A rede IEFC para a gestão sustentável e resiliência das florestas cultivadas
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FIRE-RES – Parametric Insurance for Wildfires
Parametric Insurance for Wildfires
Objectives: Provide forest owners with simple and responsive insurance solutions by using satellite data to estimate damages, avoiding the need for on-site inspections.
We are developing simplified insurance solutions known as “parametric insurance.”
Unlike traditional insurance, parametric insurance relies on satellite data to automatically measure the area of forest burned. Once a predefined threshold is reached, compensation is triggered without the need for on-site assessment.
Applications:
Provide faster and automated compensation for forest owners.
Simplify claims management for insurers through a more streamlined and cost-effective system