Aquaconnect is a technology venture that promotes sustainability through data-driven farm advisory and marketplace solutions for Aqua Farmers. Its AI-powered mobile application transforms real-time data collected from the farms into impactful insights. They provide end-to-end services like farm management assistance, on-ground support, formal finance, access to market leveraging players on the value chain. Aquaconnect was awarded under the Premiums & Claims category in the GIIF Agriculture Insurtech Challenge 2019. Watch the interview video here.

Agriculture is a source of employment for nearly 50% of adult population in Bangladesh contributing to 13% of GDP in 2019. The country is highly exposed to climate change risks: cyclones, floods, droughts and saltwater inundation due to tidal surges. Notably, the 2007 Cyclone Sidr caused $18 million loss in livestock and over $415 million in crop production . Farmers in Tangail suffered millions of losses from Gopalganj flood this year. According to a WBG study , high water stress due to rising temperatures will affect the yield of Aman and Boro rice, the country’s two major staple crops, with

MoooFarm is an award-winning start-up building a connected commerce platform to lift India’s 100 million dairy farmers out of poverty and ensure nutritious milk for over a billion people. Through its mobile application farmers can connect with qualified veterinarians, buy & sell cattle, order farm inputs, access financial services, manage their farm & cattle and engage with subject matter experts to make dairy profitable. MoooFarm was awarded under the Data & Analytics category in the GIIF Agriculture Insurtech Challenge 2019. Watch the interivew video here.

GIIF organized an agriculture Insuretech innovation challenge/competition as a part of an Insuretech fair, hosted in Mumbai, India in July 2019. Through this innovation fair, the GIIF aims at improving the understanding of Insuretech, supporting the integration of different technology solutions with agriculture insurance, and applying innovation with actual programs on the ground. The Awards recognized some of South and South-East Asia and Pacific's most promising entrepreneurs who are using technology to address challenges in providing agricultural insurance to farmers. The awards were given

The African Federation of Insurance Companies (La Fédération des Sociétés d'Assurances de Droit National Africaines - FANAF) held its 44th Annual General Assembly in Libreville, Gabon, between February 17-20, 2020. This year’s high-level event provided a platform to approx. 1100 participants from (re) insurance companies, regulators, brokers, financial institutions to discuss the development of the sector in the continent in general, and their main challenges in operations, in particular. The event is also recognized internationally and praised for its technical panels on innovation

The Global Index Insurance Facility conducted video interviews with donors, guest speakers, and participants at the GIIF Agriculture Insuretech Forum 2019 in Mumbai, India. All videos are listed here .

July 9, 2019; Mumbai (INDIA): The Global Index Insurance Facility (GIIF) and Sankalp Forum by Intellecap, announced the winners of Agriculture Insuretech Innovation Challenge at the Agri Insuretech Forum that took place at the Taj Mahal Hotel in Mumbai. GIIF invited participants from leading insurance companies, government officials from the Ministry of Agriculture, impact investors, and innovators incubators from the agriculture, technology, and insurance sectors. The platform held key panel discussions on bringing together the Agri-insuretech ecosystem stakeholders such as innovators

On Aug 2, 2019, GIIF signed 270 million CFA of grant agreements with two Cameroonian insurance companies, ACTIVA Assurance and AXA Cameroon, to help tens of thousands of Cameroonian farmers and pastoralists, especially in the cotton, maize, sorghum and livestock sectors, acquire affordable insurance coverage. To watch the full original report by CRTV, please go to: https://youtu.be/NAbv2I-53fs To read more about this GIIF project, go to: https://lnkd.in/eB_Utn6 Yaoundé vendredi 2 août 2019, en présence de quatre (4) Ministres, pour le lancement de l’assurance agricole indicielle au Cameroun

GIIF Specialist Vijayasekar Kalavakonda explains commons challenges faced in the agriculture insurance value chain and how technology can tackle those problems.

In an RTI1 (Radiodiffusion-Télévision Ivoirienne)'s featurette, AXA Côte d’Ivoire, a GIIF partner, presents its index insurance project and how index insurance can make a difference for smallholder farmers. Watch Now (starting at the 12:32)