IBISA loss assessment module combines index-based triggers and ‘wisdom of the crowd’ that aggregates many individual assessments from different people.
The theory behind is that errors in individual assessments caused by partial information or bias tend to be cancelled. The addition of the Crowd Assessment improves results and help reducing basis risks.
Why becoming a Watcher ?
- Support smallholder farmers worldwide from your desk
- No need to be an expert, with 10 min once a month you can participate
- Learn and contribute to the future of insurance
- The assessments is made through IBISA Watchers Platform, super easy to use
- Your assessment is merged with the assessment of all the Watchers in the community, Crowd-Watching result
- This results helps improving the parametric result
- Start building your reputation as Watcher
Join the first community of Crowd Assessment for Insurance.
A world of opportunities is opening!
How it works
Hybrid-parametric
01
SATELLITES
Open and flexible infrastructure incorporating different satellite data sources
02
EO DATA
Different indices based on product efficiency, costs or risk covered
03
ASSISTED ASSESSMENT
Automated estimation of damages is done using our proprietary algorithms
04
CROWD-WATCHING
In parallel, the crowd-watching community estimation helps improving the automatic result
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