WRMS Global

𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐢𝐧𝐠 𝐭𝐡𝐞 𝐓𝐨𝐩 𝐓𝐞𝐧 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐨𝐫𝐬 𝐚𝐭 𝐭𝐡𝐞 𝐆𝐫𝐨𝐰 𝐀𝐬𝐢𝐚'𝐬 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞 🚀🔥! We’re thrilled to announce the standout innovators selected for the Grow Asia Innovation Challenge: WRMS Global Sagri Co., Ltd 땡스카본(ThanksCarbon) RYNAN Technologies Rize ignitia CarbonFarm Virtual Irrigation Academy Ltd PhyFarm Map My Crop Transitry. These change-makers are tackling the biggest challenges in Southeast Asia’s rice value chain, bringing cutting-edge solutions to boost productivity, sustainability, and resilience for millions of farmers. A massive thank you to our partners, mentors, and sponsors for helping us find these exceptional innovators from across the globe. Together, we’re transforming the rice industry and driving meaningful impact across the region. 🤫 Stay tuned as we announce the Top Three who will join us in Singapore for the finale on 16th October! Supported by the International Fund for Agricultural Development (IFAD) and Korea's Ministry of Agriculture, Food, and Rural Affairs, and in collaboration with Beanstalk AgTech, the Grow Asia Innovation Challenge aims to accelerate the adoption of climate-smart innovations by smallholder farmers across Southeast Asia.

On this Gandhi Jayanti, we honor the teachings of Mahatma Gandhi, a leader who not only preached non-violence and social justice but also deeply understood the value of harmony between humanity and nature. His words remind us of our responsibility to protect and preserve the planet, ensuring that our actions today don't compromise the future of generations to come. In a world facing the growing challenges of climate change, resource depletion, and environmental degradation, Gandhi's timeless message is more relevant than ever. It calls on us to adopt sustainable practices, rethink our consumption habits, and foster a culture of respect for our natural world. Let us reflect on his wisdom and work toward a future where the Earth’s resources are used responsibly and shared equitably. #GandhiJayanti #Sustainability #EnvironmentalStewardship #MahatmaGandhi #MindfulLiving #ProtectThePlanet #SustainableFuture

Last week, Sarathy Srinivas represented WRMS Global as an invited panelist at the ThinkAg Harvest Tomorrow Summit 2024. He outlined how AgInsurTech is reshaping the landscape of agricultural insurance by improving accessibility and efficiency for farmers. Mr. Sarathy Srinivas stressed the need for innovative yet inclusive solutions that address the needs of all, including smallholder farmers. He also stressed the importance of leveraging data and technology to build trust within communities and institutions, ensuring the successful implementation of these solutions. These advancements are essential for addressing the challenges faced by farmers and driving the widespread adoption of insurance products across the agricultural sector. Sarathy Srinivas | ThinkAg | Anuj Kumbhat | Raghav Arora #AgInsurTech #AgricultureInnovation #FarmersFirst #DataDrivenFarming #TechForFarmers #SustainableAgriculture #AgriculturalInsurance #FarmInsurance #InclusiveInnovation #ClimateResilience #SmartFarming #FutureOfAgriculture #TechInAg #AgriTech

In a world of growing uncertainties, businesses face various unpredictable risks—from natural disasters to cyber threats. Risk transfer solutions like parametric insurance and catastrophe bonds offer innovative ways to manage these challenges. But what goes into creating these products? It’s a careful balance of structuring, pricing, and leveraging reliable data to provide real protection when needed. At WRMS Global, we work closely with businesses to simplify the complexity, crafting tailored solutions that help them thrive, no matter the risks. Read the article here: https://bit.ly/4gKNnEE #RiskManagement #Insurance #ActuarialScience #BusinessProtection #DataDriven #ParametricInsurance

The second panel in Fortifying Farmer Finance was Protecting Producers: AgInsurTech solutions to safeguard livelihoods at scale, which was moderated by Priya Kumar. The speakers in this panel were Dr. Kolli N Rao, Sarathy Srinivas, and Dr. Ajay Verma. Perception about insurance products has remained negative among rural India, as they feel that premiums are collected promptly but claims are always an issue. Farmers prefer credit products over insurance, and lenders perceive insurance as an overhead adding to the cost of capital rather than a risk mitigation tool. The panel today collated all the steps involved in changing the perception among all the stake holders: - Designing insurance products that cover 80-90% of the concerns of the farmer - Ensuring appropriate and timely claim processing - Identifying and rejecting wrong claims to keep the cost of insurance in control - Convenient and quick onboarding process - Offering access to all farmers, including tenant farmers. They felt that achieving these goals requires a long list of data- and technology-enabled solutions, along with collaborations with ecosystems to gain farmer trust. Stay tuned for more Summit updates! Rabo Foundation Bram Spann 🌱💡Dheeraj Mutreja Ritu Verma Ram Kaundinya Raman Ahuja Hemendra Mathur Sannidhi Srinivasan Abhijit Goswami Dr. Pallavi Tak State Bank of India #THTS #THTS2024 #ThinkAg #ThinkAgHarvestingTomorrowSummit2024 #foodtech #agritech #futureofagriculture #startupindia #agribusiness #ThinkAgregistration #ThinkAgIndia #AgFoodTechtrends #Agfoodtechinnovations #panelannouncement

Typhoon Yagi left a trail of devastation, impacting infrastructure, agriculture, and countless livelihoods across vulnerable regions. With such storms becoming increasingly unpredictable, there is a growing urgency to understand and address the factors contributing to their intensity. While the causes are complex, many experts are exploring how climate variability might amplify these events and increase their destructive power. In response to these growing threats, it is critical to implement climate-resilient strategies that can help communities prepare for, adapt to, and recover from extreme weather events. These proactive measures ensure quicker recovery and long-term sustainability in an uncertain climate future. #TyphoonYagi #ExtremeWeather #Resilience #ClimateRisk #RiskManagement #SustainableSolutions #Adaptation #ClimateResilience

We're #hiring a new Meteorologist in Gurugram, Haryana. Apply today or share this post with your network.

We're #hiring a Meteorologist in Gurugram, Haryana. Apply today or share this post with your network.

We're #hiring a new Meteorologist in Gurugram, Haryana. Apply today or share this post with your network.

Climate variability poses significant risks to power generation for renewable energy companies, affecting both operational efficiency and financial stability. In an article for Mercom India (formerly Mercom Communications India), Mr. Sarathy Srinivas, Head of International Business, WRMS Global highlights how parametric insurance is transforming risk management in this sector by offering a critical financial safety net during periods of climate disruption. Read the full article below #ParametricInsurance #RenewableEnergy #ClimateRisk #Resilience #SustainableFinance #RiskManagement