Intermap’s AI Flood Risk Platform Adopted Across Czech Insurance Market
DENVER, April 01, 2026 (GLOBE NEWSWIRE) — Intermap Applied sciences (TSX: IMP; OTCQB: ITMSF) (“Intermap” or the “Firm”), a worldwide chief in 3D geospatial merchandise and intelligence options, at this time introduced that eight main insurers, representing a majority of the Czech residential property insurance coverage market, have adopted Intermap’s AI flood danger platform, together with its sixth-generation river flood maps and second-generation flash flood fashions, to help underwriting, property valuation and portfolio danger administration nationwide.
The multi-year deployment, developed in coordination with the Czech Insurance coverage Affiliation and the Czech Hydrometeorological Institute, incorporates hydrological recalibrations following the extreme flooding occasions of September 2024 and establishes a unified flood danger framework throughout the Czech insurance coverage sector.
The 2024 floods underscored the broader structural disaster safety hole throughout Europe and the rising problem of property underinsurance. In response to Swiss Re sigma analysis, 25–40% of pure disaster losses in Europe are insured, and in sure markets properties are insured for as little as 40% of their alternative worth as a result of speedy value appreciation and outdated valuation methodologies. These structural gaps spotlight the necessity for investment-grade geospatial intelligence embedded instantly into underwriting, valuation and publicity administration workflows.
The Czech deployment positions Intermap because the market normal for property-level flood danger evaluation and valuation help, enabling insurers to extra precisely quantify alternative price, accumulation publicity and disaster danger.
Intermap’s 2026 flood fashions introduce materials technical enhancements, together with revised return-period classifications in impacted basins, integration of bridge capability and bottleneck results throughout greater than 130 municipalities, and 20-centimeter digital elevation simulations to mannequin city flash flooding at building-level precision.
Central to the deployment is Intermap’s Threat Assistant, an AI-enabled analytics platform that automates complicated geospatial danger analysis at scale. Shifting past static deal with lookups, the system integrates proprietary 3D elevation information, precision vector datasets and multi-peril hazard layers to ship goal, property-specific danger assessments in actual time. The platform additionally incorporates meteorological and geophysical datasets together with hail, wind, lightning and seismic exercise to help multi-peril underwriting and automatic claims validation.
“The 2024 floods confirmed that high-quality, up-to-date information is important for insurers,” mentioned Jan Matoušek, Government Director of the Czech Insurance coverage Affiliation. “This platform permits exact, object-level analysis and helps extra knowledgeable underwriting and reinsurance choices throughout the market.”
“Our adoption throughout the Czech insurance coverage sector demonstrates that superior geospatial analytics have gotten core underwriting infrastructure throughout Europe, not supplemental instruments,” mentioned Patrick A. Blott, Chairman and CEO of Intermap. “By combining our proprietary 3D basis information with AI-enabled automation, we ship investment-grade geospatial intelligence with assured place, accuracy and timing — enabling a standard working image throughout the trade. In an atmosphere the place underinsurance stays a systemic European problem, our platform helps extra correct property valuation, publicity transparency and risk-based pricing whereas advancing our technique to increase recurring analytics throughout Europe’s insurance coverage markets.”
Study extra about Intermap’s European options here.
Intermap Reader Advisory
Sure info supplied on this information launch constitutes forward-looking statements, together with statements regarding income progress, EBITDA margin enlargement, future contracting and anticipated advantages of the Czech deployment. The phrases “anticipate,” “anticipate,” “mission,” “estimate,” “forecast,” “intend,” “will” and comparable expressions are meant to determine such forward-looking statements. Though Intermap believes these statements are based mostly on present, affordable assumptions, they’re topic to recognized and unknown dangers and uncertainties, together with dangers regarding obtainable capital, income fluctuations, authorities contracting, financial circumstances, buyer retention, know-how competitors, cybersecurity, strategic partnerships and worldwide operations, in addition to these described in Intermap’s Annual Info Kind and different securities filings. Precise outcomes could differ materially from these expressed or implied. The forward-looking statements contained herein are made as of the date of this launch and Intermap undertakes no obligation to replace them besides as required by relevant securities legal guidelines.
About Intermap Applied sciences
Based in 1997 and headquartered in Denver, Colorado, Intermap (TSX: IMP; OTCQB: ITMSF) is a worldwide chief in geospatial intelligence options, specializing in the creation and evaluation of 3D terrain information to provide high-resolution thematic fashions. By way of scientific evaluation of geospatial info and patented sensors and processing know-how, the Firm provisions numerous, complementary, multi-source datasets to allow clients to seamlessly combine geospatial intelligence into their workflows. Intermap’s 3D elevation information and software program analytic capabilities allow world geospatial evaluation via synthetic intelligence and machine studying, offering clients with vital info to know their terrain atmosphere. By leveraging its proprietary archive of the world’s largest assortment of multi-sensor world elevation information, the Firm’s assortment and processing capabilities present multi-source 3D datasets and analytics at mission velocity, enabling governments and firms to construct and combine geospatial basis information with actionable insights. Functions for Intermap’s merchandise and options embody protection, aviation and UAV flight planning, flood and wildfire insurance coverage, catastrophe mitigation, base mapping, environmental and renewable power planning, telecommunications, engineering, vital infrastructure monitoring, hydrology, land administration, oil and gasoline and transportation.
For extra info, please go to http://www.intermap.com or contact:
Jennifer Bakken
Government Vice President and CFO
CFO@intermap.com
+1 (303) 708-0955
Sean Peasgood
Investor Relations
Sean@SophicCapital.com
+1 (647) 260-9266
