Intermap's AI Flood Risk Platform Adopted Across Czech Insurance Market

Executive Summary

• Intermap Technologies announced that eight leading Czech insurers, representing the majority of the residential property insurance market, have adopted its AI‑enabled flood risk platform for underwriting, valuation and portfolio risk management.
• The multi‑year deployment incorporates updated 2024 flood event calibrations, new river flood maps (6th generation) and flash flood models (2nd generation), establishing a unified flood‑risk framework across the Czech insurance sector.
• Intermap’s 2026 flood models add technical enhancements such as revised return‑period classifications, bridge‑capacity integration for >130 municipalities, and 20 cm digital elevation simulations for building‑level urban flash‑flood modeling.

Key Details

• Customers: Eight leading insurers covering the majority of Czech residential property insurance market.
• Platform Components:
• AI Flood Risk Platform – includes sixth‑generation river flood maps & second‑generation flash flood models.
• Risk Assistant – AI analytics engine that combines proprietary 3D elevation data, precision vector datasets, and multi‑peril hazard layers (hail, wind, lightning, seismic).
• Technical Enhancements in 2026 Models:
• Revised return‑period classifications for impacted basins.
• Integration of bridge capacity & bottleneck effects across >130 municipalities.
• 20 cm digital elevation simulations enabling building‑level urban flash‑flood modeling.
• Deployment Scope: Multi‑year rollout coordinated with the Czech Insurance Association and the Czech Hydrometeorological Institute; includes hydrological recalibrations based on September 2024 severe flooding events.
• Strategic Impact: Positions Intermap as the market standard for property‑level flood risk assessment in the Czech Republic, supporting more accurate replacement‑cost estimation, accumulation exposure analysis, and catastrophe‑risk pricing.
• Market Context: Swiss Re sigma research indicates only 25–40 % of natural catastrophe losses in Europe are insured; many properties are underinsured at ~40 % of replacement value, highlighting demand for high‑quality geospatial intelligence.
• Executive Comments:
• Jan Matoušek (Exec. Director, Czech Insurance Association) emphasized the need for up‑to‑date data post‑2024 floods.
• Patrick A. Blott (Chairman & CEO, Intermap) highlighted the platform’s role in advancing recurring analytics across European insurance markets.

Notable Quotes

• “The 2024 floods confirmed that high-quality, up-to-date data is essential for insurers,” – Jan Matoušek, Executive Director, Czech Insurance Association.
• “Our adoption across the Czech insurance sector demonstrates that advanced geospatial analytics are becoming core underwriting infrastructure across Europe, not supplemental tools,” – Patrick A. Blott, Chairman and CEO, Intermap Technologies.