Innovations in agricultural data development for insurance
High quality agricultural data is critical for sustainable agricultural insurance programs. For agriculture insurance in low or middle income countries, coordinated investments in agriculture data as a public good may be the best solution. Combining yield, weather, and satellite data in sensible ways can lead to higher quality, more cost-effective products than just using one type of data. Data sources are continually improving with technological and operational advancements. Agriculture insurance programs need to be responsive to these innovations.