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BEACON

Financiado

Cerrado

Boosting Agricultural Insurance based on Earth Observation data

To objective of the BEACON project is to develop a commercial service package that will enable insurance companies to exploit the untapped market potential of Agricultural Insurance, taking advantage of innovations in Earth Observ... ver más

31/01/2022

KARAVIA INSURANCE...

2M€

Presupuesto del proyecto: 2M€

Líder del proyecto

KARAVIAS MESITES ASFALISEON KAI SYMVOULOI ASF... No se ha especificado una descripción o un objeto social para esta compañía.

TRL 4-5

Fecha límite participación Sin fecha límite de participación.

Ver 7 Participantes

Financiación concedida El organismo H2020 notifico la concesión del proyecto el día 2022-01-31

DT-SPACE-01-EO-2018-2020: Copernicus market uptake Specific Challenge:Copernicus, the Union's Earth observation and monitoring programme produces a wea...

I+D

Cerrada hace 7 años

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Características del participante

Este proyecto no cuenta con búsquedas de partenariado abiertas en este momento.

Información adicional privada

No hay información privada compartida para este proyecto. Habla con el coordinador.

7 Participantes

KARAVIA INSURANCE BROKERS AN...

501.60K€ | Lider

ETAM AE

233.63K€ | Participante

UPM

180.00K€ | Participante

AgroApps P.C.

378.44K€ | Participante

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Duración del proyecto: 39 meses Fecha Inicio: 2018-10-24
Fecha Fin: 2022-01-31

Líder del proyecto

KARAVIAS MESITES ASFALISEON KAI SYMVOULOI ASF... No se ha especificado una descripción o un objeto social para esta compañía.

TRL 4-5

Presupuesto del proyecto 2M€

Fecha límite de participación Sin fecha límite de participación.

Descripción del proyecto To objective of the BEACON project is to develop a commercial service package that will enable insurance companies to exploit the untapped market potential of Agricultural Insurance, taking advantage of innovations in Earth Observation, weather intelligence and ICT / blockchain technology. BEACON will enable insurance companies to alleviate the effect of weather uncertainty when estimating risk for 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. Through an early warning service they will be able to inform their customers (farmers) for potential crop risks related with weather conditions, and advise them to take all the necessary actions to mitigate the impact of weather in their crops. EO data derived by Copernicus Sentinel missions as well as by missions contributing to Copernicus will be used to develop the data products that will act as a complementary source to the information used by insurance companies to design their products and assess natural disasters. Weather intelligence based on data assimilation, numerical weather prediction and ensemble seasonal forecasting will be used to verify the occurrence of a catastrophic weather event and to predict future perils. ICT / blockchain technology will be used for the smart contract service, to provide insurance companies with an automated method for paying out damages to insured parties. The BEACON services will be deployed in the operational environment of more than 10 companies in the insurance sector, openly demonstrating and validating its value proposition and acceptance as a marketable commercial solution. A business model will be developed and validated using the Lean Start-up methodology, and a global roll-out of BEACON will be designed.

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