CORDIS Project

Boosting Agricultural Insurance based on Earth Observation data

BEACON·821964·H2020

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Funding data

Programme: Horizon 2020
Participants: 4
Start - End: 01/01/2019 — 31/01/2022
Status: CLOSED

Summary

The BEACON project aims to create a service package for insurance companies to leverage Earth Observation and weather data for agricultural insurance. It focuses on improving risk assessment and claims processing through innovative technologies like blockchain and weather intelligence.

Objective

To objective of the BEACON project 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, reduc…

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Coordinator

KARAVIAS UNDERWRITING AGENCY

KARAVIAS MESITES ASFALISEON KAI SYMVOULOI ASFALISEON ANONYMI ETAIRIA - KARAVIA INSURANCE BROKERS AND INSURANCE ADVISORS SOCIETE ANONYME

Country: Greece, ATHINA
Organization type: SME
Activity type: Private for-profit entities (excluding Higher or Secondary Education Establishments)
SME: Yes

Network and participants(4 participants)

Partner organizations (coordinator is shown above), with normalized type and CORDIS activity type. Guests see up to 4 partners.

AgroApps P.C.
Greece, THESSALONIKI
Type: SME
Activity type: Private for-profit entities (excluding Higher or Secondary Education Establishments)
SME: Yes
participant
UPM
Spain, Madrid
Type: University / higher education
Activity type: Higher or Secondary Education Establishments
SME: No
participant
ETHERISC GMBH
Germany, Icking
Type: SME
Activity type: Private for-profit entities (excluding Higher or Secondary Education Establishments)
SME: Yes
participant
FACULTY OF CIVIL ENGINEERING
Serbia, Belgrade
Type: University / higher education
Activity type: Higher or Secondary Education Establishments
SME: No
participant

4 participants shown of 7

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CORDIS call / funding scheme

Programme: H2020
Call: H2020-SPACE-2018-2020
Sub call: H2020-SPACE-2018
Funding scheme: IA - Innovation action
Domain note: This block describes the CORDIS project call context. Live open opportunities are managed in the Funding & Tenders domain.

Fields of Science (EuroSciVoc)

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Agricultural sciencesAgriculture, forestry, and fisheriesAgriculture
Natural sciencesComputer and information sciencesComputer securityCryptography
Natural sciencesEarth and related environmental sciencesAtmospheric sciencesMeteorology
Natural sciencesEarth and related environmental sciencesPhysical geographyNatural disasters
Social sciencesEconomics and businessBusiness and managementBusiness models

Topic

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DT-SPACE-01-EO-2018-2020

Sector

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Space

Keywords

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agricultural insurance meteorological data risk management smart contracts