By teaming up with VanderSat, Swiss Re has overcome the cloud cover issue – one of the main pain points associated with satellite-derived imagery data – and is closer to underwriting hard-to-insure problems for farmers, most notably drought.
Swiss Reinsurance Company Ltd, better known as Swiss Re, is the world’s second-largest reinsurer. Founded in 1863 and based in Zurich , Swiss Re operates through offices in over 25 countries and was ranked 118th in Forbes 2000 Global leading companies 2016.