Insurity acquires geospatial data company Maprisk
Insurity , a provider of cloud-based core system solutions and data analytics for insurers, brokers, and MGAs, announced that it has completed the acquisition of Maprisk
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. 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, a geospatial solutions company with an open network of specialty and hazard data providers, in December 2019. It also furthers Insurity’s vision of empowering the insurance industry with the world’s most configurable, cloud-based, and intuitively analytical software suite.