The Problem
Sabanto, a manufacturer of cameras and sensors that transform manned commercial tractors into autonomous ones, faced a number of contractual requirements from government regulators and agriculture companies because of its innovative hardware. Specifically, it lacked the necessary business insurance policies to install its technology on commercial tractors when it contacted Koop in 2023.
The Solution
Koop helped Sabanto acquire essential business insurance policies including technology errors & omissions, general liability, inland marine, and excess to support its hardware adoption. Building on its success managing contractual requirements, the company has elected to expand its coverage twice since becoming a customer to accommodate new fleets of autonomous tractors.
Looking Forward
With the right suite of insurance coverage to cover its autonomous tractors, Sabanto can confidently market and distribute its technology to small and large-scale farmers alike, helping them prioritize more important and less mundane tasks.
Why Koop
Koop’s experience underwriting all types of autonomous vehicles makes it an ideal partner to support Sabanto’s cutting-edge autonomous tractor technology.
