McKenzie Intelligence Services (MIS) provides insurers with geospatial data and analysis to accelerate industry response to catastrophic events, driving disaster relief and economic recovery. MIS’s core product offering, the Global Events Observer (GEO), is a proprietary platform that uses real-time information, machine learning and expert analysis to provide clients with detailed and actionable intelligence to enable data-driven decision making. This allows underwriters to access detailed post event assessments within 24 hours following an incident.
Economic losses from natural disasters are on the rise, driven by the increasing frequency and severity of extreme weather events and natural disasters. Insurers are investing significantly in catastrophe models and systems to help them better understand and manage their exposures and tailor their prices more closely to such risks. GEO’s ability to provide actionable intelligence can assist insurers, reinsurers, and loss adjusters in making more informed and efficient decisions in the assessment of sites and the allocation of resources.
We are thrilled to be joining Maven's impressive track record of investments. As catastrophic events across the globe are becoming increasingly common and more severe, insurers are pressured to act more rapidly and effectively than ever before. This investment is an opportunity to reaffirm our mission of delivering accelerated and reliable intelligence for insurers to confidently make decisions in these critical times. Maven's support and belief in our purpose will allow us to further develop GEO to better meet the requirements of a constantly developing industry. Through growing our unique team of geospatial and insurance specialists, we look forward to fortifying our presence in the UK and expanding to international opportunities across Europe and the US.
Forbes McKenzie, Founder and CEO at MIS
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