Agritask

Agritask offers a versatile software solution for food and beverage companies and insurers, enhancing supply chain visibility and decision making for building resilient, sustainable systems. It bridges the gap between companies and smallholder farmers in low income markets by facilitating regenerative agriculture and sustainable sourcing through scalable agronomic guidance and precision agriculture tool integration. Agritask also supports sustainability programs and certifications, potentially leading to premium pricing for farmers. For agricultural insurers, the platform employs geospatial risk analysis to improve underwriting, monitoring, claims management, and damage assessment, addressing the challenges in emerging markets caused by data gaps and costly monitoring. It enables detailed risk profiling and efficient remote monitoring, simplifying claims management.

Although smallholder farmers are not the direct clients of Agritask, the products that meet the needs of the food and beverage companies are designed around farmers. Farmers benefit through increased agricultural productivity and optimisation of resource use, improved small farm profitability and financial resilience, increased product traceability, increased access to contract farming and improved contract arrangements through certification programmes. For Agritask’s insurance platform, farmers can access insurance products, which can reduce farmer risk aversion and encourage them to invest in new practices and technologies on their farms, driving yield improvements season on season. Plus, when disaster strikes, an insurance payout can help prevent farmers adopting negative coping strategies, such as reducing food intake and removing children from schools.