London – 29th March 2023
AkinovA, a technology enabled marketplace for the effective transfer of (re)insurance risks, has announced a partnership with Ceres Imaging, the data analytics company that builds AI-driven risk solutions for agricultural (re)insurance providers. The partnership will provide AkinovA’s partners with access to Ceres’ global agriculture data set which is refined by more than 11 billion individual plant-level measurements and validated by over a decade of R&D including 30 university research partnerships. With Ceres, agricultural insurers can streamline underwriting, improve claims responsiveness, and build the next generation of risk based price models for standard or parametric policies.
“One of our main goals at AkinovA to create a space where our users can choose from a comprehensive range of services, and data sets to allow them to make the most informed investment choices possible. Welcoming Ceres onto our platform will allow our user base of underwriters, investors, corporates and their risk advisors access to world class agricultural data, to understand risk more effectively. Ceres’ data analytics will give users evaluating Agricultural Risk investment on the AkinovA platform the help to model yield impacts and return on investment in new ways.”Henri Winand, CEO of AkinovA
“Our AI models unlock a new set of preferred risk solutions for agricultural insurers. Ceres helps insurers focus on things that can be controlled such as precise farm data, near real-time responsiveness to in field health conditions, and targeted intervention recommendations to protect yield, manage claims and advance climate resiliency.”Ramsey Masri, CEO of Ceres Imaging
Insurers can begin taking advantage of Ceres Imaging’s solutions via the AkinovA platform available here: https://auth.akinova.com/register
AkinovA is a neutral, secure, regulated, end-to-end electronic marketplace for insurance and reinsurance where risks can meet capital from a range of sources (including corporates/insureds, insurers, reinsurers, capital markets) animated by brokers, analytics and other service providers. It is a marketplace for insurance risk transfer and trading, and capital raising. AkinovA provides investors with access to great new investment opportunities often decorrelated from capital markets to help hit financial returns. AkinovA is regulated to trade with brokers, insurers, reinsurers, ILS funds, capital market investors, listed corporates, data, analytics and service providers in 41 countries (UK FCA AR and Bermuda BMA regulated, ISO27001 certified).
- Capital Raising and Acceleration Services – Securing risk capital and working capital for data rich, tech enabled fintechs, insurtechs, tech firms, renewable energy & ESG ventures, via a global ecosystem of analytics and services partners, investors and cap raising partners.
- Marketplace, Analytical Services and Trading – Secure, neutral, electronic marketplace for the transfer and trading of insurance, reinsurance, insurance linked securities and collateral.
At Ceres Imaging, we build AI-driven solutions that protect yield and advance climate resiliency. We believe the future of agriculture depends on building the right tools to help farmers, insurers, lenders and sustainability partners make the most of their limited resources using our risk based models.