
David Friedberg (The Climate Corporation) - Entrepreneurship Gives Life Meaning
Entrepreneurial Thought Leaders (ETL)
00:00
The Importance of Automated Payouts for Farmers
The customizability of our products is what really gives us the ability to sell them because people need to customize them to their... At my farm, I plant between May 1st and May 15th. The typical claims frequency for insurance companies like less than 3%. So, for them to then scale up their loss adjustment program by 10x would be untenable. We focus on farmers, but there is more that we can do with the platform that we've built and the technology that we'veBuilt where we're predicting the weather on a micro scale basis 10,000 times over next two years. Right now we're underwriting insurance policies with it at data. And in the future we hope
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