Geosys | Crop Insurance & Financial Risk Mitigation

What Geosys can do for you

Asset 21

Manage exposure to risk

  • Create risk maps for underwriting using 20+ years of historical weather conditions
  • Define more accurate premiums and coverages by combining risk maps with field level vegetation data to better understand individual performances
  • Enable fair market pricing by establishing unique portfolios based on risk profiles
Target-Growth

Improve operational efficiency

  • Ease and standardize underwriting by quickly evaluating risk profile
  • Improve cashflow management through policy dispersion maps to immediately detect risky exposures
  • Simplify the claims management process by prioritizing field visits
  • Avoid improper indemnities with satellite maps to validate weather conditions and measure damages
Gear-Plant-Hand

Develop better insurance products

  • Inform new index-based models with accurate, reliable third-party data
  • Use our tools to look at current and historic crop and weather data in any region
  • Demonstrate the value of index-based products to customers with localized simulations based on historical data

“Thanks to the in-season imagery, I can plan ahead where to scout to have a fair and representative calculated yield.”

Daniel F.
Loss Adjuster Supervisor

"With Agriquest, I can check all the insurance policies exposed to bad weather conditions and manage the cashflow to pay eventual indemnities."

Luiz L.
Claims Manager

What Geosys can do for you

Asset 21

Manage exposure to risk

  • Create risk maps for underwriting using 20+ years of historical weather conditions
  • Define more accurate premiums and coverages by combining risk maps with field level vegetation data to better understand individual performances
  • Enable fair market pricing by establishing unique portfolios based on risk profiles
Target-Growth

Improve operational efficiency

  • Ease and standardize underwriting by quickly evaluating risk profile
  • Improve cashflow management through policy dispersion maps to immediately detect risky exposures
  • Simplify the claims management process by prioritizing field visits
  • Avoid improper indemnities with satellite maps to validate weather conditions and measure damages
Gear-Plant-Hand

Develop better insurance products

  • Inform new index-based models with accurate, reliable third-party data
  • Use our tools to look at current and historic crop and weather data in any region
  • Demonstrate the value of index-based products to customers with localized simulations based on historical data

“Thanks to the in-season imagery, I can plan ahead where to scout to have a fair and representative calculated yield.”

Daniel F.
Loss Adjuster Supervisor

"With Agriquest, I can check all the insurance policies exposed to bad weather conditions and manage the cashflow to pay eventual indemnities."

Luiz L.
Claims Manager

Helping you find the right solution

Data_scienceCreated with Sketch.

Vegetation Indexes

  • NDVI (Normalized Difference Vegetation Index), EVI (Enhanced Vegetation Index), CVI (Chlorophyll Vegetation Index), GNDVI (Green Normalized Difference Vegetation Index), LAI (Leaf Area Index) and more if needed.
  • Color composition maps: True and False colors maps used to visualize vegetation cover.
  • Vegetation Time series: vegetation growth measured daily
  • Burnt crop index
Areas_Of_InterestCreated with Sketch.

Agronomic Analytics

  • Yield Variability and Yield Goal Map
  • Organic Matter Map
  • Satellite derived Management Zones
  • Elevation and slopes map
  • Nitrogen application maps (for wheat, barley, canola and more)
  • Field Variability indicator
  • Yield Trend Update
Map_TilesCreated with Sketch.

Weather Data

  • Multi-model dataset covering historical, current weather and forecasts
  • Several aggregation levels: admin unit, small ag region and location based
  • Ag parameters: temp min, max, average, rainfall, wind speed, humidity, snow depth, atmospheric pressure, soil moisture and temperature precipitations (Daily)

Notifications & Warnings

  • New satellite image notification
  • Difference map with change detection
  • Fields benchmarking
  • Vigor status change
  • Agro climatic alerts
  • Crop emergence date
  • Harvest date
  • Crop flowering date

Our Approach

We learn what you need
First, we’ll discuss your current situation and business goals. Whether you’re advising growers or supplying inputs, we’ll work with you to identify opportunities to optimize and grow your business.
We recommend an approach
Based on your needs, we’ll provide a tailored recommendation. We have product solutions designed to fit every situation related to field mapping, monitoring and analysis.
We right-size and deploy
Whether you’re using our proprietary tools, building a custom application or pulling in data through an API, we’ll work with you to ensure your needs are met and deployment is a success.
We provide ongoing support
We process raw satellite imagery to ensure it’s accurate and actionable before it gets to you. You’ll get dedicated support and access to our team of agronomists, PhDs and IT experts to help make sure the tool is performing as expected.

Portfolio Monitoring

Tim is an insurance product manager staying ahead of the curve with Agriquest® global monitoring tool by mapping all his active contracts for daily monitoring. Through the tool, he can track weather and crop conditions in addition to setting alerts for instant notifications of activity that may affect his clients. Tim can quickly see what contracts are affected to know if and where to dispatch his team, and when re-insurance needs to be notified.

The improved use of his resources saves Tim money and the continuous monitoring helps provide perspective for forecasting business needs throughout the year.

Index Based Products

Mary has been able to greatly expand her cooperative’s business by developing a new index-based product using historical data made available through Agriquest® global monitoring tool, making it efficient and cost effective for broad distribution. While Geosys runs the database and index calculation, her cooperative can provide the product with minimal administrative work or field teams.

Launching a new product offering can be a hurdle to adoption, but the Agriquest® tool has allowed Mary to show the value to growers through localized simulations based on historical data that quickly show how much they would have received in case of losses in past years. Demonstrating the value to the customers has provided even better return on investment for Mary.

Market Differentiation

As competition increases, Daniel knows that he needs to differentiate his services. He already uses Agriquest® global monitoring tool for portfolio management and sees the power of remote sensing in action – so now he’s going to empower his growers to make better decisions on their fields.

Daniel is now offering his clients access to Croptical® farm monitoring tool which gives him greater visibility to their progress throughout the year while helping the growers benchmark performance, target their scouting efforts, and identify opportunities to protect and maximize yield potential.  

We know what matters to you

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Agribusiness experts

We help you choose the right solution and translate global data into localized insights

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Experience and innovation

Proven track record of adaptability and scalability

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Accuracy

Everywhere, every day we guarantee scientific grade data

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Historical perspective

Up to 30 years of archive data and maps available instantaneously

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Custom solutions

We can partner with you to create tailored, scalable solutions

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Future-proof

Data processing and analysis works with any remote-sensing technology

Processing data for better analytics with UrthePipeline

Source-agnostic image acquisition

We acquire images from a variety of sources systematically to ensure a daily flow of data to our customers. Once acquired, images are automatically downloaded into our proprietary processing system, which runs 24 hours a day.