Insuring farmers against weather extremes

Climate-KIC Start-Up

Founding Year: Not founded yet

Location: Cham, Switzerland

ClimateRe develops and provides index-based crop insurance to lower the climate vulnerability of farmers.

Our weather insurance products are based on objective parameters such as rainfall or temperature and do not require any complicated and expensive damage estimations in the field. Remote sensing and mobile technology are used to design the products and for efficient distribution. All of these advantages make our solution lean and transparent and allow a fast claims settlement. Our insurance products not only help farmers to recover faster from bad weather events, but also increase their credit worthiness – opening doors for new opportunities. ClimateRe’s unique product design and distribution system makes crop insurance easily accessible to millions of smallholder farmers.

Team Members: Juna Shrestha (Environment Sciences, PhD); Benjamin Huber (Natural Sciences, PhD); Daniele Torriani (Agro-economics, PhD); Prem Gurung (Agriculture & International development, MSc); Thomas Griesser (Atmospheric Sciences, PhD)