MAPTYCS partners with Munich Re unit to enhance climate risk management [Yahoo! Finance]
MUENCHENER RE GP UNSP/ADR (MURGY)
NASDAQ:AMEX Investor Relations:
ir.kiterealty.com
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Source: Yahoo! Finance
The collaboration seeks to offer businesses across the world advanced tools for risk management amid increasing natural disasters and a tightening property insurance market. Through this partnership, companies will be able to use the MAPTYCS platform to access Munich Re's Location Risk Intelligence data. RMP utilises Munich Re's experience in reinsurance, primary insurance and risk solutions to advance risk assessment capabilities. Meanwhile, MAPTYCS offers geospatial analytics that risk managers and insurers use to evaluate risk exposure at individual locations or across portfolios, track value accumulations geographically, monitor severe weather events and develop financial scenarios. With this partnership, users of MAPTYCS can now incorporate Munich Re's comprehensive multi-peril risk scoring into their property and climate risk management strategies. It is expected to enhance their risk assessment, mitigation, pricing and claims resources management operations. MAPTYC
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