CASE STUDY

    SECTOR

    Natural Resources and Environment, Location-Based Services

    Satellite view

    Source: GeoTerra Image

    leveraging-satellitebased-crop-monitoring-for-precision-agricultural-insurance-in-mexico

    image

    Source: GeoTerra Image

    Project Details

    The project aims to revolutionize the agricultural insurance landscape in Mexico by integrating satellite-based precision analytics into FANCAMPO's risk management and claims processing workflows. FANCAMPO, a national agricultural insurance fund, collaborates with EOS Data Analytics to provide seamless, data-driven insurance coverage for farmers. By employing EOSDA Crop Monitoring, FANCAMPO enhances its ability to monitor insured fields in regular intervals, assess crop health, and address claims with unparalleled precision. This solution ensures accurate field evaluations through a combination of satellite imagery and on-ground inspections, allowing for timely interventions in cases of drought, pest outbreaks, or other adverse events. In the long term, the project supports the development of customized insurance solutions and large-scale monitoring systems, ensuring the sustainability of Mexico's agricultural sector.



    Solutions
    Product Used

    Value Propositions

    Return on Investment (RoI)
    Geo_icon
    GeographyNorth America/Central America/Caribbean

    Location_icon
    CountryMexico

    Project_owner
    Project Owner

    FanCampo | FanVida


    Project_stakeholder_icon
    Project/Technology Stakeholder

    EOS Data Analytics,Inc.


    Calendar_icon
    Completed Year/Projected Completion Year2023

    Technology Used
    Sector Focus
    SDGs
    Recognition/ Awards

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