Tech Startup, Risk Spatial, partners with Esri to provide insurance solutions
Announcement posted by Rhetoric PR 24 Feb 2016
New startup, Risk Spatial Pty Ltd, today announces it has been accepted onto the Esri Startup Program, enabling them to develop innovative solutions using mapping and location analytics technology for the insurance industry, focussing on catastrophe risk and exposure management.
Risk Spatial is developing the next generation of applications that will help insurance entities not only manage their catastrophe exposure, but leverage spatial information to enable better underwriting decisions and guide risk strategy.
Risk Spatial are now set to select industry partners to help guide the development of cutting-edge, spatially-enabled solutions for catastrophe risk and exposure management.
Catastrophe expert and Risk Spatial Director, Nick Hassam, says he is proud to announce this exciting development which builds on the success the company has experienced in the global insurance and reinsurance markets since its inception.
“This partnership provides us with a robust platform on which to develop geographic solutions that serve the entire insurance industry.
“We have decades of experience utilising the Esri environment and this announcement will further enhance our partnership with one of the world’s leading suppliers of Geographic Information System (GIS) software.
“We understand the challenge the insurance industry experiences when it comes to implementing solutions for hazard assessment and accumulation management. Our experience and technical ability together with the power of the Esri ecosystem will bring new and exciting technology to the art of underwriting.”
ENDS
For further information, please contact:
Sophie Chant | Rhetoric Communications | +61 (0) 434 104 502 | sophie@rhetoriccommunications.com
About Risk Spatial
Risk Spatial was founded in 2015 with the goal of extending the use of spatial science to a range of industries and organisations. Building upon a rapidly growing supply of geographic information, the decreasing cost of managing enterprise spatial platforms and an ever-increasing demand for high quality, fit-for-purpose analytical capability, Risk Spatial leverages industry experience and technical know-how to implement solutions in all organisations and markets.
Director Nick Hassam has a career spanning more than 17 years, providing managerial, consultancy and technical expertise to a range of organisations, industries and international markets. Nick holds a Diploma of Applied Science from the University of South Australia, a Master of Science from the University of London and a Master of Business Administration from the University of Adelaide.
The company’s head-office is in Adelaide, Australia.
Visit us at www.riskspatial.com.
About Esri
Since 1969, Esri has been giving customers around the world the power to think and plan geographically. The market leader in GIS, Esri software is used in more than 350,000 organizations worldwide including each of the 200 largest cities in the United States, most national governments, more than two-thirds of Fortune 500 companies, and more than 7,000 colleges and universities. Esri applications, running on more than one million desktops and thousands of Web and enterprise servers, provide the backbone for the world's mapping and spatial analysis. Esri is the only vendor that provides complete technical solutions for desktop, mobile, server, and Internet platforms. Visit us at www.esri.com.
About the Esri Startup Program
The Esri Startup Program is a three-year program and gives emerging businesses the tools to build mapping and location analytics capabilities into their products. Qualifying startups receive cloud services, software, training and support, content, and other opportunities to help them succeed.
For more information about the Program see https://developers.arcgis.com/en/startups/
Risk Spatial is developing the next generation of applications that will help insurance entities not only manage their catastrophe exposure, but leverage spatial information to enable better underwriting decisions and guide risk strategy.
Risk Spatial are now set to select industry partners to help guide the development of cutting-edge, spatially-enabled solutions for catastrophe risk and exposure management.
Catastrophe expert and Risk Spatial Director, Nick Hassam, says he is proud to announce this exciting development which builds on the success the company has experienced in the global insurance and reinsurance markets since its inception.
“This partnership provides us with a robust platform on which to develop geographic solutions that serve the entire insurance industry.
“We have decades of experience utilising the Esri environment and this announcement will further enhance our partnership with one of the world’s leading suppliers of Geographic Information System (GIS) software.
“We understand the challenge the insurance industry experiences when it comes to implementing solutions for hazard assessment and accumulation management. Our experience and technical ability together with the power of the Esri ecosystem will bring new and exciting technology to the art of underwriting.”
ENDS
For further information, please contact:
Sophie Chant | Rhetoric Communications | +61 (0) 434 104 502 | sophie@rhetoriccommunications.com
About Risk Spatial
Risk Spatial was founded in 2015 with the goal of extending the use of spatial science to a range of industries and organisations. Building upon a rapidly growing supply of geographic information, the decreasing cost of managing enterprise spatial platforms and an ever-increasing demand for high quality, fit-for-purpose analytical capability, Risk Spatial leverages industry experience and technical know-how to implement solutions in all organisations and markets.
Director Nick Hassam has a career spanning more than 17 years, providing managerial, consultancy and technical expertise to a range of organisations, industries and international markets. Nick holds a Diploma of Applied Science from the University of South Australia, a Master of Science from the University of London and a Master of Business Administration from the University of Adelaide.
The company’s head-office is in Adelaide, Australia.
Visit us at www.riskspatial.com.
About Esri
Since 1969, Esri has been giving customers around the world the power to think and plan geographically. The market leader in GIS, Esri software is used in more than 350,000 organizations worldwide including each of the 200 largest cities in the United States, most national governments, more than two-thirds of Fortune 500 companies, and more than 7,000 colleges and universities. Esri applications, running on more than one million desktops and thousands of Web and enterprise servers, provide the backbone for the world's mapping and spatial analysis. Esri is the only vendor that provides complete technical solutions for desktop, mobile, server, and Internet platforms. Visit us at www.esri.com.
About the Esri Startup Program
The Esri Startup Program is a three-year program and gives emerging businesses the tools to build mapping and location analytics capabilities into their products. Qualifying startups receive cloud services, software, training and support, content, and other opportunities to help them succeed.
For more information about the Program see https://developers.arcgis.com/en/startups/