Tridge summary
Brazil needs to stop viewing rural insurance as a secondary expense and treat it as a strategic risk management tool. As Daniel Miquelutti, Head of New Markets and co-founder of Picsel, recalls, countries that have modernized their agricultural protection systems have turned insurance into an essential public policy. In this context, the United States insures 89% of the planted area of its main crops, while in Brazil, only 6.26 million hectares were covered in 2023, less than 3% of the national agricultural area according to MAPA, CNseg, and Susep.
Original content
This lag leaves producers exposed to increasingly frequent losses, increases the cost of disasters for the State, and reduces the resilience of the sector. The problem is not solved just with more subsidies, but with modernization: data, indexed models, telemetry, satellites, and predictive analytics make insurance more accurate, fast, and accessible. Experiences from countries like China and Spain, cited by the OECD, show that technology combined with public incentives increases adoption and reduces costs. "The country needs to abandon the model that treats risk as a contingency and modernize the system to transform insurance into a tool for management, sustainability, and productivity. If we want to guarantee food security, stable rural income, and Brazil's position on the global agribusiness map, it is time to invest in ...
Source: Agrolink
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