Aon: Blockchain Technology Brings Crop Insurance to Paddy Field Farmers
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"By bringing micro-insurance, with very small premiums, to the hard working paddy field rice farmers, we are empowering economic and human possibility," said Hugo Wegbrans, chief broking officer
A major barrier to entry for farmers is a lack of affordable and reliable insurance products, and understanding about how insurance will help them survive and when it will pay out. By leveraging blockchain technology it is intended to automate parametric insurance products, transforming and simplifying the claims process to the point that the farmer would not need to submit a claim and the insurer would not need to send a claims adjuster in the field.
This project is designed to offer
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About Etherisc
Etherisc develops a protocol for decentralized insurance apps, creating an alternative to traditional insurance. The company's mission is to make the purchase and sale of insurance more efficient--reducing operational costs, increasing transparency, and democratizing access to reinsurance investments. https://etherisc.com/. @etherisc Telegram: https://t.me/etherisc_community
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