PR - Intermap TechnologiesTM today announced an agreement with Guy Carpenter & Company, LLC, the leading global risk and reinsurance specialist to their Instrat(R) unit with high-resolution digital elevation models. The models will enable, in collaboration with hydrological modeling experts JBA Consulting, the development of comprehensive flood hazard maps and a state-of-the-art national flood model for France.
Intermap's digital elevation models, collected as part of its NEXTMap(R) Europe -- France countrywide 3D digital mapping program, will enable Guy Carpenter and JBA to produce detailed flood boundary maps of the modeled river network. These maps will depict both the depth of water and the area flooded for four return periods (50-, 100-, 250-, and 1000-years). Specifically, Intermap will provide Guy Carpenter with a uniformly accurate 3D digital terrain model (DTM) for the whole of France.
Under the terms of the agreement, Intermap will be able to add the resultant flood maps to its extensive risk management solutions portfolio. "I am excited about this unique cooperation with Guy Carpenter and JBA," said Manfred Krischke, Intermap's managing director and vice president for Europe. "This relationship will allow Intermap to offer superior risk management solutions to the French market and to set the de facto flood risk assessment standard for years to come. The fact that we will have full use of these outstanding flood maps, as well as the ability to make them available to our own customers, merely highlights the tremendous synergies comprising this relationship."
The agreement also involves JBA Consulting, which will be responsible for providing river-flow modeling for approximately 80,000 kilometers of the French river network, using a comprehensive set of historic hydrological data collected from nearly 3,700 river gauge stations throughout the country. The modeling of river-flow will leverage J-Flow, JBA's 2D hydraulic model, routed through Intermap's 3D DTM with a vertical resolution of 1 meter.
"By combining our probabilistic modeling capabilities with the finest digital terrain model and a unique hydrological modeling approach, this will be the most detailed countrywide model of the French territory available," said Bernard Paul, Managing Director, Guy Carpenter. "We plan to complete flood hazard maps by the end of 2009, closely followed by a fully probabilistic national flood model for France in early 2010," added Manuel Chirouze, project manager for the France Flood model development and member of the European model development team in Guy Carpenter's Instrat(R) unit. "We expect that the model will enable insurance companies to better quantify their exposure to flood for reinsurance and risk management purposes."
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