Intermap Technologies announced SLASPO has signed a letter of intent stating that multiple insurers in Slovakia have agreed to enter negotiations to finalize subscriptions to Intermap's flood risk software solution and hazard maps. This milestone agreement represents a significant step forward in enhancing the insurance industry's ability to effectively manage flood risk and provide accurate property risk evaluations. Intermap's flood datasets and unique software streamline insurance analytics and geocoding capabilities, enabling insurance companies to provide comprehensive property-specific underwriting.

Each insurance company under the multi-license contract will have access to Intermap's next-generation flood hazard maps and risk analytics. Intermap's current insurance clients in Slovakia include Allianz and Generali. Contract negotiations with additional members of the Slovak Insurance Association will take place over the next several months.