This season, Croatia Osiguranje introduced an innovative parametric drought insurance cover for corn, soy, sugar beet and sunflower in Croatia. The product is based on independent soil moisture-satellite data from VanderSat, and will provide sorely needed cover for one of the greatest climate-related risks for agriculture in Croatia. The introduction of this product was a joint effort by Genillard & Co, Croatia Osiguranje, VanderSat and reinsured by Swiss Reinsurance. After the need for this specific type of cover was identified, Genillard & Co supported the development and introduction of the product with advice and advanced analytics of national damage and weather (SPI) data. Furthermore, Genillard & Co successfully led the reinsurance negotiations and placement.