Revolutionizing Agriculture Insurance: How Layer One AG is Using AI to Transform Farm Risk Assessment
Release Date: 07/22/2025
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info_outlineIn a recent episode of the Iowa Tech podcast, host Micah Walker welcomed Roberta from Layer One Ag, a promising startup in the agricultural insurance space, to discuss their innovative approach to managing crop risk. Recorded from the Jethro's Barbecue Studio, the episode delved into how Layer One Ag is leveraging AI to reimagine risk assessment at the farm and field level, enabling precision underwriting for farms that have traditionally been priced out of the market. Roberta, whose background ties deeply with Brazil's rich history in sugar and ethanol production, shared insights into how her experiences in bioenergy and agriculture informed the development of Layer One Ag’s risk assessment methodologies. She emphasized the limitations of traditional risk assessments that focus heavily on historical yield data, which can often miss the nuances of farm resilience to pests, disease, and climate shocks.
Layer One Ag is navigating the complex landscape of agricultural insurance by using a wealth of agricultural data, including inputs from IoT devices and satellite data, to create a new dimension of risk evaluation. Their platform, L1A Risk, provides predictive risk scoring akin to a FICO score for farms, assessing risk across multiple dimensions such as crop practices, location-based vulnerabilities, and resilience strategies. This approach allows for the creation of more tailored crop insurance products that better serve the needs of diverse agricultural operations, beyond the conventional row crop insurance. The podcast also highlighted the strategic advantages of building such a company in Iowa, a hub for insurance and ag-tech innovation, which has provided Layer One Ag with invaluable connections and resources. As Layer One Ag looks to expand its reach, the company is also eyeing the Brazilian market, where regulatory landscapes and data availability present both challenges and opportunities for growth.
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