- Geospatial data and intelligence solutions provider Intermap Technologies ( OTCQX:ITMSF ) ( TSX: IMP:CA ) said multiple members of the Czech Association of Insurers have agreed to sign $3.1M multiyear, multi-license contracts.
- The contracts are for the company's flood risk software, Aquarius RMA and a new generation of precision flood hazard maps.
- The Czech Association of Insurers underwrite 98% of the total premiums in the Czech Republic.
- The contract is expected to add 21% growth to Intermap's monthly recurring revenue.
- Source: Press Release
For further details see:
Intermap to sign $3.1M contract with Czech Association of Insurers members