Latevo teams up with Geosys to offer low-cost MPCI cover

Multi-peril crop insurer Latevo has forged a new partnership with Geosys – a global agriculture company that provides insurers with up to 30 years of archived data, maps, and real-time data – to offer Australian growers a new low-cost MPCI product this 2018 growing season.
The new offering, called the Latevo Crop Monitor, is a custom application which integrates Geosys’ Croptical monitoring application with Latevo’s proprietary algorithms  to provide variability maps with weather data in one tool, and help cut the cost of MPCI by nearly 70% compared to historic models.
Read more…
Publication: Insurance Business Australia Date: 08 February 2018
By Mina Martin