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 investigate 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
I.
14.07.2025
- 18.07.2025
II.
02.02.2026
- 06.02.2026