Generali broadens Intermap use in central and eastern Europe

Generali Group has expanded its concern with 3D geospatial products supplier Intermap Technologies to screen much markets successful cardinal and eastbound Europe.

As portion of the broader arrangement, Generali volition adhd Poland, Hungary and Slovenia to its usage of Intermap’s Aquarius hazard absorption & analytics (RMA) system.

The added scope aims to amended the appraisal of earthy hazard and climate-related exposures successful those countries.

The strategy is utilized crossed the security process, including underwriting, accumulation management, reinsurance and claims handling.

Intermap president and CEO Patrick A. Blott said: “As clime volatility increases, insurers necessitate consistent, high-resolution hazard quality that scales crossed markets. Aquarius RMA provides Generali with a unified analytics level to enactment underwriting discipline, portfolio resilience and superior allocation decisions crossed cardinal Europe.

“We are arrogant to deepen our concern with 1 of the world’s starring security groups. Recurring services gross presently accounts for astir 80% of Intermap's revenue.”

The offering brings unneurotic automated hazard appraisal and geospatial information products to woody with large-scale hazard issues much consistently.

The level combines software, information and automation to process ample amounts of location-based hazard information into usable information.

Generali is utilizing Intermap’s 3D terrain information and peril analytics to enactment underwriting, accumulation oversight and claims effect successful its Corporate, SME [small and medium-sized enterprises] and Retail concern lines.

Generali CEE planetary firm and commercialized caput and Generali CEE Holding non-life main security serviceman Samuele Borghi commented: “By expanding our collaboration with Intermap to the highly exposed markets of Poland, Hungary and Slovenia, we fortify our quality to measure earthy catastrophe risks with greater precision.

“Equipping our teams with precocious geospatial quality for hazard valuation and determination accumulation power further enhances our underwriting and hazard absorption capabilities.”

Last month, Generali renamed its planetary attraction level Redion, bringing Europ Assistance and Generali Employee Benefits unneurotic nether a azygous marque and operating identity.

"Generali broadens Intermap usage successful cardinal and eastbound Europe" was primitively created and published by Life Insurance International, a GlobalData owned brand.

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