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Intermap Expands Global Insurance Business with Three-Year Fairfax Financial Subscription

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Intermap Expands Global Insurance Business with Three-Year Fairfax Financial Subscription. (2026, September 21). Toronto Star. https://www.thestar.com/globenewswire/intermap-expands-global-insurance-business-with-three-year-fairfax-financial-subscription/article_e22bf6b2-3005-5203-a05b-e5cea2ac4b5a.html

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Toronto Star · collected 2026-09-21 · by GlobeNewswire, Inc.

Quick Summary

Intermap Technologies has signed a three-year agreement with Colonnade Insurance S.A., a subsidiary of Fairfax Financial Holdings, to provide an integrated flood risk and property valuation solution. The deal aims to help Colonnade assess flood risks and market values using detailed geospatial data, starting in the Czech Republic and expanding into Slovakia and Hungary by 2028. This partnership highlights Intermap’s strategy to grow its insurance analytics solutions globally.
Written by AI on 2026-09-21, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

Intermap Technologies, a Denver-based geospatial intelligence company, signed a three-year subscription deal with Colonnade Insurance S.A., a Luxembourg-based non-life insurance firm owned by Fairfax Financial Holdings (a Canadian financial services holding company). The agreement involves an integrated flood risk and property valuation solution that helps Colonnade assess flood exposure, market value, and replacement cost using detailed, current data.

This partnership advances Intermap’s strategy to expand its recurring analytics solutions in the global insurance sector. Patrick A. Blott, Intermap's Chairman and CEO, highlighted the deal as evidence of how their model scales within the growing insurance market.

The solution allows for a streamlined operational workflow with accurate property information, enhancing Colonnade’s ability to manage risk and valuation efficiently.

Written for “Intermap Global Insurance Expansion” on 2026-11-02, grounded in this article and the 0 other(s) covering the same event.

Story

📰 Intermap Global Insurance Expansion
Other · 1 article(s) covering the same event.

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How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
37
sentences that state something as happening or true
Uncertain
8%
3 of 37 hedged ("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
64/100
Toronto Star's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Other
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-09-21 · how these are computed

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Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

Toronto Star · 11094 article(s) · 28 correction(s) detected
Running correction rate · 28 correction(s)
2026-10-26
Correction
2026-10-24
Correction
2026-10-07
Correction
2026-09-24
Correction

Who wrote this

No reporter is named on this article, beyond the feed's “GlobeNewswire, Inc.”.

Topics

Colonnade DENVER Intermap Intermap Technologies the Czech Republic

Subjects

Intermap ORG · 7× Colonnade ORG · 5× Intermap Technologies ORG · 2× the Czech Republic GPE · 2× Colonnade Insurance S.A. ORG · 1× Company ORG · 1× DENVER GPE · 1× GLOBE NEWSWIRE GPE · 1× IMP ORG · 1× ITMSF ORG · 1×

Narrative

Intermap’s forward-looking statements are subject to risks and uncertainties pertaining to, among other things, customer adoption, the timing and scope of planned deployments, the Company’s ability to commercialize and scale solutions across markets, cash available to fund operations, availability of capital, revenue fluctuations, the nature of government contracts, economic conditions, loss of key customers, retention and availability of executive talent, competing technologies, common share price volatility, loss of proprietary information, software functionality, internet and system infrastructure functionality, information technology security, breakdown of strategic alliances and international and political considerations, as well as the risks and uncertainties discussed in Intermap’s Annual Information Form and other securities filings.
framing: assertive · carried by 1 article(s) · first seen 2026-09-21
🔮 The words “anticipate,” “expect,” “project,” “estimate,” “forecast,” “will,” “would,” “may,” “plan,” “intend,” “grow,” “expand,” “scale” and similar expressions

Claims (37 extracted, 3 hedged)

Intermap Technologies (TSX: IMP; OTCQB: ITMSF) (“Intermap” or the “Company”), a global leader in geospatial intelligence powered by proprietary 3D data and AI-driven analytics, today announced a three-year subscription agreement with Colonnade Insurance S.A. (“Colonnade”) for an integrated flood risk and property valuation solution. asserted
Technologies → power → solution
Colonnade is a Luxembourg-based non-life insurance company owned by Fairfax Financial Holdings, a Canadian international financial services holding company listed on the Toronto Stock Exchange. asserted
Colonnade → base → Exchange
Through its subsidiaries, Fairfax is engaged in property, liability and casualty insurance, reinsurance and investment management. asserted
Fairfax → engage → insurance
The agreement advances Intermap’s strategy to scale recurring insurance analytics solutions across global markets. asserted
agreement → advance → markets
The solution enables Colonnade to assess flood exposure, market value and replacement value within a single operational workflow using detailed, current and traceable property information. asserted
solution → enable → information
“Insurance is a global growth market for Intermap, and this agreement demonstrates how our model scales,” said Patrick A. Blott, Chairman and CEO of Intermap Technologies. asserted
Blott → demonstrate → Technologies
“Intermap is increasingly providing valuable business intelligence solutions that leverage our proprietary global geospatial data, software and expertise. asserted
that → provide → data
We solve complex business problems by transforming geospatial information into recurring subscription solutions that can be deployed across customers, portfolios and geographies. asserted
that → solve → customers
The Colonnade deployment combines immediate operational value with a path to broader adoption, reflecting how we intend to grow our commercial insurance business worldwide.” The agreement illustrates how Intermap applies its global geospatial intelligence and analytics to solve market-specific challenges for insurers across jurisdictions. asserted
Intermap → combine → jurisdictions
The solution is designed to strengthen residential underwriting, portfolio review and customer-facing insurance processes while reducing the need to reconcile information from separate sources. asserted
solution → design → sources
“Establishing an appropriate insured value is fundamental to protecting our clients,” said Marián Bátovský, CEO of Colonnade Insurance in the Czech Republic. asserted
Bátovský → establish → Republic
“Combining property valuation and flood exposure in one digital workflow supports more consistent underwriting today and provides a scalable foundation as our business develops across markets.” asserted
business → combine → markets
The subscription begins in the Czech Republic, with planned expansion into Slovakia and Hungary in 2027. asserted
subscription → begin → 2027
Intermap and Colonnade have established an objective of extending the offering more broadly across Colonnade’s operations in Central and Eastern Europe by 2028, providing a defined path from an initial deployment to multi-country adoption. asserted
Intermap → establish → adoption
Recent natural catastrophes, including volcanic activity in Indonesia, a major earthquake in Colombia and catastrophic flooding in Nepal, underscore the critical need for timely, location-specific risk intelligence. asserted
catastrophes → include → intelligence
These events demonstrate the importance of geospatial intelligence in supporting disaster preparedness and response, guiding development and infrastructure decisions and helping governments, insurers and businesses allocate capital and resources efficiently and effectively. asserted
governments → demonstrate → capital
Property insurers worldwide require reliable hazard intelligence and current valuation data to establish appropriate coverage, identify potential underinsurance and manage concentrations of risk across diverse portfolios. asserted
insurers → require → portfolios
Munich Re’s NatCatSERVICE estimates that natural disasters caused approximately US$224 billion in global losses during 2025, of which insurers covered approximately US$108 billion. asserted
insurers → estimate → billion
Intermap’s combined offering supports online market valuation of residential units, replacement value calculations for family homes and consistent property-level analysis across insurance workflows. asserted
offering → support → workflows
Swiss Re Institute reports that global insured natural catastrophe losses have increased by 5% to 7% annually in real terms over the long term, driven primarily by rising exposure and costs. asserted
losses → report → exposure
Intermap’s insurance solutions combine proprietary, public and commercially available datasets with a 3D data foundation spanning more than 300 million square kilometers across more than 150 countries. asserted
solutions → combine → countries
This global foundation enables the Company to deliver location-specific risk intelligence for underwriting, accumulation management and portfolio monitoring through a repeatable enterprise subscription model. asserted
foundation → enable → model
Certain information provided in this news release, including references to the planned expansion of Intermap’s Flood Risk and Property Valuation Analytics solution to additional Colonnade Insurance S.A. operations, broader adoption of the solution, the scalability of Intermap’s insurance platform, growth in recurring subscription revenue and the expansion of Intermap’s commercial insurance business globally, constitutes forward-looking statements. asserted
information → provide → statements
The words “anticipate,” “expect,” “project,” “estimate,” “forecast,” “will,” “would,” “may,” “plan,” “intend,” “grow,” “expand,” “scale” and similar expressions uncertain
words → anticipate → ?
Although Intermap believes these statements are based on information and assumptions that are current, reasonable and complete, they are necessarily subject to a variety of known and unknown risks and uncertainties. asserted
they → believe → risks
Intermap’s forward-looking statements are subject to risks and uncertainties pertaining to, among other things, customer adoption, the timing and scope of planned deployments, the Company’s ability to commercialize and scale solutions across markets, cash available to fund operations, availability of capital, revenue fluctuations, the nature of government contracts, economic conditions, loss of key customers, retention and availability of executive talent, competing technologies, common share price volatility, loss of proprietary information, software functionality, internet and system infrastructure functionality, information technology security, breakdown of strategic alliances and international and political considerations, as well as the risks and uncertainties discussed in Intermap’s Annual Information Form and other securities filings. asserted
statements → look → Form
While the Company makes these forward-looking statements in good faith, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected. uncertain
results → make → those
Accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur or, if any of them do, what benefits the Company will derive from them. asserted
Company → give → them
All subsequent forward-looking statements, whether written or oral, attributable to Intermap or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. asserted
statements → write → statements
The forward-looking statements contained in this news release are made as of the date of this news release. asserted
statements → look → release
The Company does not undertake any obligation to update publicly or revise the forward-looking statements made herein, whether as a result of new information, future events or otherwise, except as may be required by applicable securities law. uncertain
Company → undertake → law
About Colonnade Insurance S.A. Colonnade Insurance S.A. is a Luxembourg-based non-life insurance company wholly owned by Fairfax Financial Holdings Limited. asserted
S.A. → base → Limited
The company was established to support Fairfax’s strategic expansion of its insurance business in Central and Eastern Europe. asserted
company → establish → Europe
About Intermap Technologies Intermap Technologies is a global leader in geospatial intelligence powered by proprietary 3D data and AI-driven analytics. asserted
Technologies → power → data
The Company delivers actionable intelligence to government and commercial customers through a portfolio of applications, platforms and solutions supporting risk management, infrastructure planning, operational readiness and mission-critical decision-making. asserted
Company → deliver → management
Intermap’s proprietary 3D data foundation spans more than 300 million square kilometers across more than 150 countries and powers intelligence solutions for government, insurance, aviation, telecommunications, transportation, renewable energy, agriculture, natural resources and space markets. asserted
foundation → span → government
Through advanced analytics, automated processing and enterprise-scale data delivery, Intermap helps organizations transform complex geospatial information into decision-ready intelligence. asserted
organizations → help → intelligence
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