India

How does Stellapps use technology to improve the livelihoods of smallholder dairy farmers? Stellapps is a farm to consumer dairy digitization service provider, improving productivity, quality and ensuring end-to-end traceability across the dairy supply chain. It leverages advanced analytics and artificial intelligence through its full-stack IoT platform to enable dairy ecosystem partnerships with financial & insurance institutions, veterinary services, cattle nutrition providers etc. to drive significant value for smallholder farmers and all stakeholders in the dairy value chain. Through its
IFA is an agriculture technology (AgTech) company based in Nepal, providing localized agriculture extension services enabled by Information Communications Technology (ICT). Its mission is to scale digital solutions for the agricultural last mile and improve smallholder’s financial inclusion, livelihood and climate resilience. IFA was awarded under the Sales & Distribution Category in the GIIF Agriculture Insurtech Challenge 2019. Watch the video here.
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Jan
Agriculture Technologies (AgTechs) have demonstrated positive impact on improving the development of agriculture sector specially during the COVID-19 pandemic. By disrupting traditional supply chain, agtechs help to improve efficiency, reduce input cost, and increase farmers’ income by raising farm gate price, etc. Adopting and scaling up AgTechs can unleash the potential of the improvement in agriculture sector, which is of great significance to countries with high proportion of employment in this industry . India has 41.49% of its workforce employed in agriculture industry ( ILO 2020)
Aquaconnect is a technology venture that promotes sustainability through data-driven farm advisory and marketplace solutions for Aqua Farmers. Its AI-powered mobile application transforms real-time data collected from the farms into impactful insights. They provide end-to-end services like farm management assistance, on-ground support, formal finance, access to market leveraging players on the value chain. Aquaconnect was awarded under the Premiums & Claims category in the GIIF Agriculture Insurtech Challenge 2019. Watch the interview video here.
GIIF organized an agriculture Insuretech innovation challenge/competition as a part of an Insuretech fair, hosted in Mumbai, India in July 2019. Through this innovation fair, the GIIF aims at improving the understanding of Insuretech, supporting the integration of different technology solutions with agriculture insurance, and applying innovation with actual programs on the ground. The Awards recognized some of South and South-East Asia and Pacific's most promising entrepreneurs who are using technology to address challenges in providing agricultural insurance to farmers. The awards were given
Agriculture Insuretech Innovation Challenge and Forum
The potential of agriculture and insurance is greatly restricted by many challenges faced throughout the product lifecycle - from product design to client delivery to claim processing. Insuretech, at the intersection of insurance and technology, holds the potential to overcome those challenges and transform the insurance landscape. Integrating Insuretech innovations with agriculture insurance promises to enhance product design, improve sales and distribution, facilitate premium collection, and optimize servicing and claims processing. To leverage innovative solutions, the Global Index
India: Innovation & Technology
The high transaction costs of serving low-income clients in developing and emerging market economies demand innovative approaches and technological advancements. Challenges that inflate operational costs include data collection, processing and management, premium payment mechanisms as well as claims verification and settlement. Index insurance products, mobile payment devices or more accurate weather and agricultural-yield information based on satellite data are examples of innovative approaches that can help to overcome these challenges
RISP – Rural Insurance  Services Programme
The core objective is to strengthen insurance services that support the risk management needs of rural households.
RIICE – Remote sensing-based Information and Insurance for Crops in Emerging economies
The core objective is to provide better information on rice crop growth for food security policy and to reduce the vulnerability of smallholders in rice production caused by natural catastrophes.
East Africa – Peru – India  Climate Capacities (EPICC): Climate Capacity Building:  Risk Anticipation and Minimization
The overall aim of the project is to strengthen resilience against disruptive weather phenomena and climate change at the national, regional and local level in three partner countries: Tanzania, Peru, India.