Long and consistent time series are really important,” said Robbert Mica, cofounder, and head of business development for VanderSat. Swiss Re has partnered with VanderSat to develop a range of agricultural insurance products by leveraging the latter 's satellite - based technology . VanderSat deploys a range of microwave sensors and data analytics , as opposed to more typical imagery analysis , to allow farmers to access daily feedback on soil moisture and temperature . The partnership will see Swiss Re move into parametric insurance products where payout is not dependent on 100 % crop loss . Swiss Re has stated that they are looking to utilise the technology to provide coverage to uninsured farmers in developing markets .
Swiss Re has partnered with VanderSat to develop a range of agricultural insurance products by leveraging the latter 's satellite - based technology . VanderSat deploys a range of microwave sensors and data analytics , as opposed to more typical imagery analysis , to allow farmers to access daily feedback on soil moisture and temperature . The partnership will see Swiss Re move into parametric insurance products where payout is not dependent on 100 % crop loss . Swiss Re has stated that they are looking to utilise the technology to provide coverage to uninsured farmers in developing markets .