Periodic Reporting for period 1 - AMIGOclimate (Customised climate index insurance services for agriculture)
Berichtszeitraum: 2019-02-01 bis 2019-07-31
AMIGO CLIMATE integrates into one web platform climate modelling, ground-based and remotely sensed measures of weather variables to provide high level software capabilities for customised climate risk assessment globally, including climate index computation, visualization and reporting. With AMIGO CLIMATE we change radically the use of climate data and climate information in the climate risk management industry, since customers will be able to perform tailored analysis for the index-based insurance industry, getting automatically maps and reports, effectively calculating premiums. Compared to existing solutions AMIGO CLIMATE is more performing and scalable, easier to use, cloud-based, cheaper and it offers over time continuity for monitoring indices, thus assuring economic benefits to customers. AMIGO CLIMATE allows customers to enter a huge variety of data that could be customized according to users’ needs.
In particular, the main activities have been focused on:
• Identification of the problem and proposed solution
• Market analysis
• Business model and financial analysis
• Meetings with potential customers