PUNE
P646
-
PROGRAMME ON AGRICULTURE INSURANCE
(NON-LIFE)
Background:
Agriculture
production is susceptible to climatic as well as non-climatic fluctuations.
With the increased aberrations and changes in the behaviour of nature, farmers
have been continuously experiencing drought and floods resulting in
considerable crop losses. The traditional methods of risk management adopted by
the farmers are not adequate to cope with this changed scenario. At times, even
the Government finds it difficult to provide adequate financial support to
compensate the loss. Hence the role of insurers in providing Agriculture
Insurance especially crop insurance, has assumed great significance in providing
indemnity to the farmers. The recent past saw the development of techniques
like weather based insurance, satellite imagery in addition to the crop cutting
methods. With the support of Government, crop insurance business has become one
of the largest businesses contributing premium of ₹ 26000
crore during FY 2022-23. Though
the premium is huge, the claim incidences are also big, posing challenges for
insurers to make the portfolio viable.
This
training is designed to help insurance professionals aware about the crop
insurance schemes and implementation mechanism.
Objectives:
To discuss and explore the problems and
prospects of crop insurance in India and other countries. To look into the role
of government in implementing various crop insurance schemes. Understand the
operational challenges of the portfolio and prepare suitable strategies to cope
with the challenges as well as improving the penetration in rural areas.
Contents:
§
Fundamentals of
Agriculture Insurance
§
Salient Features
of PMFBY Scheme & RWBCIS Schemes
§
Revamped
Operational Guidelines of the PMFBY Scheme
§
Crop Cutting
Experiments (CCE’s) & Yield Estimation
§
Implementation of
Crop Insurance Grant Schemes
§
Pricing of Crop
Insurance
§
Role of Technology
including AWS, Satellite Images, Sensors and Drones in U/W and Loss Assessment
§
Claims Settlement
Process including Individual Loss Assessment
§
Role of
Intermediaries in improving the penetration of Crop Insurance
§
Other Agriculture
Insurance Products
§
Reinsurance
Participants’ Profile:
Executives of Insurance Companies dealing with Crop Insurance and allied rural insurance product and Reinsurance, Government Officials dealing in Crop, Banks, NABARD, Micro Finance Organizations, Micro Insurance Institutions, Market Intermediaries, Service Providers, NGOs and Corporates engaged In Agricultural Development / Farmers Welfare
Duration: 5 days
Dates:
I.
01.07.2024 - 05.07.2024
II.
10.02.2025 - 14.02.2025