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Prediction: Satellite surveillance will become a standard in agricultural claims

Technology
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Prediction

In Ecuador, the use of satellite imagery will become standard for verifying agricultural insurance claims, especially in parametric policies. This technology enables validation of climate events like droughts or floods, speeds up payouts, and reduces fraud. Insurers will need clear frameworks on data privacy and collaboration with technology providers. Initiatives such as CampoSeguro indicate that Ecuador is following the global trend toward agricultural digitalisation, combining operational efficiency and transparency for both farmers and insurers.

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