Chennai: A partnership for satellite-based crop monitoring and predictive analytics support for better risk management and improving efficiency of its crop insurance business operations has been inked between Reliance General Insurance and Satsure Analytics.
As part of this partnership, RGICL will supply extensive ground observation data and generate timely reports through Satsure’s Sage platform, combining the analysis of Earth Observation data to address the key areas of Crop Health, Soil Moisture, Crop Sown Area, Crop Yield Estimation, and Crop Loss Estimation.
Rakesh Jain, ED & CEO, Reliance General Insurance said, “We are committed to invest in technology and innovation to make crop insurance a success and our partnership with SatSure is aligned with this goal. It’s a key step in our customer-centric approach for timely and efficient insurance servicing while being able to effectively and remotely monitor the business risks.”