Abstract
Weather Insurance and Derivatives is a case of multiple technology disciplines coming together to offer a unique solution for farmers to protect them against vagaries of weather and climate change. Credited with pioneering weather insurance in India, Weather Risk Management Services founded in 2004 has emerged as a global climate risk management company, offering a wide range of products and services combining big data, analytics , smart devices and financial services. In its 12-year history of credibility with key market players, the company is in a position to address an INR 10,000 Cr. market. This article highlights the innovative solutions developed by the company, and the humongous impact created by them.
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Agrawal, S. (2017). Withering to Weathering—A Farmers’ Friend. In: Phani, B., Khandekar, S. (eds) Innovation, Incubation and Entrepreneurship. IITK Directions, vol 1. Springer, Singapore. https://doi.org/10.1007/978-981-10-3334-6_8
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DOI: https://doi.org/10.1007/978-981-10-3334-6_8
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