“Seeing is Believing:” Research project on smartphone camera data for agricultural risk management

IFPRI, together with partners from India as well as the academic community, pioneered in testing whether smartphone camera data could strengthen insurance products in India. A proof of concept study of “picture-based insurance” (PBI), an easy-to-understand low-cost insurance product for visible crop...

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Detalles Bibliográficos
Autores principales: Kannan, Samyuktha, Kramer, Berber, Singh, Vartika
Formato: Conference Proceedings
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2019
Materias:
Acceso en línea:https://hdl.handle.net/10568/146620
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author Kannan, Samyuktha
Kramer, Berber
Singh, Vartika
author_browse Kannan, Samyuktha
Kramer, Berber
Singh, Vartika
author_facet Kannan, Samyuktha
Kramer, Berber
Singh, Vartika
author_sort Kannan, Samyuktha
collection Repository of Agricultural Research Outputs (CGSpace)
description IFPRI, together with partners from India as well as the academic community, pioneered in testing whether smartphone camera data could strengthen insurance products in India. A proof of concept study of “picture-based insurance” (PBI), an easy-to-understand low-cost insurance product for visible crop damage, was conducted between 2016 and 2018 in Punjab and Haryana on the wheat crop. Along with technical and implementation partners including HDFC, we also leveraged smartphone camera data to provide personalized agricultural advice based on real-time observations of crop conditions, from sowing to harvest. Through a randomized trial we found that “picture-based insurance” overcomes limitations of traditional insurance products and that there is a strong case for bundling the insurance with other customized risk-reducing services such as advisories. To build on this research further and develop a sustainable and scalable risk-management solution, the project won the Inspire Challenge Scale-up Grant in 2018 awarded by the CGIAR Big Data Platform.
format Conference Proceedings
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publishDate 2019
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spelling CGSpace1466202025-11-06T07:16:34Z “Seeing is Believing:” Research project on smartphone camera data for agricultural risk management Kannan, Samyuktha Kramer, Berber Singh, Vartika insurance gender capacity development information and communication technologies risk finance women IFPRI, together with partners from India as well as the academic community, pioneered in testing whether smartphone camera data could strengthen insurance products in India. A proof of concept study of “picture-based insurance” (PBI), an easy-to-understand low-cost insurance product for visible crop damage, was conducted between 2016 and 2018 in Punjab and Haryana on the wheat crop. Along with technical and implementation partners including HDFC, we also leveraged smartphone camera data to provide personalized agricultural advice based on real-time observations of crop conditions, from sowing to harvest. Through a randomized trial we found that “picture-based insurance” overcomes limitations of traditional insurance products and that there is a strong case for bundling the insurance with other customized risk-reducing services such as advisories. To build on this research further and develop a sustainable and scalable risk-management solution, the project won the Inspire Challenge Scale-up Grant in 2018 awarded by the CGIAR Big Data Platform. 2019-03-07 2024-06-21T09:07:48Z 2024-06-21T09:07:48Z Conference Proceedings https://hdl.handle.net/10568/146620 en Open Access application/pdf International Food Policy Research Institute Kannan, Samyuktha; Kramer, Berber; and Singh, Vartika. 2019. “Seeing is Believing:” Research project on smartphone camera data for agricultural risk management. Workshop February 1-2, 2019. Chennai, India. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/146620
spellingShingle insurance
gender
capacity development
information and communication technologies
risk
finance
women
Kannan, Samyuktha
Kramer, Berber
Singh, Vartika
“Seeing is Believing:” Research project on smartphone camera data for agricultural risk management
title “Seeing is Believing:” Research project on smartphone camera data for agricultural risk management
title_full “Seeing is Believing:” Research project on smartphone camera data for agricultural risk management
title_fullStr “Seeing is Believing:” Research project on smartphone camera data for agricultural risk management
title_full_unstemmed “Seeing is Believing:” Research project on smartphone camera data for agricultural risk management
title_short “Seeing is Believing:” Research project on smartphone camera data for agricultural risk management
title_sort seeing is believing research project on smartphone camera data for agricultural risk management
topic insurance
gender
capacity development
information and communication technologies
risk
finance
women
url https://hdl.handle.net/10568/146620
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AT kramerberber seeingisbelievingresearchprojectonsmartphonecameradataforagriculturalriskmanagement
AT singhvartika seeingisbelievingresearchprojectonsmartphonecameradataforagriculturalriskmanagement