Evaluate the flood-caused damage to the insured crops, approve insurance claims and calculate insurance compensations quickly and accurately by getting near real-time information on flooded agricultural areas, derived from radar satellite data.
Monitoring of flood-affected areas is required for crop conditions assessment and accurate estimation of the damage extent. With frequently-delivered radar satellite data, you can speed up calculation of insurance compensations and improve efficiency of insurance claims validation.
Enhancing Parametric Flood Insurance Business with Actionable Radar Satellite Data
Read an introduction to the advantages and opportunities in using radar satellite data for parametric flood insurance
Blog: SAR Satellite Data Paves Way Towards New Parametric Flood Insurance Products
New radar satellite imaging technologies are ideal for developing highly competitive parametric insurance products to address flood events