PulseExploreJournal ClubDebatesTrendingResearchersJournals
Instagram
HomeExploreJournal ClubTrending
Synapse
⌘+K
Synapse
February 12, 2026Agricultural Finance Review2 citations

Innovations in the agricultural insurance market: a systematic literature review

View Full Paper
LCLucas Teixeira Costa.AFAlice Munz FernandesUniversidade Federal de RondôniaOTOdilene de Souza TeixeiraUniversidade Federal de Rondônia

Key Points

  • This research aims to evaluate innovations and new technologies in agricultural insurance for effective risk management.
  • Conducted a systematic literature review in Scopus and Web of Science
  • Selected 28 articles based on specific criteria
  • Developed a co-citation network using VOSviewer software
  • Identified clusters related to innovation themes in agricultural insurance
  • Identified major clusters including pricing, risk analysis, and climate change
  • Found that Asia leads in studies on innovation in agricultural insurance
  • Highlighted benefits such as minimized costs and improved access for farmers

Abstract

Purpose Agricultural insurance is an important risk management tool, essential for maintaining agricultural activities and reducing losses caused by adverse situations. Innovation, in turn, is crucial for the maintenance and development of various sectors. This research aimed to analyze the innovation and use of new technologies applied to the agricultural insurance sector. Design/methodology/approach The systematic literature review was carried out in the Scopus and Web of Science databases, which yielded 28 articles that met the selection criteria. A co-citation network was developed using the VOSviewer Software, allowing the formation of clusters grouping studies whose implications of innovation or use of new technology converged to the same theme. Findings Clusters referred to pricing and risk analysis, resilience and risk transfer, adverse selection and climate change, cost reduction and transparency in contracts and introduction and/or distribution of agricultural insurance. The results show that Asian countries stand out in the number of studies related to innovation in agricultural insurance. We also verified that the research analyzed contemplates that innovations and new technologies benefit those involved in the agricultural insurance system, including improvements in pricing, risk analysis and distribution. Thus, costs are minimized, and farmers have greater access to this risk management tool. Originality/value The analysis of technological Innovations in the context of agricultural insurance emerges as a fundamental principle for decision-making by rural managers, agricultural insurance companies and federal government bodies intending to develop public policies ensuring the maintenance of agricultural activities. Therefore, it is an emerging topic for investigation and practical adoption.

Ask AI
Helpful
Bookmark
Share
View Full Paper

Cite This Study

Costa. et al. (2026) studied this question.

synapsesocial.com/papers/698d6e5a5be6419ac0d54083https://doi.org/10.1108/afr-09-2024-0149
Ask AI
Helpful
Bookmark
Share
View Full Paper