This case study explains how IBLI used satellite data to insure camels, cows, sheep and goats to develop the world’s
first insurance for African pastoralists. Continue reading
As the world of finance continues to evolve the need for insurance also is growing both in Ethiopia and around the world. However rural communities and especially pastoralist communities tended until recently to have been denied access to insurance among other reasons being their remoteness and lack of specialized insurance scheme for their community. But that’s about to change as Oromia Insurance Company Share Company (OIC) one of the newest entrants to the industry has embarked on covering this often neglected community starting with the Borena pastoralist community Continue reading
Oromia Insurance Company has introduced a new service using satellite data to insure pastoralists in Southern Ethiopia by using Index Based Livestock Insurance (IBLI). Continue reading
Private insurance against drought, common elsewhere in the world, has been successfully piloted in northern Kenya since 2010, as well as in parts of southern Ethiopia. Continue reading
About 80% of Kenya’s land is arid or semi-arid lands (ASAL) with the main livelihoods being pastoral, agro-pastoral and subsistence agriculture. Farmers and herders in these areas, among the poorest in the country, suffer from a weak natural resource base in addition to weak institutions and infrastructure. In such cases droughts act as a covariate shock … Continue reading
By Fabian Mangera WAJIR (Xinhua) Some 101 Muslim pastoralists on Tuesday received 5,800 U.S. dollar compensation for drought- induced losses suffered in Wajir County of northern Kenya. The pastoralists’ herds of sheep, goat, cattle and camels were insured in August 2013 by Takaful Insurance of Africa (TIA) with an Index-Based Livestock Insurance (IBLI) product, branded … Continue reading
IBLI Borena Household Survey Data is publicly available. For more details, visit ILRI Datasets Portal: link to round 1 data link to round 2 data Continue reading
Claims Settlement Award General Insurance Award Entry Continue reading
TAKAFUL Insurance of Africa Monthly Bulletin – Issue 18- July 2014 As part of the activities to roll out the IBLT Cover in Isiolo County in the September–AugustSales Window, IBLT Agents were trained on the product to ease their interaction and sales within the community….read more Continue reading
By Gordon Conway, Stephanie Brittain 06 August 2014 The index based livestock insurance developed by the International Livestock Research Institute has shown promise in helping smallholder farmers insure against the risk of investing in areas of regular drought….read more Continue reading
Index-Based Livestock Insurance 