Intermap Technologies has secured a three-year subscription with Colonnade Insurance for a combined flood-risk and property-valuation solution, beginning in the Czech Republic. The agreement matters because Intermap says it advances recurring insurance analytics revenue, with planned expansion to Slovakia and Hungary in 2027 and broader Central and Eastern European adoption targeted by 2028.
Key Highlights
- Intermap and Colonnade aim for wider Central and Eastern European adoption by 2028.
- Intermap Technologies begins a three-year subscription with Colonnade Insurance in the Czech Republic.
- The platform combines flood-risk assessment with property valuation in one workflow.
- The solution supports residential underwriting, portfolio reviews and customer-facing insurance activity.
Intermap Technologies Corp. (OTC: ITMSF) is a packaged software company. A three-year subscription with Colonnade Insurance begins in the Czech Republic, combining flood-risk assessment with property valuation.
Flood And Property Data Combined For Insurers
The solution brings flood exposure, Market Value and replacement value into one operating workflow built around current, traceable property information. Intermap says the platform is designed for residential underwriting, portfolio reviews and customer-facing insurance activity. Colonnade is a Luxembourg-based non-life insurer owned by Fairfax Financial Holdings, and the companies describe the deployment as a route from an initial national launch to wider Central and Eastern European use.
Natural-Catastrophe Losses Support Risk-Data Demand
The company says the combined analytics support valuation of residential units, replacement-cost calculations for family homes and property-level analysis across insurance workflows.
FAQs
Q: What insurance agreement did Intermap Technologies secure?
A: Intermap Technologies secured a three-year subscription with Colonnade Insurance. The service combines flood exposure analysis, market valuation and replacement-value calculations in one insurance workflow.
Q: How does the Colonnade agreement support Intermap’s recurring revenue strategy?
A: Intermap says the subscription advances its recurring insurance analytics strategy. The company also describes the deployment as a model for expanding commercial insurance solutions across international markets.
Q: Where will Intermap’s insurance solution expand after the Czech Republic?
A: The subscription starts in the Czech Republic. Planned expansion reaches Slovakia and Hungary in 2027, while broader adoption across Colonnade’s Central and Eastern European operations is targeted by 2028.
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