Global climate risk solutions platform Arbol and Pollen Systems have teamed up to bring to market a first-of-its-kind product that combines parametric insurance with multiple real-time data sources, that are set to address long-standing challenges in agricultural and climate risk coverage.The collaboration is strengthened by Esri, the location intelligence leader and Omniris, which provides the underlying geospatial data platform and AI-driven analytics.As per the announcement, by integrating Arbol’s AI powered parametric insurance products with Pollen Systems’ agricultural intelligence and Omniris’ geospatial data infrastructure, which is built on Esri’s GIS technology, the partnership facilitates faster and more transparent risk assessment and claims resolution.By integrating satellite imagery, drone data, field observations, and historical records with parametric insurance, the product provides an efficient solution aimed at enhancing the speed, accuracy, and accessibility of managing climate-related agricultural risks.
According to both firms, this approach will allow insurers and their customers to move past static reports toward continuous, location-aware insight across the full lifecycle of a policy, from underwriting to claims.“Agricultural insurance has long been constrained by static data, delayed signals, and manual processes that don’t reflect how risk actually unfolds in the field,” commented Sid Jha, CEO of Arbol.Jha continued: “By partnering with Pollen we’re creating a new standard for how climate risk is assessed, monitored, and resolved.
This partnership brings real-time, location-aware insight directly into underwriting and claims, enabling faster decisions, greater transparency, and more resilient coverage for farmers and insurers alike.” “This partnership represents a fundamental shift in how crop and climate risk insurance is designed and delivered,” said Keith McCall, CEO & Founder of Pollen Systems and Omniris.Adding: “By combining Arbol’s parametric products with Pollen Systems’ field intelligence, we’re giving insurers and their customers a shared, trusted view of risk that persists over time.That continuity is what enables faster decisions, greater transparency, and insurance products that actually reflect what’s happening on the ground.”.
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Publisher: Artemis