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ntermap Technologies announced that Česká podnikatelská pojišťovna (ČPP), a subsidiary of Vienna Insurance Group, has subscribed to its innovative property valuation solution. This solution, developed in collaboration with Dataligence, integrates 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, aims to improve the accuracy of risk assessments using comprehensive flood and natural hazard maps.

    The solution addresses the growing demand for digitized property services in the Czech market, enhancing 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.

    Intermap emphasizes the importance of its services in light of recent natural disasters and the need for increased flood insurance coverage. The company is well-positioned to meet this demand and address the growing need for reliable insurance solutions in Europe.

    The integration of Intermap's proprietary datasets with Dataligence's pricing and real estate databases enables insurers like ČPP to manage risk more effectively, improve underwriting margins, and provide accurate online property valuations. This solution is a significant step towards enhancing data transparency in the Czech real estate market, meeting the growing demand for digitized property services.

    Intermap's Chairman and CEO, Patrick A. Blott, stated that the company's solutions for the insurance market use proprietary datasets integrated into insurance processes to provide insurers with comprehensive tools throughout a portfolio lifecycle. The 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.

    The adoption of Intermap's property valuation solution by ČPP demonstrates market confidence in the company's innovative approach to enhancing data transparency in the Czech real estate market.