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Top Crop Insurance Companies in India

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60 companies for Crop Insurance in India

RMSI Cropalytics's Logo

RMSI Cropalytics

India

D

1001-5000 Employees

-

Key takeaway

RMSI Cropalytics offers comprehensive data analytics solutions specifically designed for the crop insurance sector, utilizing advanced technologies like AI and machine learning to enhance decision-making for stakeholders. Their focus on timely and organized data addresses the challenges faced by the agricultural industry in India, ultimately contributing to more effective crop insurance management.

Reference

Core business

Crop Insurance Management Solutions - RMSI Cropalytics

RMSI Cropalytics focuses on data analytics that combines advanced modeling, machine learning, and crop and meteorological domain expertise to provide solutions to decision-makers in government, crop insurance, agriculture input sector, commodity trading, and social sector.

Zoom Insurance Brokers Pvt Ltd's Logo

Zoom Insurance Brokers Pvt Ltd

Gurugram District, India

D

51-100 Employees

2008

Key takeaway

The company offers a comprehensive Crop Insurance program designed to address the varying levels of risk exposure faced by businesses. With a focus on innovative solutions and dedicated service support, they aim to empower clients in managing their agricultural risks effectively.

Reference

Service

Crop Insurance – Zoom Insurance

Hero Insurance Broking's Logo

Hero Insurance Broking

New Delhi, India

D

51-100 Employees

2004

Key takeaway

Hero Insurance Broking is a leading insurance broker in India, offering a range of general insurance products and emphasizing outstanding service to clients and distributors. Their innovative Insurance Broking Portal enhances the distribution of various insurance products, potentially including crop insurance.

Reference

Service

Property Insurance - Hero Insurance Broking

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Storm Weather Analytica Pvt. Ltd's Logo

Storm Weather Analytica Pvt. Ltd

Pune, India

D

1-10 Employees

2018

Key takeaway

The company specializes in providing picture-based crop data for insurance agencies, which enhances the accuracy of crop assessments and streamlines loss verification processes. Their innovative use of smartphone technology aims to minimize costs and improve access for farmers, making farming more efficient and supporting effective crop insurance solutions.

Reference

Core business

PICTURE BASED CROP DATA FOR INSURANCE AGENCIES (PBI) – Storm Weather Analytica Pvt Ltd

PICTURE BASED CROP DATA FOR INSURANCE AGENCIES (PBI) The picture-based crop data for insurance agencies (PBI) will provide much accurate crop assessment using smart phones technology, this new technology aims to minimize costs of loss verification, easy access and deliverable solution to reach out to every single farmer. Combine that with the smart phone technology

ICICI Lombard General Insurance's Logo

ICICI Lombard General Insurance

Mumbai, India

D

5001-10000 Employees

2001

Key takeaway

ICICI Lombard offers a comprehensive range of insurance products, including crop insurance, tailored for the growing rural sector. With a commitment to customer-centric solutions and a focus on technology, the company ensures that its diverse offerings meet the needs of its over 4 crore customers.

Reference

Core business

General Insurance - Buy Insurance Policy Online in India at ICICI Lombard

IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED's Logo

IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED

Bengaluru, India

D

- Employees

-

Key takeaway

The company offers a comprehensive range of insurance products, including crop insurance through the Pradhan Mantri Fasal Bima Yojana (PMFBY), which provides coverage to farmers against financial losses due to adverse weather and other calamities.

Reference

Core business

सीएसआर बीमा | इफको टोकियो जनरल इंश्योरेंस कंपनी

IFFCO Tokio believes in Creating Shared Value, or CSV which is based on the idea that corporate success and social welfare are interdependent.

Agro Indus Credits's Logo

Agro Indus Credits

Neyyatinkara, India

D

- Employees

-

Key takeaway

Agro Indus Credits Limited offers a range of financial services, including insurance, which may encompass crop insurance. Their commitment to supporting customers with tailored services highlights their focus on meeting diverse financial needs.

Reference

Service

Agro Indus Credits Limited

CropIn's Logo

CropIn

Bengaluru, India

D

101-250 Employees

2010

Key takeaway

Cropin's products enhance the agricultural ecosystem by providing financial services providers and other stakeholders with digital tools to optimize their operations. By leveraging near real-time farm data and insights, Cropin enables effective decision-making, which is crucial for crop management and insurance strategies.

Reference

Core business

Company Profile

Company Profile

Chansar Risk Advisory LLP's Logo

Chansar Risk Advisory LLP

Kolkata, India

D

1-10 Employees

-

Key takeaway

Chansar Insurance Brokers LLP specializes in trade credit insurance, which can help small businesses manage financial risks and confidently expand their customer base.

Reference

Core business

CHANSAR INSURANCE BROKERS LLP

Leading Specialist Trade Credit Insurance Broker

Credible India's Logo

Credible India

Mumbai, India

D

1-10 Employees

2017

Key takeaway

The company offers products that provide agricultural insights and risk management tools, which can be crucial for understanding and mitigating risks in agribusiness, including those posed by market fluctuations and weather. Their subscription-based model and accessible web portal make it easier for various stakeholders in the agricultural sector to enhance their resilience and potentially increase revenues.

Reference

Core business

Credible


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Information about Crop Insurance in India

When exploring the crop insurance industry in India, several key considerations emerge. Regulatory frameworks play a crucial role, as the government has established various schemes like the Pradhan Mantri Fasal Bima Yojana to provide a safety net for farmers. Understanding these regulations is vital for evaluating insurance products and their compliance. Challenges in the industry include issues like underinsurance, inadequate risk assessment, and the impact of climate change on crop yields, which can complicate claims and pricing models. However, opportunities abound, particularly in leveraging technology for better data analytics and risk assessment, which can enhance product offerings and customer engagement. Moreover, the competitive landscape has been shaped by both private insurers and public sector entities, leading to innovation in policy structures and coverage options. It's also essential to consider environmental concerns, as sustainable practices are increasingly influencing insurance terms and farmer eligibility. Lastly, with globalization, India's crop insurance market is becoming relevant on a broader scale, encouraging foreign investment and collaboration, which can further enhance the industry's growth potential. Understanding these factors will provide a comprehensive view of the crop insurance sector and aid in making informed decisions when researching companies in this field.


Insights about the Crop Insurance results above

Some interesting numbers and facts about your company results for Crop Insurance

Country with most fitting companiesIndia
Amount of fitting manufacturers223
Amount of suitable service providers183
Average amount of employees101-250
Oldest suiting company2001
Youngest suiting company2018

Frequently asked questions (FAQ) about Crop Insurance Companies

Some interesting questions that has been asked about the results you have just received for Crop Insurance

Based on our calculations related technologies to Crop Insurance are Water/Ocean Cleaning Technologies, Waste Management, Renewable Energy, Sustainable Fashion, Smart Grid

The most represented industries which are working in Crop Insurance are Finance and Insurance, Agriculture, IT, Software and Services, Other, Biotechnology

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Crop Insurance results by various countries

Related categories of Crop Insurance