GEO wins 1st prize for best new climate technology for insurance

Geofinancial Analytics is pleased to announce that its MethaneScan® data product has been awarded first prize by Cookhouse Labs for the 2022 Global InsurTech Competition.

"Methane is going to be an incredibly important topic that needs to be addressed in the years ahead," says Paul Kovacs, Executive Director of the Institute for Catastrophic Loss Reduction and a 2022 Cookhouse Labs judge. "Your forward looking [MethaneScan®] product will allow for that to be done systematically with benchmarking, looking across companies. Outstanding work to clearly tie this new product to the immediate needs of the insurance industry, and to bring in insurance people to take the time to understand their needs and make this product work."