Innovative Data-Driven Crop Insurance on the ABS Platform

The ABS platform introduces a modern approach through Parametric Crop Insurance — a digital model that uses objective weather and satellite data to automatically monitor predefined climate conditions and trigger compensation when specific thresholds are reached.

Automatic weather Data Monitoring
Fast compensation activation without paperwork
Transparent rules and objective data

Smarter approach to crop protection

Parametric insurance uses precise meteorological data and predefined thresholds to automatically trigger compensation in the event of extreme weather conditions.

IoT Weather Stations

High-precision local stations continuously measure rainfall and key climate parameters in real time.

Defined Weather Triggers

Thresholds for drought and excessive rainfall are predefined according to crop type and local climate conditions.

Automatic Compensation

When the system detects that the conditions have been met, the payout process is triggered automatically — without inspections, damage assessments, or administrative procedures.

Data-Driven Crop Insurance

How the Parametric Model Works

Rainfall and Weather Monitoring
Continuous monitoring of weather parameters through local IoT weather stations.

Precise Climate Thresholds
Automatically defined thresholds for drought and excessive rainfall tailored to each crop type.

Automatic Payout Activation
The system independently triggers compensation when predefined conditions are met.

Objective Real-Time Data
All decisions are based on neutral and certified meteorological data.

Transparent Pricing Model
A simple per-hectare insurance model with clear rules and an expected level of protection.

Why It Delivers Greater Value

For Farmers

Faster payouts without bureaucracy
Clear rules and greater predictability
Improved accessibility of insurance
More reliable crop protection
Reduced financial risk during the season

For Insurance and Advisory Partners

Objective and verified data
More precise risk management
Automated activation processes
More efficient policy management
Better analysis of climate events

Primeri vremenskih okidača

Excessive Rainfall

120 mm of accumulated rainfall over 7 consecutive days.

Drought

16–20 consecutive days without sufficient rainfall.

Crop-Adaptive Model

Thresholds are automatically adjusted according to crop type and local climate conditions.