It's been five years since the creation of Geosapiens! Over the past few years, our company has grown, and we would like to summarize our accomplishments and share through this article the most important moments of Geosapiens during these 5 years.
Geosapiens : from the research lab to the market
Geosapiens founders have worked for more than 5 years in the development of a flood risk management solution in the context of R&D projects conducted within the Institut National de la Recherche Scientifique (INRS) and in partnership with the government and the insurance industry. The outcome of these projects led to the creation of an innovative flood model that met the needs of a various public and private stakeholders involved in the management of this natural hazard. This achievement was an important milestone that encouraged Geosapiens team to make the leap from research to business.
2017 : a start during a historic year in Quebec
May 5, 2017 - Flooding in Louiseville (Quebec). PHOTO: RADIO-CANADA / MAUDE MONTEMBEAULT
2017 was a historic flood year for Quebec and Canada. Spring flooding have affected hundreds of municipalities and caused significant damages to thousands of properties across the country. The impacts caused by this historic event on municipalities and insurance industry were a trigger for Geosapiens creation. As a matter of fact, Geosapiens founders wanted to offer a flood management solution that would help insurance companies, municipalities, and property owners to anticipate, and better assess flood risks to reduce their economic, social, and environmental impacts.
Aquahacking 2018: A first successful milestone for Geosapiens
E-NUNDATION - Winner of the first prize at the Aquahacking challenge 2018
The Geosapiens Aquahacking 2018 first prize was an achievement that confirmed the commercial potential of E-NUNDATION, Geosapiens operational flood management tool. Since then, E-NUNDATION has been implemented in several municipalities to help them better manage floods and optimize their operations before, during and after the disaster.
2021: A strategic investment with Co-operators
The year 2021 is a strategic year for Geosapiens!
Co-operators, one of Canada's largest insurance companies, invested in Geosapiens to help the company to accelerate the deployment of its high spatial resolution flood model across Canada. This revolutionary model provides the insurance companies with the most accurate flood maps on the market, allowing them to assess risk more accurately for their clients and offer more accessible and viable flood insurance products.
2022: Geosapiens team is growing!
Geosapiens team in 2022
Over the years, new talents have chosen to develop their potential within Geosapiens. We are proud to welcome them and offer them a stimulating environment in which they can reach their full potential and contribute to achieve our mission.
Geosapiens team members come from diverse backgrounds and bring different skills, but they all share the same values: innovation, reliability, and passion for their work.
It's not over, Geosapiens story continues...
Since 2017, Geosapiens has been providing flood risk management and assessment products and services to insurance companies, municipalities, and the real estate industry. Due to climate change, extreme events are becoming more frequent and devastating. That's why we are committed to helping our communities be more resilient to these risks.
We would like to thank all our partners who have contributed to the development of Geosapiens. Your support and trust have allowed us to grow as an organization and to pursue our mission of providing an exceptional service to our clients.
We look forward to showcasing our great achievements in the coming months, so stay tuned!
Geosapiens team