Our pitch deck at Melbourne Datathon 2019

1. BETTER INSURANCE ACCESS FOR FARMERS & BROKERS
November, 2019
Team members
Ha Nguyen • Ngan Huynh • Trung Pham • Phuong Le • KhangVo • AnhVan

2. AGRICULTURE: A HIGH RISK INDUSTRY
Source: ABC
$20
MIL
LOSSES BY BUSHFIRE IN NSW (2019)
$14
BIL
LOSSES BY DROUGHT IN QUEENSLAND (2019)

3. 50%
Uninsured
FARMERS ARE NOT PROTECTED ENOUGH
3%
Global value
MINISCULE MARKETVALUE
AGRICULTURAL INSURANCE: NOTWELL-FUNCTIONING
Source: FAO, World Bank

4. A TRANSITIONTO INDEX-BASED INSURANCE
TRANDITIONAL INSURANCE INDEX-BASED INSURANCE
Lack of data
Asymmetric
information
High loss
assessment cost
Lack of data
No asymmetric
information
No loss
assessment cost
Lack of understanding
HIGH COST COST CAN BE LOWER

5. AGRISHIELD:
A MARKETPLACETHAT SUPPPORTS INDEX-BASED INSURANCE
BROKERS
✓ Reduce cost
✓ Better packages
INSURERS
FARMERS
✓ More
customers
✓ Increase
success rate
BETTER INSURANCEACCESS FOR FARMERS & BROKERS
✓ Better
understanding
✓ More choices
of insurers
✓ Provide data
✓ Build trust

6. Step 1. Broker selects farm location
AGRISHIELD DEMOWITH BROKER AS USER
Step 1
Step 3
Step 2
Step 4

7. Step 2: Broker explores data provided by AgriShield
AGRISHIELD DEMOWITH BROKER AS USER
Yield-related data
Weather-
related data
Step 1
Step 3
Step 2
Step 4
1
2
Current Crop Growth Current Harvest Progress: 26/09/2019 Regional Historical Yield (tons/ha)
Historical and Projected NDVI Projected Growth Next Season
Historical Temperature and Rainfall Severe Weather Events

8. Step 3: Broker submits all data to a number of insurers
AGRISHIELD DEMOWITH BROKER AS USER
Yield-related data
Weather-related data
Farmer data
Sent to
several
Insurers
Step 1
Step 3
Step 2
Step 4

9. Step 4:
Received quotes from several insurers, broker offers the optimal product to farmer
AGRISHIELD DEMOWITH BROKER AS USER
Step 1
Step 3
Step 2
Step 4
Offer the optimal product
for farmers

10. SCALABILITY AND FURTHER DEVELOPMENT
MORE DATA ON LAND, SOIL & WATER SUPPY
✓ Lower insurance cost
✓ Better insurance packages
ADVANCED ML MODELS
✓ More precise insights
MORE COMMODITIES
✓ Reach more farmers
✓ Increase the uptakes

11. AGRISHIELD = HAPPINESS FOR EVERYONE ☺
INCREASE
UPTAKE
DECREASE
COST
FARMERS
✓ More
customers
✓ Increase
success rate
BETTER INSURANCEACCESS FOR FARMERS & BROKERS
✓ Better
understanding
✓ More choices
of insurers
✓ Provide data
✓ Build trust
✓ Reduce cost
✓ Better packages
INSURERS
BROKERS
DATA
CUSTOMIZED
PACKAGES

12. Q&A
THANKYOU
BETTER INSURANCEACCESS FOR FARMERS & BROKERS

13. APPENDICES

16. SHOWCASEVIDEO
https://www.youtube.com/watch?v=uRdQ4qJtdS8