08:14 AM EDT, 03/20/2025 (MT Newswires) -- Intermap Technologies ( ITMSF ) on Thursday said its global insurance business in 2025 surpassed US$1.1 million from new client subscriptions and multiple renewals.

The company announced a new subscription with a bank-insurance group operating in five European countries. The group has adopted the latest generation of Intermap's ( ITMSF ) solution for natural hazards and climate change risk quantification.

Intermap ( ITMSF ) also recently secured a major partnership with Premium Insurance Company, which operates in the Czech Republic and Slovakia.

"We are seeing increased demand for our applications and solutions in our insurance vertical, driving record revenue early in the year," said Patrick Blott, chief executive officer. "Our data products are one of a kind, making our subscriber base sticky with de-minimis churn."

Intermap ( ITMSF ) will report its fourth quarter and full year 2024 results on Thursday, March 27.