CropInsTech
information technology and services
Tartu, tartu county, estonia
CropInsTech collects and manages precise verified Big Data via API, IoT and Cloud solutions Real Time, automating the process of underwriting and claims handling for insurers while lowering costs for insurers, subsidy providers, farmers. We automatically collect data needed for risk evaluation, underwriting and claims management via verified field book and other APIs from machinery to climate readings and record carried out works and conditions with geotags and timestamps to ensure integrity and compliancy with insurance terms. Datasets are used for risk evaluation and underwriting and also for claims handling process. Data on individual field level enables individual risk level policies provision. Aggregate data will be used for automatic expert claims valuation. Automation will eliminate much of manual labor from insurer process and lowers margin of error and costs. Upon collection of large enough data additional services like best practices in accordance to the insurance terms will be suggested and recorded the users verified fulfilment. Access to CropInsTech Crop Big Data Underwriting and Claims Management SAAS solution isˇ licensed to insurers.
