PLANETWATCHERS

TECHNOLOGY AIMS TO MAKE CROP INSURANCE EASIER.

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CLIENT REQUIREMENTS

ProAg partnered with PlanetWatchers to help envision the future of acreage reporting and wind damage analysis. The goal is to provide in-season services that will increase data collection validation accuracy and speed.

The crops of specific interest are corn, soybean, and cotton.

Acreage reporting services include planting dates, crop acres, and crop classification focusing on increasing data accuracy and optimizing manual data collection.

Unlike other remote sensing technologies, SAR is uninterrupted by light and weather conditions providing continuous monitoring throughout the season. Our algorithms have been validated by being trained on more than 50 million acres of unique data elements across crops in the U.S.

ProAg is one of 13 Approved Insurance Providers (AIPs) of crop insurance in the United States. Founded in the 1920's, ProAg was one of the first companies in the crop insurance industry. ProAg is built on a solid foundation of experience, dedicated to quality customer care and overriding value of long-term business partnerships.

OUR SOLUTION

ProAg is committed to delivering world-class systems to help their agents, insureds, and employees grow with confidence.

Using SAR (synthetic aperture radar) technology, our extensive expertise, and highly efficient algorithms, we worked closely with ProAg throughout 2021 to provide detailed CLU analysis at scale.

With millions of insured acres across the U.S and thousands of farmers, growers, and agents who rely on them, ProAg works continuously to develop and refresh its technology to meet the needs of the customers they support.

THE RESULTS

WIND DAMAGE

90,630 Acres of Damage

Providing this analysis quickly after a wind event enables adjusters in the field to pinpoint the worst-hit areas, providing more efficient validation.

This level of wind damage analysis provides ProAg with the potential to process claims faster and more accurately, benefiting their customers.

Adjusters verify that our analysis correlates with the damage seen in the field and saves up to an estimated 40% of time spent in the field.

Our wind damage service detected insurable damage across 90,630 acres based on three levels of damage; high, medium, and low.

Proven to match ground truth data

“The large-scale wind damage assessment provided by PlanetWatchers soon after events consistently correlated with the damage seen in the field. We can save up to an estimated 40% of time spent in the field to assess each event.”
Steve Renter
Director of Innovation at ProAg

ACREAGE REPORTING

90% Planting Dates

Our work with ProAg initially demonstrates 90% accuracy on planting dates: an increase of 14% from manually collated data. We also provided planting dates within two weeks of the crop being planted in the ground.

We will continue to develop these services with PlanetWatchers to collect more accurate acreage reporting for future acreage reporting dates.”

“Early results of this pilot show an increase in accuracy across the full spectrum of our acreage reporting.