PriyaPatel
TLDR:
- Farmers Edge and Saskatchewan Municipal Hail Insurance are partnering to enhance hail business intelligence using InsurTech tools.
- The collaboration aims to improve adjudication processes and risk monitoring with weather data and crop analytics.
Farmers Edge Inc. and Saskatchewan Municipal Hail Insurance have joined forces to enhance hail business intelligence by leveraging InsurTech tools. The pilot project between the two companies focuses on improving adjudication processes and supporting risk monitoring through the use of Farmers Edge’s advanced analytics tools, including weather data and crop analytics. Saskatchewan Municipal Hail Insurance, one of Canada’s oldest and largest crop hail insurers, is known for its commitment to excellence and customer service, making it a trusted partner for crop producers.
The partnership between Farmers Edge and SMHI is set to enhance the efficiency and precision of the loss adjustment process by harnessing cutting-edge predictive analytics and remote sensing technology. This collaboration is expected to set a new standard for customer experience in the crop insurance industry by providing tailored solutions designed to strengthen the relationship between producers and insurers.
With over two decades of experience in agricultural technology across the Canadian Prairies, Farmers Edge offers scalable services and tools, including customized reporting, risk monitoring, and SmartClaim™ technology. By leveraging data from millions of acres, remote sensing, and AI-driven models, Farmers Edge aims to deliver value-added solutions to its partners in the insurance sector.
