Parametric insurance · Climate risk
AgroSmartRisk: Artificial Intelligence to transform agricultural insurance
An advanced platform for predicting and managing agroclimatic risk that integrates remote sensing, Big Data and econometric models to develop high-precision parametric microinsurance.
- We reduce climate uncertainty.
- We automate payouts.
- We protect the producer's profitability.
The problem
Agriculture faces growing climate volatility. Extreme events such as droughts, frosts and floods cause losses worth millions and expose the limitations of traditional insurance:
- Models based on historical data
- Low spatial granularity
- High loss-adjustment costs
- Slow claims settlement processes
- Insufficient coverage for smallholder producers
AgroSmartRisk was created to change this paradigm.
The solution
AgroSmartRisk is a comprehensive platform for predictive agricultural risk management, able to assess threats at the plot level through:
- Advanced Artificial Intelligence
- Biophysical crop models
- Multi-source remote sensing
- Dynamic parametric indices
- Smart contracts for automatic payouts
Technology architecture
The platform is structured into four main layers:
Multi-source data integration
- Weather stations
- Sentinel / Landsat / Planet satellite imagery
- CONEAT soil maps
- ERA5-Land climate reanalysis
- Historical production data
Hybrid analytics engine
- Predictive Machine Learning
- DSSAT · AquaCrop · WOFOST models
- Anomaly detection
- Geospatial interpolation
Multi-level parametric indices
- Multi-risk base index
- Zonal indices
- Custom profiles per producer
Dual interfaces
- Dashboards for insurers
- Mobile app for producers
- Integration with WhatsApp & Autonomous AI
Technology Consortium
