EOI for Parametric Insurance

Parametric insurance companies can use Ilika’s Earth Observation Indices (EOI) to trigger insurance payouts in response to specific, predefined events. This type of insurance provides policyholders with a predetermined payout in the event of a covered loss, such as a natural disaster. By using EOI, parametric insurance companies can provide faster and more accurate payouts …

EOI for Commodity Traders

Commodity traders can use Ilika’s Earth Observation Indices (EOI) to monitor crops and track crop yields, analyze changes in land use and detect natural disasters, monitor water resources and analyze weather patterns. These EOI can provide valuable insights into supply and demand dynamics, allowing traders to make informed decisions about buying and selling commodities. Additionally, …

EOI for Energy Companies

The energy industry is a vast and complex one, with many different types of companies involved in the production, distribution, and consumption of energy. One of the most important aspects of the energy industry is the need to monitor and manage energy resources. This is where Ilika’s Earth Observation Indices (EOI) can be of great …