Geoinsure
Satellite-derived geospatial intelligence for natural catastrophe risk assessment
Overview
GeoInsure is a geospatial data and analytics platform for the (re)insurance sector, developed by Romanian earth observation company Terrasigna under the European Space Agency's Business Applications and Space Solutions (BASS) programme. The platform delivers satellite-derived natural catastrophe (NatCat) insights to insurers and reinsurers, covering floods, earthquakes, and landslides.
The platform combines Global Navigation Satellite System (GNSS) data, Earth Observation (EO) imagery -- primarily from the Copernicus Sentinel-1 A/B satellites -- and advanced geospatial analytics to produce standardized insurance-ready reports. GeoInsure supports two deployment modes: on-premises installation or web-based SaaS access, both with REST API connectivity to existing insurance systems.
Terrasigna brings over 15 years of Earth Observation research and platform development to the product. GeoInsure reached Technology Readiness Level 7 (TRL 7) by the end of the ESA project phase and has been piloted with insurance sector customers in Romania. The ESA sponsorship is a grant-based programme rather than equity funding, so the company is classified as bootstrapped.
Products & Services
GeoInsure Platform
A ready-to-use geospatial intelligence platform that provides harmonized geo-services and geodata products tailored to (re)insurance market requirements.
Key Features
- Satellite-derived damage assessment reports for floods, earthquakes, and landslides
- Natural disaster alert system monitoring abnormal rainfall, rising river levels, and seismic activity
- Policy portfolio geocoding and coverage filtering
- Multi-layer data: territorial reference maps, digital elevation models, precipitation values, water levels, epicenter data, soil moisture anomalies
- REST API for integration with policy management and claims platforms
- Open-source foundation using OSI-approved permissive licenses
Target Users: Underwriters, claims teams, and catastrophe risk managers at (re)insurers with European property exposure
At a Glance
- Headquarters
- Bucharest, Romania
- Employees
- 11-50
- Funding
- Bootstrapped
Category & Focus
- Category
- Data & Analytics
- Subcategories
- NatCat Intelligence Geospatial Risk Data Satellite Imagery Analytics
- Insurance Verticals
- P&C Commercial Specialty/E&S Reinsurance
- Target Customers
- Carriers, Reinsurers
Customers
- Key insurance sector players in Romania (not publicly named)
Similar Companies
-
InsurinoPolicy-data aggregation and credit-verification platform for Swedish insurance advisors, brokers, and lenders. -
RRNA AnalyticsActuarial and risk management software for life and non-life insurers
-
IInsurance Data SolutionsBordereaux management and insurance data services for the London Market
-
IInsight Analytics SolutionsUK pricing and lost-quote analytics for P&C insurance carriers.
-
IInscorepData engineering and web platforms for South African short-term insurers
-
CJ Cube TechnologiesThe glue that brings insurance software and applications together.
Last updated: 2026-05-12