REACT Agriculture
One platform to manage your global portfolios in real time
Heatwaves, droughts, frost, and storms – extreme weather events strongly affect agriculture, and with an increased frequency due to climate change, impacting large areas and causing enormous monetary harm.
Crop Monitoring
Using crop growth models and relevant datasets, along with Earth Observation and weather data, Skytek’s Crop Monitoring tool provides crop profiling and monitoring data together with yield estimations.
Damage Assessment Calculator
Skytek’s Damage Assessment Calculator supports agricultural insurance companies in achieving a more accurate assessment of damages for indemnity pay-outs. The tool supports calculations of crop losses based on in-season yield estimates using Earth Observation and climate data and crop growth modelling, information that supports trend analysis and climate changes impact identification.
Weather Risk Probability
Skytek’s Weather Risk Probability and Early Warning tool provides probability maps of extreme weather events, estimating the impact on the potential crop yield.
The Early Warning service provides forecasted weather events alerts to agricultural insurance providers based on available forecasting data, enabling insurers to push notifications and predefined mitigation measures to their customers and farmers.
Anti-fraud Inspector
The Skytek Parcel Ani-Fraud Inspector allows agricultural insurers to automatically check the legitimacy of a claim submitted following an event or reported damage occurring in an insured parcel. Earth Observation imagery allowed remote verification of adherence to specific contractual articles established during underwriting.
Our commitment to customer service is second to none. We value close working relationships with brokers, (re)insurance providers and clients, to understand real-life issues and provide solutions that tackle their pain points.
