Providing clients with advanced data and views of their fields is no longer a luxury, but an expectation that insurers use technology to help manage risk.
As I consider pivotal moments in Ag technology, as well as my own experiences during our 30 years of business at Geosys, I find that three key principles hold true.
In 1987, Damien Lepoutre – with support from the School of Agriculture of Purpan, France – officially registered GEOSYS as a company in Toulouse, France. He envisioned a company devoted entirely to agriculture by addressing business problems with remote sensing and GIS technologies.
According to AgFunder, investments in agriculture technology reached $4.6B in 2015, supporting an influx of technology providers in agriculture – particularly as it relates to optical remote sensing of crops.
While many in the business of satellite-based remote sensing would like you to believe the answer to that question is “not much,” GEOSYS has the benefit of nearly 30 year of experience in the industry – and confidence in its own abilities – to take a more objective look at the technology.
NAAI - the single nationwide association of insurers in Russia, counting 18 ag insurance companies - initiates new practices and confirms its partnership with GEOSYS™ to support this historical change.