Farmers Edge is a premier technology provider, addressing agriculture’s toughest technology challenges. Backed by Fairfax Financial, they offer Agribusiness expertise, technology consulting, white labelled solutions, and custom development services. Farmers Edge empowers insurers and agribusinesses to reduce their tech spend and expedite their delivery to market by navigating digital transformations at scale.
With over two decades of in-field experience, agricultural data covering 50 million acres+, and more than 100 in-house specialists, Farmers Edge delivers a comprehensive suite of solutions powered by technology, data, and insights to drive efficiency and innovation across the agricultural value chain.
Learn more about Farmers Edge here.
The partnership between Infosys and Farmers Edge delivers cutting-edge technology solutions to the insurance industry. Farmers Edge unmatched agricultural data, predictive analytics, and agronomic expertise, combined with Infosys' digital transformation capabilities, help build scalable solutions that enhance underwriting, claims management, and risk assessment. The partnership streamlines data integration, optimizes workflow automation, and empowers insurers with real-time insights. Insurers can improve accuracy and reduce risk through innovative products tailored to the needs of modern agriculture.
Challenge: Insurers often grapple with the decision to build their own technology solutions or buy existing ones. Building can be risky and time-consuming, while buying might not perfectly align with their existing processes.
Solution: The Infosys-Farmers Edge Alliance offers Managed Services that provide ready-to-use, high-quality solutions that are easy to integrate and come with excellent support. This way, insurers get the best of both worlds without the hassle.
Challenge: Developing technology in-house can be very expensive, especially if the technology is still in its early stages.
Solution: The Infosys-Farmers Edge Alliance leverages the combined expertise of both companies to deliver mature, well-developed solutions at a much lower cost. By working together, we ensure that insurers gain access to high-quality products without breaking the bank.
Challenge: New technologies often may fail to gain traction because they may not fit well with existing workflows or don't offer clear benefits.
Solution: The alliance provides customized solutions tailored to insurers' specific needs and workflows. Our extensive experience ensures that the technology is not only useful but also easy to adopt and integrate into existing processes.
Challenge: Implementing new technology scalable across an enterprise footprint can be challenging due to lack of user understanding, insufficient support, and unclear ownership.
Solution: The alliance offers comprehensive training programs, ongoing support, and clear communication on ownership and change management. This ensures a smooth transition and effective use of the technology.
Farmers Edge offers a comprehensive suite of solutions that leverage technology and drive efficiencies across the agricultural value chain. These include:
Equip crop insurers and agents with cutting-edge tools, risk models, and technology to reduce costs, optimize the technology stack, and streamline change management
Gain rich insights from various sources, from crop performance to forensic claims reports, with field-to-portfolio monitoring
Optimize the ingestion, processing, and storage of data to create a unified data lake, leveraging high-quality visualization to bring insights to life
Introduce new digital tools or refine existing ones to optimize customer, agent, and staff experience
Expand into new product categories and markets using data and technology to support the launch.