ILO's Impact Insurance Facility

Risk Diversification and Up-Scaling Potential - Sri Lanka
The development of sustainable insurance solutions requires a thorough risk assessment, modeling and layering. Agricultural and climate risks are mainly of a systemic nature, i.e. they affect a large geographic area or large parts of the population simultaneously. If the insured risk is not adequately spread, one catastrophic event can threaten the viability of the whole scheme. To lower covariate risks, the portfolio thus needs to be diversified in terms of crops, type of risks, and different geographical regions.
VidaAgrícola
The core objective of the project is to provide a comprehensive risk management solution covering life, property, productive assets and agricultural crops to farmers.
Using Satellites to Make Index Insurance Scalable
The core objective of the project is to understand where the index-based insurance is functioning well and where it must be improved to provide outputs potentially valuable for index insurance mechanisms, applications, and reliable scalability.
REDSOL – Red Solidaria  de Microseguro
The core objective of the project is to develop a microinsurance network (RedSol) that deals with the delivery of the product, organizational training, marketing, IT solutions, communication, education for consumers and operators, and applied research.
Piloting Index Based Livestock Insurance in Marsabit
The core objective of the project is to protect households from the economic shocks of livestock mortality due to drought.
PepsiCo Contract Farming
The core objective of the project is to provide farmers with a variant of seeds for contract farming that helps farmers have access to market but also in the technological application, farm credit and insurance for their crops.
Index-based Crop Insurance Project
The core objective of the project is to minimize Sri Lankan farmers’ risk of an income loss due to unfavorable weather conditions.
Evolving Climatic Adaptation Through Crop Insurance
The core objective of the project is to develop various mutual crop insurance products small-scale farmers who do not have access to insurance mechanisms for adapting to climate change-related issues.