Ventiv Resource Library
Issue link: https://ventiv.uberflip.com/i/1463932
60 ©2022 Redhand Advisors. All rights reserved. MAPTYCS Company Overview MAPTYCS ® is a New York-based insurtech company that develops geospatial risk analytics software to transform risk exposure data into actionable insights in real-time. We target the property insurance and reinsurance markets, and the corporate risk management market, with medium and large properties portfolio sizes (primarily real-estate, retail, manufacturing). We started to build the first iteration of our platform in 2016, before we named it MAPTYCS, and we onboarded our first paying clients in 2017, in the risk management and insurance industry. MAPTYCS Product Information MAPTYCS is a geospatial risk assessment solution for property risk exposure management, climate change reporting and real-time weather events monitoring. Users can combine and analyze multiple data sets to assess property risk exposure and vulnerabilities to natural catastrophes for a single location or an entire property portfolio. They can create custom and interactive risk analytics and monitor real-time severe weather events with a highly customizable notifications engine. The platform seamlessly integrates external data, such as risk maps and datasets developed by governmental agencies or acquired from specialist third party providers, to give our users a granular understanding of their property risk exposure and accurately project losses as natural disasters unfold. What's New In 2021 completed a series of strategic features including custom thematic maps, dynamic portfolio indicators, a clustering engine to identify accumulations of any values on a selected radius, and a highly customizable severe weather notifications capability to support events response. We initiated the integration of IPCC Climate change data to support new ESG reposting obligations for corporations. Finally we added the possibility for users to invite external users for a limited period of time (for instance to invite insurance carriers at renewal time so they can visualize the property portfolio into Maptycs and download the SOV from the platform) - this is the "exchange platform" concept. Technology Overview The foundation of MAPTYCS® leverages mature frameworks and languages combined with advanced technologies. The platform combines a proprietary GIS (Geographic Information System), a fully integrated BI (Business Intelligence) tool and a data warehouse, to store and manage a high volume of location-based data. The technical solution includes in-memory data management (SingleStore), C++ NoSQL database (ScyllaDB) and PostgreSQL. Maptycs can be used as a standalone platform or can be easily integrated via APIs with existing systems. Customer Experience Support Hours Regular business hours in Eastern and Central European time zones. Support Offered • Email • Helpdesk • User Manuals • Video tutorials User Conference No Client Advisory Council N/A Product Implementation Time 30 days Product License SaaS model Average Annual Fee $30,000 Customers Users Deployment • Public cloud • SaaS Hosting 3rd Party hosted (Amazon Web Services) Security Certifications ISO 27001 Data Encryption N/A Browsers Browser agnostic maptycs.com Company Info Ownership Privately held, WEBCBG, LLC Founded | 2017 Headquarters & Locations • New Rochelle, NY Leadership • Jacqueline Legrand, CEO & Co-Founder • Ernest Legrand, Co-Founder Contac t Jacqueline Legrand 212-203-5823 jacqueline.legrand@maptycs.com Employees | 12 Annual Revenues Top Industries • Construction & Engineering • Insurance • Manufacturing • Real Estate • Retail Produc t Of ferings • Catastrophic Risk Mgmt • Claims Mgmt • Data Analytics/ Predictive Modeling • Exposure/Asset Mgmt • Location/Property Mgmt