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Taking the guesswork out of Distance to Coast Calculation and the Property & Casualty underwriting process

This acquisition further solidifies Insurity’s position as the industry leader in data and analytics

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Sectors:
  • Financial Technology
  • Software

JEGI LEONIS has advised Maprisk on their sale to Insurity, a portfolio company of GI Partners.

Maprisk provides geospatial data and analytics software to enable underwriting automation and allows P&C carriers and MGAs to smartly plan and proactively respond to natural disasters. Maprisk offers data and analytics with a strong focus on natural hazard data, both proprietary and through third parties, which is delivered directly to P&C carriers and MGAs via an easy-to-integrate API and through Maprisk’s web platform. Their comprehensive geospatial and multi-peril coverage includes data on flood, wind, wildfire, property, and crime scores, plus high-resolution aerial and satellite imagery.

With the addition of Maprisk to the Insurity suite, P&C carriers and MGAs writing personal and commercial lines can seamlessly integrate geospatial data and analytics across the full policy lifecycle, from quoting and underwriting to claims. The acquisition of Maprisk builds on Insurity’s prior acquisition of SpatialKey, the market leader in geospatial solutions with the largest open network of specialty and hazard data providers, in December 2019. This acquisition further solidifies Insurity’s position as the industry leader in data and analytics, both in commercial lines and now in personal lines, with greater breadth and depth than any other geospatial data provider. It also furthers Insurity’s vision of empowering the insurance industry with the world’s most configurable, cloud-based, and intuitively analytical software suite.

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