Objective To objective of the BEACON project is to develop a commercial service package that will enable insurance companies to exploit the untapped market potential of Agricultural Insurance, taking advantage of innovations in Earth Observation, weather intelligence and ICT / blockchain technology. BEACON will enable insurance companies to alleviate the effect of weather uncertainty when estimating risk for Agricultural Insurance products, reduce the number of on-site visits for claim verification, reduce operational and administrative costs for monitoring of insured indexes and contract handling, and design more accurate and personalized contracts. Through an early warning service they will be able to inform their customers (farmers) for potential crop risks related with weather conditions, and advise them to take all the necessary actions to mitigate the impact of weather in their crops. EO data derived by Copernicus Sentinel missions as well as by missions contributing to Copernicus will be used to develop the data products that will act as a complementary source to the information used by insurance companies to design their products and assess natural disasters. Weather intelligence based on data assimilation, numerical weather prediction and ensemble seasonal forecasting will be used to verify the occurrence of a catastrophic weather event and to predict future perils. ICT / blockchain technology will be used for the smart contract service, to provide insurance companies with an automated method for paying out damages to insured parties. The BEACON services will be deployed in the operational environment of more than 10 companies in the insurance sector, openly demonstrating and validating its value proposition and acceptance as a marketable commercial solution. A business model will be developed and validated using the Lean Start-up methodology, and a global roll-out of BEACON will be designed. Fields of science natural sciencesearth and related environmental sciencesatmospheric sciencesmeteorologynatural sciencescomputer and information sciencescomputer securitycryptographysocial scienceseconomics and businessbusiness and managementbusiness modelsagricultural sciencesagriculture, forestry, and fisheriesagriculturenatural sciencesearth and related environmental sciencesphysical geographynatural disasters Keywords agricultural insurance meteorological data risk management smart contracts Programme(s) H2020-EU.2.1.6. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies – Space Main Programme H2020-EU.2.1.6.1. - Enabling European competitiveness, non-dependence and innovation of the European space sector H2020-EU.2.1.6.3. - Enabling exploitation of space data Topic(s) DT-SPACE-01-EO-2018-2020 - Copernicus market uptake Call for proposal H2020-SPACE-2018-2020 See other projects for this call Sub call H2020-SPACE-2018 Funding Scheme IA - Innovation action Coordinator KARAVIAS MESITES ASFALISEON KAI SYMVOULOI ASFALISEON ANONYMI ETAIRIA Net EU contribution € 501 603,13 Address EVRIPIODU 12 105 59 ATHINA Greece See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Αττική Aττική Κεντρικός Τομέας Αθηνών Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 716 575,90 Participants (6) Sort alphabetically Sort by Net EU contribution Expand all Collapse all AGRICULTURAL APPLICATIONS IKE Greece Net EU contribution € 378 437,50 Address 34 KORITSAS STR. 551 33 THESSALONIKI See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Βόρεια Ελλάδα Κεντρική Μακεδονία Θεσσαλονίκη Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 540 625,00 UNIVERSIDAD POLITECNICA DE MADRID Spain Net EU contribution € 180 000,00 Address CALLE RAMIRO DE MAEZTU 7 EDIFICIO RECTORADO 28040 Madrid See on map Region Comunidad de Madrid Comunidad de Madrid Madrid Activity type Higher or Secondary Education Establishments Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 180 000,00 ETHERISC GMBH Germany Net EU contribution € 158 375,00 Address ZELLER WEG 35A 82057 Icking See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Bayern Oberbayern Bad Tölz-Wolfratshausen Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 226 250,00 FACULTY OF CIVIL ENGINEERING Serbia Net EU contribution € 110 750,00 Address BULEVAR KRALJA ALEKSANDRA 73 11000 Belgrade See on map Region Србија - север Београдски регион Београдска област Activity type Higher or Secondary Education Establishments Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 110 750,00 INOSENS DOO NOVI SAD Serbia Net EU contribution € 170 625,00 Address SONJE MARINKOVIC 18/1/3 21000 Novi Sad See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Србија - север Регион Војводине Јужнобачка област Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 243 750,00 ETAM ANONYMH ETAIREIA SYMBOYLEYTIKON KAI MELETHTIKON YPIRESION Greece Net EU contribution € 233 625,00 Address ODOS G PAPANDREOU 5 71306 Irakleio See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Νησιά Αιγαίου Κρήτη Ηράκλειο Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 333 750,00
