2020 AgroInsurance Conference - Agenda Updated

21.01.2020
The Agenda for the International Conference "Agroinsurance, Reinsurance & Brokerage for CIS, Europe & Asia" has been updated. The first list of presentations is already available at the official website - www.agroinsconf.com. The key focus of 2020 Conference is made on challenges and technical specifics of insurance programs. Conference speakers will share their experience in applying indemnity-based and index-based solutions, bundling agricultural insurance with financial services of input suppliers and financial institutions, which is of a high interest among the insurers and international donor community. Call for Presentations is still open for those who would like to suggest topics of interest or suggest delivering the presentation on a specific area of expertise. Among the already confirmed presentations, Swiss Re specialists will speak about drought insurance based on Satellite soil moisture measurements (Marcel Andriesse) and monitoring of hail occurrence based on lightning characteristics (Marc Chautams). Technology section will include the presentation from the European Space Agency and from several technology service providers, including the topic of advanced climate analytics for the agricultural insurance sector based on crop-specific climate indices (Gregory Mygdakos). Presentations in the final agenda will cover such sections: regional/country markets overview, specifics of crop and livestock insurance programs, underwriting and adjusting losses for specific risks and crops, successful agricultural insurance programs introduced by development cooperation agencies, application of index-based insurance solutions and use of technology to better handle the agricultural risks portfolio. Conference Agenda will include a Panel Discussion on the challenges the agricultural insurance faces and ways to resolve such challenges with new earth observation instruments and techniques made available to international community. Conference Agenda will include a 3rd day field visit to show the participants several agricultural production sites for livestock, stone fruits, hazel nuts and wine grapes production in Georgia. All registered participants will take an advantage of the Field Visit free-of-charge, with the transportation and food provided by the Conference Organizers during the whole day of Field Visit. As of January 20, 2020, participants from over 10 countries have already confirmed interest in participation. Confirmed participants come from such countries as: USA, United Kingdom, Switzerland, Germany, France, Spain, Poland, Israel, Ukraine, Kazakhstan, Georgia, Armenia, Azerbaijan and other countries. Conference guests represent insurers, reinsurers, brokers, consulting agencies, technology service providers, state agencies, insurance supervisory authorities and international development organizations. The list of participants will be available in the second part of February and will be updated on a weekly basis after publishing. A separate release note on confirmed participants will follow in February. AgroInsurance Conference Team invites representatives of insurance companies to join the conference’s discussions with a 25% discounted fee. Promo-codes for special registration rate is made available to direct insurers upon their request. Inquiries are accepted through the contacts, as follows:
Official web page: Place for venue:    Dates:     Conference Organizer: Conference Manager: Conference Administrator: Contact phone:        Contact email: www.agroinsconf.com Biltmore Hotel Tbilisi, Georgia    April 27-29, 2020 AgroInsurance International LLC. – www.AgroInsurance.com Ian Shynkarenko Liudmyla Krychevska +995 599 3 777 01 admin@agroinsurance.com  
Source – www.agroinsurance.com
RISK EVENTS

Europe - Around 66,000 ha damaged - 23 million euros in damages

02.07.2021

While Vereinigte Hagelversicherung VVaG reported 30,000 hectares damaged just a few days ago, this figure has more than doubled within a few days. A good 66,000 hectares were registered for regulation from June 18 to 25. This is due to so-called supercells, which came from France through Baden-Württemberg and Bavaria to Austria and the Czech Republic, causing hailstorms over a length of several hundred kilometers. Local heavy rainfall with enormous amounts of rain from so-called "water bombs" and hailstones the size of tennis balls caused damage to almost all crops, often with total losses. On June 22 and again on June 24, the damage area stretched from Lake Starnberg via Munich to Passau. In Baden-Württemberg, the Neckar-Alb region was hardest hit on June 21 and, just two days later, the strip from Freiburg via Reutlingen to Esslingen. A locally intense area of damage extended along the North Sea coast in the Groningen-Norden-Aurich triangle on both the Dutch and German sides of the border. In addition, abroad, the polder areas on the IJsselmeer and the Baltic region were particularly affected. After the first surveys, Vereinigte Hagel now expects damage of about 20 to 23 million euros, a doubling compared to the beginning of last week. Supercells and what they are about - currently no end in sight The background to the now considerably higher damage figures are so-called supercells, which have a much higher damage potential than ordinary thunderstorms due to their rotation and longevity. "Their most important feature is the so-called "mesocyclone," a powerful rotating updraft. It creates a negative pressure on the ground so that, like a vacuum cleaner, warm and energetic air can be constantly sucked in at the ground and reach the upper edge of the troposphere (above 10 km altitude). There the warm air is sucked in and there is also the danger of possible tornadoes. Subsequently, in the area of the sinking cold air, it is not uncommon for extreme downbursts to reach the hurricane range. Over time, supercells develop a momentum of their own that prevents the sinking cold air (as compensation for the rising warm air) from entering the warm air area. Thus, the mesocyclone is fed with warm air for several hours. Due to the longevity and massive power of the rotating updraft, hailstones can be flung into the air several times, growing into large hailstones. From Monday through Thursday, conditions in southern Germany were ideal for these rotating monsters. A warm and humid air mass was stored in the lower atmosphere, so to speak the fuel for the engine of the rotating mesocyclones. In addition, the wind near the ground came from an easterly to northeasterly direction (which favored suction), veered nearly 180° to the southwest up to an altitude of about 5 kilometers, and increased significantly. In short, there was sufficient directional and velocity shear. This is a basic requirement for the formation of rotation in the updraft region and helps to prevent the sinking cold air from reaching the front of the thunderstorm cell." And it's set to continue. The DWD forecasts heavy thunderstorms in the south and southwest of Germany on Monday evening, as well as on Tuesday. Experts prepared for this, because in June or July such weather phenomena are not uncommon, as Vereinigte Hagel knows from almost 200 years of experience. Source - https://www.freshplaza.com

24.08.2021

Online Agroinsurance Conference to be held on October 4-5, 2021

COVID-19 contamination statistics is still rising in 80 countries, with Georgia currently leading the list. Over the last two weeks, the daily number of new cases reported in Georgia reached new highs. As of today, COVID-19 infections in Georgia are at their peak with the highest daily average reported since the whole period of pandemic in the country. 

02.07.2021

EVENT UPDATE: AgroInsurance Conference will be held on October 4-6, 2021

As the global situation with the COVID-19 is being put under control with the massive vaccination being currently in progress, AgroInsurance team confirms that the International Conference “Agroinsurance, Reinsurance & Brokerage for CIS, Europe & Asia” is planned for October 4-6, 2021 in Biltmore Hotel Tbilisi. 

16.03.2021

AIAG Online Loss Adjusters' Seminar on Hail and Frost Damage on Berries - 22nd June 2021

Due to the uncertain situation relating to COVID-19, the seminar on «Hail and Frost Damage on Berries» will unfortunately not be able to take place in Switzerland this year as planned. However, the seminar will be held in Switzerland in spring 2022 within the usual setting. In preparation for this, we would like to invite you to participate in the following event: Online Loss Adjusters' Seminar on Hail and Frost Damage on Berries 22nd June 2021 | 1 to 4 pm (CEST)The program covers the following points: •Insurance situation and offer in Switzerland, portrait of Swiss Hail•Presentations from other countries on berry production, insurance coverage and claims settlement•Technical presentation on new developments in berry cultivation and production methodsPlease feel free to forward this invitation anyone interested at your company. Further information on the free online seminar and registration will be provided at a later date. We would be pleased to welcome as many of you as possible. Source - https://www.aiag-iahi.org

15.03.2021

AgroInsurance hosted a webinar dedicated to Covid-19 Survey results

On March 10, 2021, AgroInsurance International hosted a webinar “Covid-19 pandemic and agricultural insurance market. Report Summary”. The webinar discussed the impact caused by COVID-19 pandemics on agricultural insurance industry in 2020. Survey outputs were presented by Roman Shynkarenko, founder of Agroinsurance International. This survey was based on feedback received from 64 respondents from 29 countries. According to the survey results, COVID-19 did not have a significant effect on business operations of the agricultural insurance market overall. COVID-19 became an influencing factor in 2020, which encouraged insurance companies to focus on new technologies and solutions more seriously. Three companies sponsored this survey and during webinar they presented examples of technology solutions that helped agricultural underwriters and loss adjusters at time of 2020 lockdowns. Nick Ohrtman (Geosys) spoke about two examples of how Geosys analytics was integrated in their customers workflow in Brazil. Gregoire Tombez (GreenTriangle) presented cases of how agriculture insurance players digitized the loss adjustment process in several countries using solutions developed by Green Triangle company. Victor Yermak, CEO and founder of Skyglyph explained a cloud-based solution, developed by his company, that allowed insurers doing virtual inspections of clients’ fields and assets in 2020 by using their remote technology Virtual Crop Inspection. More than 80 online participants from 44 countries joined the webinar and contributed to the discussion adding more insights for better understanding of challenges faced by agricultural insurance industry worldwide. The webinar recording may be accessed through the link - Summary Webinar - Influence of COVID-19 on Global Agricultural Insurance Industry DOWNLOAD REPORT - Covid-19 pandemic and agricultural insurance market: Impact, changes and conclusions Source - https://agroinsurance.com

11.03.2021

Workshop: From Best Practices to Practice – Earth Observation for Agro-Insurance

In the last few years there has been a fast growth in the amount of Earth observation (EO) data acquired from space. Earth observation (EO) provides various possibilities to support business processes of the agro-insurance industry. However, there seems to be a major gap between the perceived potential and the actual application of available EO capabilities by the agro-insurance sector. The Earth Observation Best Practice for Agro-Insurance (EO4I) project, initiated by the European Space Agency (ESA), builds on this bottleneck to fully exploit the opportunities EO offers for the agro-insurance sector. To go to the next step, a dedicated workshop on future EO-based insurance solutions is organized to progress from the best practice to practice. The two EO companies GeoVille and VITO together with the champion users from the agro-insurance sector are working closely together to find out more about the needs and challenges of the agro-insurance’s sector and how these might be addressed with the current and future EO capabilities. The results of these discussions and workshops will be presented during the third workshop. We are delighted to invite you on behalf of the project consortium to participate in this workshop. This workshop takes place virtually on April 28 and 29, 2021 and is divided into two morning sessions. In this workshop the capabilities and gaps will be aligned with possible future insurance solutions providing higher integration of the EO services into the agricultural insurance operations. The Project Team will extract the full potential of EO for the agro-insurance sector in dedicated presentations and following discussions . Register online (link) for the workshop before Thursday, April 14, 2021. Agenda: Wednesday, 28 April 2021, 9 – 12 a.m. CET | Connecting EO services and products to future insurance solutions. Challenges & Requirements of the agro-insurance sectorTechnological push by Covid-19 pandemic?Discussion: additional requirements?Current and future EO capabilitiesDiscussion: From Best Practice to PracticeThursday, 29 April 2021, 9 – 12 a.m. CET | Earth Observation for Agro-Insurance – From Best Practice to Practice Workshop: Enhancement of existing insurance products / creating new insurance products / future insurance solutions – e.g. pick a primary/re insurer use case & define the ideal product(s) (How would an ideal service look like? Which thematic aspects are needed? Which analysis tools are required? Dashboard requirements/API …)If you have any questions regarding the workshop, please contact via EO4Iworkshop@geoville.com Source - www.geoville.com

19.02.2021

AgroInsurance Covid-19 Survey Report – Register in Advance - Book your seat at the summary webinar on March 10, 2021

Join the global agriculture (re)insurance community on Wednesday, March 10, 2021, at 10:30 am (CET) for a summary webinar dedicated to presentation of COVID-19 Survey results. Estimated duration: 1.5 hours. COVID-19 Survey was conducted by AgroInsurance International in 2020-2021. Survey results and market insights include responses and comments of respondents from 29 countries. Survey’s outputs will be presented along with several examples of technology solutions that served as efficient tools for underwriters and loss adjusters at time of local and global lockdowns in 2020. This survey is sponsored by Geosys (www.geosys.com), GreenTriangle (www.green-triangle.com) and Skyglyph (www.skyglyph.com) technology service providers, making it possible to distribute the report with results to a broad public worldwide free-of-charge (on e-mail request). The aim of this survey was to assess the actual impact caused by COVID-19 pandemics to agricultural insurance industry. Survey questionnaire responses are complemented and updated with the personal communication notes and analysis of industry-related public sources. Summary presentation, key outputs and the follow up discussion will cover COVID-19 effects on: Business operation of agricultural insurers, reinsurers, brokers and technology service providers;Underwriting agricultural portfolio;Loss adjustment;Client management;Application of technology solutions in the agricultural (re)insurance industry in 2020.Detailed agenda will be additionally communicated to the registered participants before March 5, 2021. The full version of the report will be distributed upon the completion of the webinar. Those registered participants, who will not be able to join online broadcast on March 10, 2021, at 10:30 CET will have an opportunity to access the webinar recording later, as well as make votes or leave their comments through the capabilities of the webinar platform. Organizations and individuals that may miss this opportunity to register, may still request a copy of the report by contacting AgroInsurance International by e-mail: admin@agroinsurance.com. The webinar is free of charge and open to all interested in the latest agricultural insurance developments in the world. Online accommodation may be limited, so we advise securing your participation in advance by filling the form below (or follow this link to register):   Source - https://agroinsurance.com

20.01.2021

2021 AgroInsurance Conference: New Conference Dates – October 4-6, 2021

The global trend of new confirmed COVID-19 cases has not changed significantly for the last 6 months, continuously increasing the number of daily cases worldwide. Most countries still experience local outbreaks with limitations and local lockdowns imposed. The Republic of Georgia, the next Conference’s location, continues with the limited regular flights operations with selected air carriers, maintaining the major air connection with Europe and Asia. However, local quarantine requirements and limitation on conductions of physical workshops and conferences is imposed at least until February 1st, 2021, with an expected extension of such for at least one more month, if considered further by the Government of Georgia. Considering the situation, AgroInsurance International takes the responsibility for the safety and health of our partners and conference participants. Thus, AgroInsurance team took the leadership and re-negotiated the Conference dates for October 4-6, 2021. Conference updates will be posted further on our official websites www.agroinsconf.com and www.agroinsurance.com. Should you have specific questions or concerns with the new conference dates and arrangements, please contact us via admin@agroinsurance.com. AgroInsurance Team wishes you to stay in good health and we are looking forward to an opportunity of meeting you in Tbilisi, Georgia in October 2021! Official web page: Place for venue:    Dates:     Conference Organizer: Conference Manager: Conference Administrator: Contact phone:        Contact email:www.agroinsconf.com Biltmore Hotel Tbilisi, Georgia    October 4-6, 2021 AgroInsurance International LLC. – www.AgroInsurance.com Ian Shynkarenko Liudmyla Krychevska +995 599 3 777 01 admin@agroinsurance.com  Source – www.agroinsurance.com

04.11.2020

EOcafe: agro-insurance & earth observation – building awareness & capabilities

The agro-insurance sector is going through rapid changes currently due to major trends such as climate change and digitalisation that are impacting on the sector. Climate change induced extreme weather events are becoming more frequent and so do their impacts on agricultural businesses. Earth observation-based products and services can help with the difficult task to support farmers and assess potential damages to crop and agro-companies. The ESA Best Practice project EO4I has sought to capture these developments and assess and analyse both the geo-information needs of the agro-insurance sector and the Earth observation-based services and products currently considered best practice by the wider EO community. The results are presented and synthesised on the EO4I website. On November 5, 2020 at 16:00-16:45 (CET), EARSC is organizing the next EOcafe moderated by host, Geoff SAWYER, EARSC’s Strategic Advisor and former Secretary General  to discuss the value and benefit of Earth observation for the agro-insurance sector. Based on the findings of the EO4I project, Ralf RYTER from GeoVille will elaborate on how EO may help overcome the difficulties faced by the agro-insurance sector, and Hansueli LUSTI, Vice-Director and Agricultural Engineer at Swiss Hail Insurance Company, will explain how geo-information can support the agro-insurance sector in the light of trends such as climate change. In this edition, we will discuss: What are the biggest challenges and trends in the agro-insurance sector?Where are the challenges in integrating EO solutions into the specific agro-insurance business processes? What is the added value to the agro-insurance sector?What is the future of EO in agro-insurance? How can Earth Observation help in the future?Registration: This webinar is open to ALL but priority will be given to EARSC members. Registration is free but compulsory. Please click on the following link to register by 5th November at 11:00 (CET).EOcafe RegistrationPlease note this is a virtual event that will be recorded. The details will be sent on Thursday 5th by 12:00 (CET). If you have any questions or you want to know more about the EOcafes, please contact Natassa (natassa.antoniou@earsc.org).  Source - https://earsc.org