REVOLUTION IN AGRICULTURAL INSURANCE: THE INTEGRATION OF AI AND BLOCKCHAIN FOR A MORE EFFICIENT AND RESILIENT SECTOR

Resumo

The integration of advanced technologies such as artificial intelligence (AI) and blockchain is transforming the agricultural insurance sector, providing more precise, accessible, and efficient solutions for producers. AI, with its ability to analyze large volumes of data, enables the customization of insurance policies, adjusting them in real time according to climatic and cultivation conditions. This provides a faster response to changes, offering greater security for farmers. Additionally, the implementation of blockchain-based smart contracts facilitates automated claims settlement, reducing costs and increasing the transparency of the process, which is crucial for farmers' trust in the insurance system. These innovations help producers manage financial and operational risks more efficiently, contributing to the sustainability and resilience of agricultural practices in the face of climate change and extreme weather events. Recent studies show that the adoption of AI and blockchain improves loss prediction, insurance pricing, and farmers' adaptation to climate challenges, significantly reducing uncertainty and increasing trust in the system. With the continued advancement of these technologies, the agricultural insurance sector is expected to become more efficient and play a critical role in the continuity and growth of global agricultural production in an increasingly unpredictable environment. Therefore, the future of agricultural insurance is closely tied to technological innovation, enabling producers to face risks more intelligently and effectively.