# Saturnalia > Geospatial intelligence and AI for agricultural insurance ## At a glance | Field | Value | | --- | --- | | Category | Underwriting & Risk | | Type | Solutions Provider | | Region | EMEA | | Headquarters | Pavia, Italy | | Founded | 2024 | | Stage | Startup | | Employees | 11-50 | | Funding | Seed | ## Overview Saturnalia is a geospatial data and AI platform for agricultural insurance, serving carriers, brokers, and MGAs primarily in the European market. The company was founded in 2024 and originated from technology developed at Ticinum Aerospace, a University of Pavia spin-off. The platform processes real-time satellite imagery from sources including Copernicus, NASA, and Planet Labs to support underwriting, portfolio monitoring, and claims assessment. Core modules cover automated event detection, crop and weather risk scoring, and a digital claims workflow that reduces field adjuster time by approximately 70%. The solution is delivered via a SaaS platform and targets agricultural lines within P&C and specialty insurance. Saturnalia serves 10+ insurance companies and brokers, including terraSicura, Agris, REVO, and Vereinigte Hagelversicherung VVaG Italia, and monitors over 1 million hectares daily. The company reports up to a 5-point improvement in client loss ratios and a 30% reduction in average claims handling time. It received early backing from the toseed accelerator and the European Space Agency, and in July 2026 announced a partnership with Edge Broker to integrate its geospatial data and AI into agricultural insurance decision-making. ## Products & services ### Underwriting Satellite-based risk assessment for agricultural policies. Objective data from multiple satellite sources replaces or augments traditional field surveys, providing standardized risk scores and historical loss event context for underwriters. **Key features:** - Multi\-source satellite data integration \(Copernicus, NASA, Planet Labs\) - Historical weather and crop event analysis - Standardized risk scoring for agricultural exposures *Target users:* P&C carriers and MGAs writing agricultural lines ### Portfolio Monitoring Real-time visibility into exposure concentration and geographic risk distribution across monitored territories. Allows portfolio managers to track aggregate exposure and identify accumulation zones. **Key features:** - Real\-time portfolio\-level risk visualization - Geographic exposure concentration analysis - Customizable reporting by territory or crop type *Target users:* Portfolio managers and underwriting teams at carriers and MGAs ### Real\-time Monitoring Automated detection of weather events and crop damage using satellite imagery. Identifies affected regions and estimates economic impact without requiring manual field inspection. **Key features:** - Automated satellite\-based event detection - Economic impact estimation for affected areas - Early warning capabilities for emerging events *Target users:* Claims and underwriting teams at agricultural insurers ### Digital Claims Management Objective, satellite-driven claims assessment process designed to standardize and accelerate claims handling. Reduces field adjuster visits and speeds settlement timelines. **Key features:** - Satellite imagery\-based damage verification - Approximately 70% reduction in field adjuster time - 30% reduction in average claims handling time *Target users:* Claims departments at agricultural carriers and brokers ## Category & focus - Subcategories: Agricultural risk scoring, satellite\-based event detection, portfolio exposure monitoring, digital claims assessment - Insurance verticals: P&C Commercial, Specialty/E&S - Target customers: Carriers, Brokers, MGAs/MGUs ## Notable customers - terraSicura - Agris - REVO - Vereinigte Hagelversicherung VVaG Italia ## Links - Website: - Directory profile: - Linkedin: - Platform: - Esa incubed profile: --- *Last updated: 2026\-07\-13*