Beacon H2020 Project

the objective of beacon 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. earth observation data derived by copernicus sentinel missions as well as by missions contributing to copernicus w