MeteoControl AI

Satellite-based weather and soil-moisture data platform for parametric agricultural insurance

Specialty Solutions

Overview

MeteoControl AI is a satellite-based weather and soil-moisture data platform for insurers, reinsurers, and brokers underwriting parametric agricultural insurance. The company supplies the environmental data infrastructure that parametric (index-based) crop insurance programs use to trigger payouts automatically, replacing the manual loss-adjustment process that traditional agricultural insurance relies on.

The platform draws on European Space Agency (ESA) satellite observation data to continuously track soil-moisture indices and weather conditions across insured farmland. When a defined environmental threshold is crossed -- such as soil moisture falling below a critical level for crop health -- the platform's data feed triggers a predetermined insurance payout rather than waiting for a field damage assessment. The same data also supports preliminary loan decisions and insurance pricing based on quantified weather risk.

MeteoControl AI operates as a data infrastructure partner in a multi-party parametric insurance initiative for Ukrainian farmers, working alongside reinsurer Munich Re, broker GrECo, and insurer ARX, with agribusiness partner Corteva Agriscience, using ESA soil-moisture index triggers for crop coverage.

Products & Services

Parametric Insurance Data Platform

A satellite and weather-data platform that generates parametric triggers for agricultural insurance. It monitors soil-moisture and weather conditions in near-real time and signals a payout event when contracted environmental thresholds are met, rather than requiring a post-loss field assessment.

Key Features

ESA satellite-based soil-moisture index monitoring
Automated parametric trigger determination for insurance payouts
Weather-risk data supporting preliminary loan decisions and insurance pricing

Target Users: Insurers, reinsurers, and brokers underwriting parametric crop insurance

At a Glance

Category & Focus

Category: Specialty Solutions
Subcategories: Parametric Insurance Agricultural Insurance Weather & Climate Data
Insurance Verticals: P&C Commercial Specialty/E&S
Target Customers: Carriers, Brokers, Reinsurers