Kenya Launches Free Insurance Cover for Pastoralists
The Government of Kenya has launched "Kenya Livestock Insurance Program (KLIP)" that will insure 100,000 household against drought by 2019. The program, which is an initiative of the National Government in partnership with local governments and private sector insurance companies, has an objective of reducing the risks of livestock mortality emanating from drought and of building the resilience of vulnerable pastoralists in arid and semi-arid lands (ASALs ) of Kenya through satellite-based index insurance. Under this program, "the State Department of Livestock purchases premiums on behalf of vulnerable pastoralists to cover five tropical livestock units (TLU) per household as a standard measure,” said Richard Kyuma, Program Coordinator.
The program was developed with assistance from the World Bank Group and builds on the experience of similar programs in Mexico, India, and China. The technical assistance provided by the World Bank Group has been led by the Disaster Risk Financing and Insurance Program (DRFIP) and the Global Index Insurance Facility (GIIF). The Index-based livestock insurance, designed to cater for pastoral communities in the arid and semi-arid lands, was developed by International Livestock Research Institute (ILR) which received grant support from GIIF.
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