Farmers Edge Inc, a leading digital agriculture company, has announced an exciting new pilot project in partnership with Saskatchewan Municipal Hail Insurance (SMHI). The collaboration aims to revolutionize risk management and hail loss adjustments by equipping adjusting teams with advanced analytics and cutting-edge technology.
SMHI, a trusted crop hail insurer with a strong reputation for excellence, is teaming up with Farmers Edge to enhance their adjudication processes and support risk monitoring using Farmers Edge InsurTech tools. Farmers Edge, with nearly two decades of experience in agricultural technology, will provide SMHI with tailored solutions to complement their business model.
“We’re excited to partner with SMHI and create value for their business through our best-in-class solutions for crop insurers,” said Vibhore Arora, CEO of Farmers Edge. The collaboration will leverage innovative predictive analytics and remote sensing technology to enhance efficiency and precision in the loss adjustment process.
Rodney Schoettler, CEO of Saskatchewan Municipal Hail Insurance, expressed his enthusiasm for the partnership, stating, “Together, we’re leveraging innovation to set a new standard for customer experience.”
With a focus on delivering tailored solutions to strengthen the relationship between producers and insurers, Farmers Edge is committed to providing scalable, value-adding services and tools. Their expertise in data analytics, remote sensing, and AI-driven models will help drive efficiency and accuracy in hail loss adjustments.
This pilot project marks a significant step forward in the digital transformation of agriculture and insurance industries. Farmers Edge and SMHI are leading the way in harnessing technology to provide farmers with the protection and support they need in the face of unpredictable weather events.