Global

PPPs in the Distribution of Agricultural Insurance Discussed at 14th International Microinsurance Conference

Published on:

Tuesday, November 27, 2018

World Bank Group's Financial Sector Specialist Sharon Onyango (far left) moderated a session at the 14 th International Microinsurance Conference on November 7 in Lusaka. The panel session “ PPPs in the distribution of agricultural insurance” included discussants from both the public and private sectors, and dove into lessons learned from various PPPs from around the world and high-level considerations for setting up successful partnerships. The panelists were: Hailemelekot Teklegiorgis, Manager-in-charge - Financial Services, Ethiopian Agriculture Transformation Agency Humphrey Mulele

Syngenta Foundation for Sustainable Agriculture International Conference

Sep

Topics:

General

How would you describe the international landscape of initiatives to help smallholders manage their risks? How is the emerging market structured and who are the innovators? What have they learned so far, current constraints and future opportunities? What insurance, financing, and other risk mitigation products and services are already available? Which gaps need to be filled, and how? These and related questions are the subjects of a global study by the Initiative for Smallholder Finance (ISF). Commissioned by the Syngenta Foundation, the study began in March. Its results will form a

FoodSECuRE – Food Security Climate Resilience Facility

Date:

July/2018

The core objective of the project is to financially and programmatically support community-centered early action to reinforce and build climate resilience.

Remote Sensing for Index Insurance: An Overview of Findings and Lessons Learned for Smallholder Agriculture

Content owner:

IFAD - International Fund for Agricultural Development

Author:

Coleman, E., Dick, W., Gilliams, S., Piccard, I., Rispoli, F., & Stoppa, A.

Index insurance is a type of agricultural insurance that can serve smallholder agricultural development and risk management by protecting assets and encouraging productive investments. Limited availability, accessibility, quantity and poor quality of data on the ground are some of the primary technical constraints preventing scale-up and sustainability of index insurance. Data were the focus of the project “Improving Agricultural Risk Management in Sub-Saharan Africa: Remote Sensing for Index Insurance”. This publication outlines the project, which investigated overcoming issues with ground

Remote Sensing for Index Insurance: Findings and Lessons Learned for Smallholder Agriculture

Content owner:

International Fund of Agricultural Development (IFAD)

Author:

Coleman, E., Dick, W., Gilliams, S., Piccard, I., Rispoli, F., & Stoppa, A

Limited availability, accessibility, quantity and poor quality of data on the ground are some of the primary technical constraints preventing scale-up and sustainability of index insurance. Data were the focus of the project “Improving Agricultural Risk Management in Sub-Saharan Africa: Remote Sensing for Index Insurance”. This publication details the project, which investigated overcoming issues with ground data by testing innovative remote sensing methodologies. It describes the different remote sensing options and opportunities available for index insurance, but it also recommends further

Jun

Roles of private sector partners in reaching the last mile in delivering agriculture insurance to the vulnerable

Pavis Devahasadin

International experts and practitioners in climate and disaster assessment, risk management, and risk communication gathered on May 14-18, 2018 in Mexico City at the 2018 Understanding Risk Forum. Organized by the World Bank’s Global Facility for Disaster Reduction and Recovery (GFDRR) every two years, the event provides organizations and individuals with the opportunity to exchange knowledge, highlight new activities and initiatives, establish new partnerships, and foster innovation in the field. As part of this year’s program, the Disaster Risk Financing and Insurance Program ( DRFIP ) and

Index Insurance 101

Content owner:

https://www.youtube.com/watch

Topics:

General

Index insurance is an innovative approach to insurance provision that pays out benefits based on a pre-determined index or loss of assets and investments resulting from weather and catastrophic events, without requiring the traditional services of insurance claims assessors. It also allows for the claims settlement process to be quicker and more objective.

Interviews from the Global Index Insurance Conference 2017

Content owner:

https://www.youtube.com/playlist

The Global Index Insurance Facility conducted video interviews with donors, guest speakers, and participants at the Global Index Insurance Conference 2017 in Dakar. All 23 videos are listed here.

Unlocking Smallholder Credit: Does Credit-Linked Agricultural Insurance Work?

Content owner:

Global Index Insurance Facility | Impact Insurance Facility

Author:

Peter Hazell, Richard Meyer, and Panos Varangis

Topics:

Product design

GIIF and ILO's Impact Insurance Facility jointly published a paper entitled "Unlocking Smallholder Credit: Does Credit-Linked Agricultural Insurance Work?" Authored by Independent Researchers Richard Meyer and Peter Hazell and World Bank Group's Panos Varangis, this paper reviews possibilities for, and experience with, credit-linked crop insurance, including different types of insurance and credit arrangements, ranging from insurance sold to individual farmers to meso insurance sold to financial service providers (FSPs) to cover losses suffered by farmer borrowers.