PolandFinance and insurance2022 – ongoingPZU
AgroLab agricultural claims assessment
PZU said AgroLab cut field damage-analysis time by around 50%
Problem
Extreme weather produced widespread agricultural losses that required assessment before compensation could be calculated.
Approach
PZU developed AgroLab for agricultural claims and released it in 2022. AI analyzed satellite imagery alongside insurer data to identify damaged areas. Mobile experts used the results to calculate compensation.
Results
Takeaway
The tool supported assessors' damage calculations, with reported improvements in both field analysis and payment speed.
Categories
- Size
- Large enterprise
- Industry
- Finance and insurance
- Business function
- Finance, risk and legal
- Innovation type
- Process innovation
- AI technology
- Computer visionPredictive analytics and ML
- Adoption
- Built in-house
- Evidence
- Company's own claim
Sources
Source summaries
PZU described AgroLab's satellite-based support for agricultural assessors. It reported around 50% less field-analysis time and around 25% faster compensation payments.
PZU described AgroLab. It listed a 2022 release.
Full details are in the original sources.
