BEACON is a blockchain-fueled toolbox that couples leading Earth Observation technology with weather intelligence to deliver cost-efficient and actionable insights for the agri-insurance industry. BEACON offers an end-to-end solution to comprehensive risk and damage assessment, smart contract monitoring, and more.
BEACON services enable the Agricultural Insurance sector to alleviate the effect of weather uncertainty when estimating risk of Agricultural Insurance products, reduce the number of on-site visits for claim verification, reduce operational and administrative costs for monitoring of insured indexes and contract handling, and design more accurate and personalized contracts.
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