CERES has extensive experience in the design and rating of both indemnity-based and parametric or index-based insurance products and programs. Our product development experience stretches across the whole agricultural insurance portfolio, including annual and perennial crops, livestock, aquaculture and forestry.
CERES takes advantage of new advances in data science and technology to ensure that the products we develop fulfill our clients’ needs.
In terms of index-based solutions, CERES develops risk financing products for individual farmers (micro level), for specialist risk aggregators such as financial institutions, input dealers, or producer cooperatives (meso level) and for governments as part of disaster risk financing strategies for the agricultural sectors (macro level).
Exemplary CERES outputs: Structure and pricing of indemnity- and index-based insurance products for all agricultural sectors, all perils, and all levels of aggregation.