Our Technology for Underwriting

We combine data from Radar, Optical and Hyper spectral satellites to provide a rich level of understanding about your farm.
We also combine earth observation with local weather stations and partners IoT on the ground sensors and detection networks
These risk insights are used to provide the best in class underwriting capability by Insurance partners

Design of Insurance Policies

Using our rich data, we design insurance policies with the Insurance carriers and MGAs
These policies are designed to protect you against natural perils using a pre-determined Index for a given area that closely tracks the losses. These index can be a data derived or a machine learning model driven index
The payout will be determined and agreed in advance using these parameters bringing you the total transparency.

Perils Coverage
  • For Growers in US (California, Oklahoma, Nevada, Minnesota, Oregon, Washington)
  • We cover against Drought, Hail, Heatwave, Flood
  • Wildfire, Earthquake, Frost Cover (to come soon) for 2020 seasons
Climate, weather & ground data
  • Over 50 years worth of Climate indices.
  • Northern and Southern Hemisphere oscillations (AO, NAO, El NiƱo).
  • Millions records of daily weather data - temperature, precipitation wind speed.
  • Heating Degree days (HDD) and Cooling Degree days (CDD).
  • Historic Ag and Soft Commodities (Spot and futures).
Modelling Capabilties
  • We use statistical and machine learning models to construct the index for parametric contracts
  • For Bond markets, our risk factor framework relies on statistical modelling techniques.

What drives Agvesto's Risk engine?

"Climate can be more precisely represented as a set of probability distributions of the atmospheric
characteristics at different points of earth, while a particular realization of that stochastic process is what
we call the weather" -


Our risk engine is built using strong mathematical foundations to understand and
model the risks in two different scientific fields in order to evaluate their impact:
the climate science and the financial products. The engine deploys stochastic modelling
frameworks, dynamic models and empirical models to derive risk measures.

Our Technology infrastructure

Our solutions are built using high performance and low latency infrastructure for a global delivery. Our servers are localised in various countries to meet the data localisation and security requirements required by the countries.

  • Multi-region deployment with minimum latency
  • Private server instance available on demand
  • Know your customer (KYC) features.
  • Document based verification features.
  • Information compliance - EU data protection and UK ICO.
  • Protection against DDoS, Bot, Crawlers.
  • Accurate representation of the asset.
  • Transparency to the farmers with access to the platform with Insurance policy

In summary

Agvesto works with our clients to have real time visibility of systematic and exogenous risk exposures
allowing them to sustain portfolio performance under emerging climate risk landscape.

Get in touch

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