Yield Forecasting (YF)

Use YF to manage adjusters, set claim reserves, and develop products

The Yield Forecast is an add-on for all other GreenTriangle solutions.

It enables you to manage your loss adjuster staff more efficiently, either by providing them with assistance in the field or by double-checking their results. Additionally, it allows you to calculate real-time reserves for your insurance portfolio.

Furthermore, it serves as the foundation for innovative product development throughout the entire agricultural value chain.

Assist loss adjusters

Allow your loss adjuster to assess the yield before they even enter the field and also compare it to neighboring fields

Double-check the results

Are you having doubts about your loss estimates? Use the GT yield prediction to double-check the samples taken in the field!

Reserve in real time

If you need to be quick and accurate with reservations and IBNRs, use the GT yield forecast on an aggregate level and come up with reliable forecasts

Create additional revenue

Use the historical volatility of the field score of UDS and combine it with the yield forecast. This approach allows you to rate any MPCI addon on a field level.

Stakeholders

A platform for traditional insurers and parametric (re)insurers

Whether you want to make more efficient use of your adjuster’s time, increase the accuracy of your losses, or offer innovative, easy-to-adjust products, using GT yield forecast in combination with your other services your company will stand out from the competition.

Crop Monitoring

Ground level and satellite data combined

Our web app gives access to week by week regional and field level yield forecasts for a variety of grain types. You can also explore yearly historical yield, expected loss, and benchmark yields in different countries.