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AIC receives Geospatial Excellence Award

by AIP Online Bureau | Dec 4, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology | 0 comments

`At AIC of India, our commitment has always been to safeguard the livelihoods of India’s farmers. Today, we are taking this commitment a step further with Tech-Driven Precision Insurance, integrating satellite intelligence, remote sensing, and digital field monitoring into the insurance ecosystem,”said Lavanya R Mundayur, CMD, AIC

New Delhi: Geospatial world,strengthening geospatial ecosystems at business, national, and global level, has recognised state owned Agriculture Insurance Company(AIC) with Geospatial Excellence Award for Agriculture at GeoSmart India 2025 on Thursday.

This award, the 5th one AIC has bagged this year for tech excellence and innovation, is presented to the company for its exemplary leadership in the application of geospatial technologies to tackle India’s agricultural risk management.

By integrating satellite imagery, remote sensing, GIS-based crop monitoring, and geospatial modelling, AIC has improved crop loss assessment, accelerated claim settlements, and enhanced transparency in risk evaluation.

Its data-driven approach empowers millions of farmers with timely support, fostering financial resilience. AIC’s innovations set a national benchmark, advancing farmer welfare and building a more secure, climate-resilient agricultural ecosystem.

`At AIC of India, our commitment has always been to safeguard the livelihoods of India’s farmers. Today, we are taking this commitment a step further with Tech-Driven Precision Insurance, integrating satellite intelligence, remote sensing, and digital field monitoring into the insurance ecosystem,”said Lavanya R Mundayur, CMD, AIC.

By enabling data-backed risk assessment, faster claim verification, and transparent settlement processes, AIC is evolving towards a more accurate and farmer-responsive protection framework — ensuring that support reaches those who need it, when they need it, highlighted Mundayur

“As agriculture moves forward, AIC remains steadfast — advancing with technology, while keeping the farmer at the centre,” commented Mundayur.

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