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Google Started A Farm Insurance

Published on Saturday, March 05, 2011 // , ,

Reuters: Google started a Farm Insurance Top NewsRilis PersTentang KamiKetentuan PenggunaanForumRSSTwitter TengahAfrikaEkonomiMakroMoneterBisnisBursaEdukasi BisnisInfo PerbankanMarket newsNasionalUmumPolkamHukumPendidikanKesehatanNakerUnikInternasionalAsiaoseaniaAmerikaEropaTimur between FocusOlahragaSepakbolaTenisBulutangkisBasketTinjuBalapUmumHiburanSinemaMusikSelebritiSeni BudayaGaya HidupTeknologiSainsKomputerGadgetInternetWarta BumiPemanasan GlobalFlora FaunaPencemaranArtikelKomentarOpiniBukuAntara KitaVisiFotoVideoEnglish Google Penetrated Insurance Farm Tuesday, March 1, 2011 10: 49 PM | 1698 Views Google (Special) project will be influential on world Related BlackBerry Can run the pertanianBerita Application AndroidIndonesia target a Leading Youth International climate change the Delete Contact Facebook Gingerbread?The recipient of the conversion of the Gas in the Kerinci DiasuransikanForum International Youth for climate change BerakhirVideoPeluang Export HortikulturaAtasi flood of ROB at JakartaPMI Thanks Help Garuda Jakarta (Reuters)-Google became one of the investors who immerse Fund 42 million dollars for the development of a new technology that teriilhami by global climate change.

New technology was reportedly able to calculate the chances of the extent to which the seeds-the seeds of plants can be tampered with the weather.

WeatherBill launched a Total Weather Insurance in 2010 as one way to protect farmers from weather is constantly changing.

Last year, the U.s. Department of agriculture are blamed as the cause of the destruction of weather 90 percent crop farmers in that country.

"The uncertain weather changes from year to year is the biggest challenge faced by the farmers," said Steve Wolters, farmers in corn, soybeans and wheat in Ohio, the AFP was quoted as saying.

"Therefore it makes sense for me to take advantage of the insurance program that can forecast weather WeatherBill weather conditions that affect the land and when it does happen they will pay me," said Wolter.

WeatherBill collect weather data on an ongoing basis and practice of simulation data in his or her computer.

The system of independent it gives farmers the opportunity to manage their insurance policy in accordance with the frequency of rain or seasonal temperature they need to manage their fields.

Premium paid out when the weather did not reach the prescribed standard.

Google Ventures with Khosla Ventures, First Round Capital, Index Ventures and Allen & Company participated in programs that invest is worth investing a total of 60 million dollars.

"WeatherBill was one of very few companies that has the leadership and vision to apply new technology to face the problems of classics such as the impact of weather on agriculture," shot Vinod Khosla, founder of Khosla Ventures.

"Now the WeatherBill was able to help farmers around the world to deal with the increasingly extreme weather change brought on by climate change," said Vinod asserted.

WeatherBill was planning on using that money to hire the engineers from San Francisco and to expand its services in the world. WeatherBill now has 30 employees.

"This company is a technology company which struggled in the field of insurance. The project will take effect on the world of agriculture, "said Bill Maris from Google Ventures.

"Help farmers protect their financial future and protect the global food availability is our concern," he explained.

According to Maris, Google Ventures, a subsidiary of Google which moves in the field of investment, feel very fit WeatherBill because its founder, David Friedberg and Siraj Wednesday Khalid is a former Google people.

Meanwhile, according to Friedeberg, agricultural market value reached more than three trillion dollars per year.

"Extreme weather today is very risky. The proof that hit China drought and Russia recently as well as catastrophic flooding in Australia have destroyed the global availability of commodities, "said Freideberg.

He asserted, WeatherBill is the first company to provide a simple and effective solution to reduce the risk of weather against farmers, both in developing countries as well as in advanced technology.

In the u.s., insurance WeatherBill to farmers helped by Government subsidies. WeatherBill also sells holiday insurance to travelers who want to avoid the unfriendly weather disturbances. (*)

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Editor: Jafar M Fingerprint
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