Ag Insurers and Lenders Look to AI and Analytics for More Accurate Datasets

Extreme weather has hammered the accuracy of traditional insurance and lending risk models. Insurers and lenders whose profit margins have been shrinking year over year given the severity of weather and its negative impact on crop yields are painfully aware of the problem. Insurers and lenders are now looking to implement more accurate datasets that consider what happens before, during and after a growing season.