Crop Insurance

topic on 2 shows · 2 statements across 2 episodes

the Neon Show the a16z Podcast

2 statements about Crop Insurance, every show

NEON SHOW Assertion Supported
Satellite AI cuts crop insurance payouts from twelve months to days
“Today it takes even eight to nine months and even 12 months to give the money to the farmer, even if his crop has failed, because all the validation is manual. But with this kind of system, you can make the payouts within a, you know, within a day or 15 days.”
Krishna Kumar Jan 4, 2021 ▶ 31:33 Inside the mind of Krishna Kumar, Founder, CropIn- the largest Agritech SaaS startup of India
a16z Assertion Not checkable as stated
An estimated 500 million farmers globally lack crop insurance
“You don't have to go very far afar into many, many other countries in the world such that by some estimates, five hundred million farmers don't have crop insurance.”
Angela Strange Nov 30, 2018 ▶ 18:40 Managing Risk and Uncertainty: The Future of Insurance

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