Riskonnect & MAPTYCS partner to enhance property and climate risk management

Riskonnect, a provider of integrated risk management software solutions, has formed a strategic partnership with MAPTYCS, a geospatial platform for property risk analysis and event response, to offer a faster, more efficient approach to managing property and climate risks.

This partnership provides corporate and insurance risk professionals with access to accurate, timely data, enabling them to assess and analyse their property risk exposure with greater speed and precision.

The integration of Riskonnect and MAPTYCS introduces a modern, visual-first method to assess, prepare for, and respond to potential threats, as climate-related events increase in frequency and severity, presenting growing challenges for organisations managing this risk.

MAPTYCS enables users to evaluate property risk at every level, making it easier to identify aggregations of values in high-exposure zones. By combining proprietary and third-party datasets, including data from NOAA, FEMA, and XWeather, users can gain deeper insights and make faster, more informed decisions.

“Our partnership with MAPTYCS continues Riskonnect’s commitment to innovation,” said Patrick Eslick, VP Product Management at Riskonnect. “By leveraging MAPTYCS geospatial analytics, we’re able to equip our customers with visual insights to better assess their property risk exposures and provide alerts to key personnel when NatCat events occur.”

Jacqueline Legrand, Co-Founder and CEO of MAPTYCS, added, “MAPTYCS empowers users to move beyond spreadsheets and disconnected tools to a visual-first, data-rich environment.

“By integrating with Riskonnect’s platform, we’re giving risk managers a new level of clarity and speed to manage risk and build resilience proactively.”

The integration also enhances the insurance renewal process by providing organisations with the same risk intelligence used by the insurance market. Risk professionals can leverage these insights to strengthen their negotiating position with brokers and underwriters. When severe weather events occur, they can quickly mitigate losses, protect operations, and ensure business continuity.

Together, Riskonnect and MAPTYCS offer a comprehensive solution that enhances risk assessments, lowers claims costs, and helps organisations operate confidently in an increasingly unpredictable world.

The post Riskonnect & MAPTYCS partner to enhance property and climate risk management appeared first on ReinsuranceNe.ws.

Riskonnect, a provider of integrated risk management software solutions, has formed a strategic partnership with MAPTYCS, a geospatial platform for property risk analysis and event response, to offer a faster, more efficient approach to managing property and climate risks. This partnership provides corporate and insurance risk professionals with access to accurate, timely data, enabling them…