Intermap Technologies (TSE:IMP) has released an encouraging update, detailing a robust beginning to 2025 for its insurance division. The company has already secured over $1.1 million through fresh client subscriptions and renewals, demonstrating the growing need for Intermap’s advanced geospatial solutions.
Strategic collaborations have been established with a prominent bank-insurance group in Europe and PREMIUM Insurance Company Limited. These partnerships will bolster their capacity for handling flood risks, underlining the increasing industry demand for effective risk management tools. Intermap’s 3D geospatial data solutions, powered by AI and machine learning, are key to offering precise risk assessments, which further cements the company’s standing within the insurance market.
About Intermap Technologies
Intermap Technologies is a worldwide leader in 3D geospatial products and intelligence solutions. The company concentrates on delivering cutting-edge mapping and risk assessment tools across multiple sectors, with a particular emphasis on the insurance industry. One of its notable solutions is the Aquarius RMA, designed for evaluating natural hazards and quantifying the risks related to climate change.
The current market capitalization of Intermap is C$89.01M. Detailed analytics regarding IMP stock performance can be found on TipRanks’ Stock Analysis page.
