Hillridge is a technology startup focused on providing innovative weather insurance solutions for farmers. Operating primarily in the agricultural sector, Hillridge aims to help farmers in Australia and beyond manage the financial impacts of climate change. The company connects farmers with insurance underwriters to offer short-term, tailored coverage that addresses the unique needs of each farm. Traditional insurance plans often overestimate risks, leading to high premiums and a cumbersome claims process. Hillridge simplifies this by offering a more efficient, transparent, and faster claims process, ensuring payments are made within days rather than months. The business model revolves around leveraging technology to streamline insurance processes, making it easier and more cost-effective for farmers to protect their crops and livestock from weather-related damage. Hillridge generates revenue through partnerships with insurance providers and by offering its technology platform to underwriters. The company has also received grants, such as a $200,000 award from the NEAR Foundation to develop a blockchain-based parametric typhoon insurance platform.

Keywords: farm insurance, weather risk, climate change, agriculture, technology, blockchain, parametric insurance, tailored coverage, efficient claims, financial protection.