October 26, 2021 – Today, Maptycs (https://maptycs.com/newsite), an insurtech company that uses geospatial visualization and advanced analytics technology to help insurance professionals manage property risk exposure, assess climate change impacts, and monitor severe weather events in real-time, announced it had been named to FinTech Global’s InsurTech100 ranking for a second consecutive year. According to Fintech Global’s announcement on November 26, 2021, the Insurtech100 highlights the world’s most innovative InsurTech companies that will impact the insurance industry as it continues its explosive digital transformation.
“We are proud to have been recognized by FinTech Global as one of the world’s most innovative insurtechs” said Jacqueline Legrand, Founder and CEO of Maptycs. “With Maptycs®, underwriters can more effectively assess property risks, compute competitive premiums and achieve profits in a fast-changing climate risk environment.”
Fintech Global’s announcement emphasized its recognition of insurtech solutions currently shaping the future in the insurance industry, with a panel of analysts and industry experts who carefully evaluated and selected from a list of more than 1,400 companies. The companies selected in the final list were identified for their innovative use of technology to solve a significant industry problem, generate cost savings, or improve efficiency across the insurance value chain.
The full list of the InsurTech100 can be found at http://www.TheInsurTech100.com
MAPTYCS® is a property risk exposure management and event response solution for the commercial insurance industry. Through its next-generation platform, MAPTYCS® combines the latest technologies, a proprietary Geographic Information System (GIS), a fully integrated Business Intelligence capability (BI) tool and a data warehouse, to store and manage high volume location-based data. It also includes a highly customizable notifications engine to monitor severe weather events. Underwriters can more effectively assess risk to compute premiums and place adequate reinsurance, while setting timely and adequate reserves for claims payouts. The overall goal is to remain competitive and achieve underwriting profits in a fast-changing risk environment. The platform is powerful, easy to use and can be integrated in existing systems. Visit https://maptycs.com/https://maptycs.com/ for more information