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Intermap Technologies, a worldwide 3D digital mapping and geospatial solutions company, today announced the expansion of its insurance risk management suite of products with the introduction of its Web-based risk assessment portal. This new portal includes highly accurate and reliable underwriting and accumulation toolkits that provide users in the United Kingdom, France, Switzerland, and Hungary (available in the Czech Republic and Slovakia by late summer) with real-time around the clock answers to specific issues insurance companies face throughout the risk management process.“The use of precise and uniform datasets in the insurance industry has never been more important” Specifically, the underwriting toolkit supports property-specific underwriting while the accumulation toolkit allows for portfolio-based accumulation control for either single risk or larger multiple risk portfolios. Built on detailed and consistent nation-wide hazard maps, both applications focus on enabling the reliable assessment and analysis of flood risks associated with fluvial (river), pluvial (heavy rain), and coastal (tidal) threats. Where applicable, the Company’s NEXTMap Europe elevation data is combined with sophisticated modeling techniques to provide the most consistent national flood hazard maps available. Read More
