The use of drones for risk management in the insurance industry has made headlines in the recent past. Advancements in the drone technology has increased their adoption and usage in many sectors without requirement of specialized skills to generate useful information. For instance, agricultural information such as plant population, nutrient and water stress, prevalence of pests’ diseases and crop damage by natural perils can be automatically be detected using multispectral sensors fitted on drones. Many research studies have demonstrated that use of drones is very cheap and more precise when compared to traditional survey methods.
Maksure risk solutions has recently adopted the use of drones for agricultural risks management, with adequate capacity in terms of resources. Currently a series tests are being conducted on many crops at its recently established prototype farm situated in Midrand, South Africa to provide customized loss adjustment methods for different crops across various phenological stages. Due to rapid changes in crop development, the impact of risks on crops should be instantly measured and processed for loss adjustments to accurately determine the value of a claim by a client. Hence through use of this technology, Maksure anticipates to provide accurate and near real time agricultural loss assessment information to all its clients in the insurance industry.
For more information regarding our Agriculture Risk Management Solutions, contact our Agriculture Specialist, Mr Richard Makanza at +27 11 805 0086 or email firstname.lastname@example.org.
About Maksure Risk Solutions
Maksure Risk Solutions is an Afro-Global independent specialist insurance and reinsurance broker with business footprint in Africa, Asia, East & Western Europe, South America and the Caribbean. We provide innovative and tailor-made risk solutions in Insurance and Reinsurance as well as Risk Financing and Actuarial Consulting geared towards capital management and strengthening our client’s balance sheet. Maksure is also one of the major players in Captive Management (Establishment & Management) in South Africa, Mauritius, Bermuda and various other jurisdictions. We have access into the Lloyds of London with a deep understanding of African markets. Our global nature ensures that our clients access quality capacity as well as some of the world’s latest thinking and solutions.