ADM Crop Risk Services Achieves Milestone in Plans for Innovative Aerial Drone Technology
April 22 2015 - 10:00AM
Business Wire
Expanding suite of industry-leading
technologies continues to accelerate claims process
ADM Crop Risk Services (ADM CRS) announced today that it has
received regulatory approval from the Federal Aviation
Administration to operate unmanned aerial vehicles (UAVs) to
expedite and improve claims processing, an industry-first addition
to its cutting-edge suite of claims technologies.
“ADM is continuing to deliver on our commitment to create
shareholder value, including by enhancing how we deliver products
and services to our customers,” said Greg Mills, president, ADM
CRS. “For years, ADM CRS has been leading the industry in
developing new technologies to improve customer service and
dramatically reduce the time to complete and pay out claims.
Between apps like AerosExpress™ and a great team of people who are
out there every day working to serve our customers, we are
continuing to set the standard.
“Now, we are setting our sights even higher, with UAV plans and
technology that are significantly ahead of the rest of the
industry,” Mills continued. “Our innovative UAV technology—which
includes not only the vehicles, but the software to integrate them
smoothly into our Aeros™ suite of claims software—allows us to
locate and calculate crop damage and transfer that information into
a claim quickly, accurately and efficiently, so our customers can
get their payments faster than ever before. The FAA exemption means
we are on track to have this technology in the air for our
customers next year.”
ADM’s UAVs will be able to identify and measure:
- Damaged acres
- Corn stand counts
- Wind-blown or green snap acres
- Hail damage
- Prevented planting acreage/acreage
without crop vegetation
The system will use state-of-the art vehicles and programming:
UAVs will be highly automated, able to take off, make measurements
and land by themselves. ADM is developing proprietary software that
enables the vehicles to automatically download measurements and
information as images are taken, allowing data analysis and claims
processing to begin almost immediately.
ADM CRS will continue to develop and test the technology through
the 2015 crop year, with a planned launch of the system for
customers in 2016. The system will be rolled out to customers in
the Midwest first, followed by other regions.
“We are tremendously excited to start showing this
state-of-the-art system to our customers,” Mills added. “We’ll be
offering something no one else in the industry can offer, and the
farmers we serve will be the ones who benefit.”
About ADM CRS
Since 1982, ADM Crop Risk Services has offered crop insurance
through licensed independent agents, providing farmers with
affordable crop income protection, superior service and utmost
integrity.
About ADM
For more than a century, the people of Archer Daniels Midland
Company (NYSE: ADM) have transformed crops into products that serve
the vital needs of a growing world. Today, we’re one of the world’s
largest agricultural processors and food ingredient providers, with
more than 33,000 employees serving customers in more than 140
countries. With a global value chain that includes more than 460
crop procurement locations, 300 ingredient manufacturing
facilities, 40 innovation centers and the world’s premier crop
transportation network, we connect the harvest to the home, making
products for food, animal feed, chemical and energy uses. Learn
more at www.adm.com.
Archer Daniels Midland CompanyMedia
RelationsJackie Anderson, 312-634-8484media@adm.com
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