Technological development for agricultural insurance has been the use of remote imaging for damage assessments. Geospatial tools such as satellite imagery are increasingly being used to reduce the time providers spend in-field, giving them data on a claim before they even reach the farm in question. Furthermore, there’s an opportunity for AIPs to go beyond satellite technology by combining it with high resolution aerial imagery coupled with insights powered by AI, bringing improved accuracy and speed to today’s in-person damage assessment methods.
