About GeoInsure project
GeoInsure stands at the heart of a Romanian initiative planned to transfer the knowledge acquired by Terrasigna in its over 15 years of Earth Observation based research activities and platform development into the operational domain of the (re)insurance market.
Today, the GeoInsure is a geospatial platform custom designed as a full stack of geo services and geodata products for the specific needs of the (re)insurance private sector with an emphasis on natural catastrophes (Nat Cat) and extreme weather events insurance and reinsurance activities.
At the origins of the GeoInsure platform was a project co-financed by Terrasigna and the European Space Agency, through the Call For Proposals For Downstream Applications In Artes 4.0 and endorsed by the Romanian Space Agency as an important development action in the Romanian Earth Observation downstream commercial sector. The project was developed during 2022-2024 and through it was set the groundwork for a larger Terrasigna initiative entirely dedicated to the (re)insurance market.