Location intelligence company Gamma has said it expects to generate €5.7 million in revenues in the UK market by 2025, following a deal it has signed with insurance company MGAM.
Gamma said the new deal ties in with the company′s aim to become a leading provider of location risk solutions in the UK insurance market.
This new contract involves the deployment of Gamma′s Perilfinder software
Established in Dublin in 1993, Gamma opened an office in Manchester last year.
The company said it is planning to add to its team over the coming years and roll out its Perilfinder software to companies across Europe, the Middle East and Africa.
Richard Garry, Chief Commercial Officer, Gamma, said the insurance sector faces many challenges including how to access the right data at the right time to allow underwriters to make informed decisions quickly.
"That is precisely what Perilfinder delivers for MGAM – an insightful, customised platform which provides high-quality data.
"In turn, this allows the company to enhance its service offering for clients and drive business growth," he said.
