Summary
While technology will surely improve the transactional processes, provide analytical solutions for decision support systems at the desired scale, and reduce the operational expenses, conceptualizing large-scale financing to agriculture as “value chain financing”, Banks and financial institutions can leverage technology to estimate the crop health, growth and yield in real-time thus enabling them to assess the opportunity and risk associated with a farmer/plot.
Who should watch the webinar
This webinar provides a substantial landscape of opportunities for Banks, Small Finance Banks, NBFCs, and Insurance Companies, and Ag-FinTech startups, Retail & Rural Product Heads, State-owned Lending Institutions, MFIs, Credit Rating Agencies that are into Agri-Lending, Agri-Insurance & Agri Risk Assessment, State & Central Government (Agri-Ministry), sustainability managers and CXOs of agribusinesses can study these entries comprehensively for factors which are important to their own discipline.
In this webinar, you’ll learn
- How can the access of basic real-time datasets (underwriting, historical & current yields) improve efficiencies for stakeholders? Further, envision the way forward for an integrated & effective crop insurance program in the country.
- Measuring credit-worthiness of a farm/farmer for loan underwriting & risk assessment
- Role of digital technologies in developing need-based agriculture insurance products and new insurance models through data enabled risk assessment for underwriting and settlement of claims
- Nuances of Policy framework in scaling up the reach and operations of and removing the inefficiencies in the crop insurance program partnerships of Insurers and AgFinTech players for enhancing the efficiency of insurance products
