digitized property services in the Czech market.
- The integration of flood and natural hazard maps into the solution improves risk management for insurers.
- None.
Enhancing data transparency in the Czech real estate market
Providing insurers with reliable and accurate property valuation for underwriting
DENVER, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Intermap Technologies (TSX: IMP; OTCQB: ITMSF) (“Intermap” or the “Company”), a global leader in 3D geospatial products and intelligence solutions, today announced that Česká podnikatelská pojišťovna (ČPP), a subsidiary of the Vienna Insurance Group, has subscribed to Intermap’s innovative solution for determining the market price of real estate properties.
Intermap and its partner Dataligence recently launched a solution that combines Intermap’s data and analytics for underwriting, reinsurance and claims with Dataligence’s world-class pricing and real estate databases. ČPP, a long-term user of Intermap’s Aquarius RMA, is the newest major EU insurance group customer to adopt this innovative solution.
This advanced property valuation process meets the growing demand for digitized property services in the Czech market, improving transparency in real estate data.
By utilizing Intermap’s up-to-date flood and natural hazard maps within its Aquarius RMA software, alongside Dataligence’s extensive real estate data, this solution enables accurate online property valuation. It processes comprehensive databases of flood, natural hazard, and real estate information to streamline transactions, providing insurers with reliable and precise property valuations for underwriting purposes.
“We chose this innovative solution because it will make it easier and more convenient for our clients to arrange insurance. At the same time, we see our partners as technology leaders whose data is accurate, robust and reliable,” said Michal Šimon, manager of non-life insurance at Česká podnikatelská pojišťovna.
“We are always excited when we find new ways to use our world-class pricing and real estate datasets,” said Milan Roček, founder and CEO of Dataligence. “Last year, we made our innovative tools available to the general public through the www.hypox.cz app, and the continued integration of online pricing into insurance companies’ systems embodies our vision for modern insurance and real estate services, where clients don't have to worry about anything, yet their assets are reliably protected.”
“Intermap’s solutions for the insurance market use proprietary datasets that are integrated into insurance processes to provide insurers with comprehensive tools that can be used throughout a portfolio lifecycle,” said Patrick A. Blott, Intermap Chairman and CEO. “Our state-of-the-art software, analytics and data enable insurers to understand and underwrite natural hazard risks, then leverage data intelligence to actively manage and reinsure risk with attractive margins.”
Intermap’s services are more important than ever. According to Resources for the Future, “the private residential flood insurance market in the United States is currently small relative to the NFIP. We estimate that private flood insurance accounts for roughly 3.5 to 4.5 percent of all primary residential flood policies currently purchased.” With historic flooding recently, this demonstrates the need for dramatic increase in coverage. CoreLogic “estimates Hurricane Helene industry insured loss at
In Europe, the flood protection gap is
To learn more about Intermap’s European solutions, visit intermap.com/european-solutions.
Intermap Reader Advisory
Certain information provided in this news release, including reference to revenue growth and run-rate, constitutes forward-looking statements. The words "anticipate", "expect", "project", "estimate", "forecast", “will be”, “will consider”, “intends” and similar expressions are intended to identify such forward-looking statements. Although Intermap believes that these statements are based on information and assumptions which are current, reasonable and complete, these statements are necessarily subject to a variety of known and unknown risks and uncertainties. Intermap’s forward-looking statements are subject to risks and uncertainties pertaining to, among other things, cash available to fund operations, availability of capital, revenue fluctuations, nature of government contracts, economic conditions, loss of key customers, retention and availability of executive talent, competing technologies, common share price volatility, loss of proprietary information, software functionality, internet and system infrastructure functionality, information technology security, breakdown of strategic alliances, and international and political considerations, as well as those risks and uncertainties discussed Intermap’s Annual Information Form and other securities filings. While the Company makes these forward-looking statements in good faith, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits that the Company will derive therefrom. All subsequent forward-looking statements, whether written or oral, attributable to Intermap or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. The forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements made herein, whether as a result of new information, future events or otherwise, except as may be required by applicable securities law.
About ČPP
Česká podnikatelská pojišťovna (ČPP), a subsidiary of the Vienna Insurance Group, is a universal insurance company that offers its clients modern products and comprehensive insurance solutions in life and non-life insurance. The company operates through 6 regional headquarters, 100 branches and 220 offices throughout the Czech Republic. It has been operating on the Czech insurance market since 1995. Currently, ČPP manages 2.4 million contracts and its services are used by more than 1.3 million clients. ČPP is one of the Czech top five largest insurance companies.
About Dataligence
The investment group Trigema bought a majority stake in CenovaMapa.org in 2022, largest real estate data platform on the Czech market. The cooperation has already resulted in a new application for end customers, www.hypox.cz, as well as the development of existing Dataligence platforms. Over the past few years, Dataligence, with the help of consulting company Deloitte, has become the most important provider of online real estate valuation data in the Czech Republic. For more information, please visit www.dataligence.cz.
About Intermap Technologies
Founded in 1997 and headquartered in Denver, Colorado, Intermap (TSX: IMP; OTCQB: ITMSF) is a global leader in geospatial intelligence solutions, focusing on the creation and analysis of 3D terrain data to produce high-resolution thematic models. Through scientific analysis of geospatial information and patented sensors and processing technology, the Company provisions diverse, complementary, multi-source datasets to enable customers to seamlessly integrate geospatial intelligence into their workflows. Intermap’s 3D elevation data and software analytic capabilities enable global geospatial analysis through artificial intelligence and machine learning, providing customers with critical information to understand their terrain environment. By leveraging its proprietary archive of the world’s largest collection of multi-sensor global elevation data, the Company’s collection and processing capabilities provide multi-source 3D datasets and analytics at mission speed, enabling governments and companies to build and integrate geospatial foundation data with actionable insights. Applications for Intermap’s products and solutions include defense, aviation and UAV flight planning, flood and wildfire insurance, disaster mitigation, base mapping, environmental and renewable energy planning, telecommunications, engineering, critical infrastructure monitoring, hydrology, land management, oil and gas and transportation.
For more information, please visit www.intermap.com or contact:
Jennifer Bakken
Executive Vice President and CFO
CFO@intermap.com
+1 (303) 708-0955
Sean Peasgood
Investor Relations
Sean@SophicCapital.com
+1 (647) 260-9266
FAQ
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