Streamlined Policy Issuance and Claims Operations with Digital Agri Insurance Solution
The customer used to handle complications of agriculture insurance manually. Validation of farmer data, calculation of premium and sum insured were being done manually by the customer. The process was time consuming and involved huge human resource. There was a need for a technology enabled solution – An Agriculture Insurance Platform, to meet the requirements of agri insurance.
iNube implemented Agri Insurance solution for Policy Booking and Claims Processing. Therefore, this helped the customer to reduce all the manual activities and replace physical file processing.
• Caters to the primary stakeholders – Banks, Insurance companies, Govt portals.
• Some of the Agriculture Insurance Platform’s functional modules:
Inward Management & Policy Booking
Claim Processing & Settlement
Crop Cutting Experiment – CCE App
Eliminated human error while calculating premium. Above all, it resulted in productivity increase.
Precise data collection for accurate estimation of crop yield from the field, enabled by CCE Mobile App
Efficiently managed large volume of Policy Booking & Claims Processing, with minimal human resource
Over 200 Million sum insured with 28 million premium collected across 300 different crops being managed currently
Farmers On boarded Till Date
200 Million +