Kathmandu. Rena Rijal, Deputy Chief Executive Officer (DCEO) of United Ajod Insurance Limited, represented Nepal at the Generali-United Nations Development Programme (UNDP) Asia Inclusive Insurance Innovation Forum held in Bangkok, Thailand last week.
In the international forum held on October 12, Rijal participated as a speaker and shared United Ajod Insurance’s experience and latest initiatives on digital livestock insurance system based on Artificial Intelligence.
Speaking at the event, DCEO Rijal said that the contribution of agriculture sector to Nepal’s economy is important and it plays a major role in the livelihood of millions of Nepalis. She said that livestock farmers are still facing various challenges to get access to easy and affordable insurance and get timely claim payment.TAG_OPEN_div_10
During her presentation, she explained the positive changes that can be brought in livestock insurance by using AI technology to recognize the snout of cows and buffaloes in collaboration with Nepal’s technology partner ‘Plantsat’. Rijal said that this technology will help in accurate identification of goods, reduce fake claims, increase transparency and make the process of claim payment faster and more reliable.TAG_OPEN_div_9
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