Agriculture Insurance in India: Towards the Next 40 Million Farmers

In 2016, the Government of India introduced the Pradhan Mantri Fasal Bima Yojana (PMFBY), also known as the Prime Minister Crop Insurance Scheme, in a herculean effort to protect nearly 40 million farmers nationwide against agriculture production risks. In PMFBY,…

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What’s in India’s Multi-Billion Agriculture Insurance Project?

About 57% of India’s population depends on agriculture as the primary source of livelihood.[1] However, with climate change and the increased frequency of natural disasters, managing agricultural risks has become a key challenge for farmers. Additionally, indebtedness, crop failures, and…

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ARTS wins at the 7th Asia Insurance Technology Awards

Asia Risk Transfer Solutions (ARTS) is delighted to announce that our flagship agriculture risk analytics platform, Crop Risk Expert Suite (CRES), has been selected as the winner of the “Innovation Award” at the 7th Asia Insurance Technology Awards (AITA) 2017.…

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