MAXIMIZING RETURNS/RELIABILTY.PER ACRE.
Farmer
- Financial Security
- Better Predictability
- Prosperous Farmer
INSURANCE COMPANIES
- Crop Risk Assessment at Region level
- Risk Adjusted Variable Pricing
- Reduced Cost of Operations
- Weather Risk Assessment
- Yield Prediction
Challenge
- Effective Risk Assessment due to lack of historical performance and risk profile
- Information Asymmetry due to lack of alternate data source
- Inefficient Operations as the personnel have to travel back and forth for farmer KYC
Utility
CropIn provides Agri Alternate Data that helps crop insurance providers in quick and accurate decision-making.
- Effective Region level/Plot level Crop Risk Assessment Proprietary machine learning algorithm built on satellite and weather data is used to give insights at regional level.
- Risk Adjusted Variable Pricing Weather Risk Prediction, Region level Benchmarking using historical analysis and Yield Prediction using satellite imagery ensure risk adjusted variable pricing.
- Operational Efficiency Reduced cost of operations through one step farmer KYC.
Relevant Product
Relevant Case study
