Intermap Technologies Corporation announced the expansion of its collaboration with Generali Group to enhance underwriting, risk management and portfolio modeling across Central and Eastern Europe. Under the extended agreement, Poland, Hungary and Slovenia will be added to Generali's deployment of Intermap's Aquarius Risk Management & Analytics (RMA) solution. The expanded coverage enables broader quantification of natural hazard and climate-related risks across these key markets, supporting the full insurance lifecycle from underwriting and accumulation management through reinsurance and claims response.
By combining Intermap's automated risk analysis with authoritative geospatial data products, the solution helps solve complex large-scale problems that were previously impractical to address with accuracy and consistency. The platform integrates software, data and automation to help insurers transform massive volumes of location-based risk information into actionable intelligence. Central Europe remains one of Europe's most climate-exposed regions.
In September 2024, Storm Boris caused catastrophic flooding across multiple countries, resulting in approximately $4.3 billion in total losses, of which $2.1 billion were insured, highlighting a protection gap exceeding $2.2 billion, according to Munich Re's NatCatSERVICE in January 2025 underscoring the growing need for high-resolution risk intelligence across the region. Generali combines strong regional presence with advanced technical expertise. By leveraging Intermap's high-resolution 3D terrain data and peril analytics, Generali enhances underwriting precision, improves accumulation control and strengthens claims responsiveness across Corporate, SME and Retail segments.
This collaboration expansion reinforces Intermap's growing role within the European insurance market. As climate volatility increases, insurers require consistent, high-resolution risk intelligence that scales across markets. Aquarius RMA provides Generali with a unified analytics platform to support underwriting discipline, portfolio resilience and capital allocation decisions across Central Europe.
Recurring services revenue currently accounts for approximately 80% of Intermap's revenue.
