Modernizing and optimizing Canada’s crop insurance system
Process Augmentation
Consortium Contribution
$6,232,076.95
Cluster Contribution
$5,098,972.05
Agi3
Agi3 Risk Services
Aon Reinsurance Solutions Canada
Goal
To give farmers more tailored risk management options, help advisors and agents deliver those options more clearly, and support a more resilient and efficient crop insurance environment in the face of climate volatility and fiscal pressure
Project Summary
Building on Agi3’s existing technical foundation, the project will focus on developing and piloting an AI-enabled public-private framework for crop insurance that better connects public Business Risk Management programs with targeted private insurance solutions.
The work includes new framework design, in-season risk analytics, product and performance-layer modelling, and decision-support tools intended to improve transparency, efficiency and coordination for farmers, advisors, insurers and governments.
