Intermap’s InsitePro Clients Post Excellent Underwriting Results After Tropical Storm Hilary - Seite 2

Another longtime client, Superior Flood, is one of the oldest private flood insurance companies in the country, in business since 2000 and serving tens of thousands of clients throughout the U.S., including Hawaii. “We have been refining our underwriting guidelines using Intermap’s technological advances by detecting and eliminating high-risk properties in areas exposed to catastrophic weather events,” said Matt Herr, Owner of Superior Flood. “This has proven to be a major win for Superior Flood and all of our Lloyd’s of London Syndicates. We are proud to announce that we have not had any claims due to Hilary, we had zero claims for Nicole and under 20 claims for Ian. We at Superior Flood send our sincere thoughts and prayers to those who were affected by any major storm. It’s devastating to lose a home and personal belongings in such a traumatic way.”

InsitePro is a Software as a Service package that delivers property-specific underwriting analytics for flood insurance anywhere in the U.S. and Canada. InsitePro leverages Intermap’s proprietary datasets and algorithms to measure flood risk more accurately than other solutions. InsitePro insurance software and analytics posted 12% growth of monthly recurring revenue (MRR) through the first half of 2023. The growth was underpinned by six long-term clients increasing their annual subscription value by up to 100% over the previous year. Retention of revenue remains robust with an annual net retention (ANR) rate of 96% as of June 30, 2023.

Learn more about Intermap’s insurance solutions and InsitePro at intermap.com/insurance

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