Through collaboration among the International Livestock Research Institute (ILRI), Cornell University, donor agencies such as the United States Agency for International Development (USAID), insurance companies, local radio stations, and pastoralists themselves, a new insurance system is being tested in Ethiopia Continue reading
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
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
In March 2014, policyholders in 4 out of 6 divisions of Isiolo received payouts of approximately Kenya shillings 404,240. The bulk of the payout went to 10% trigger contract policyholders in Oldonyiro division. In Marsabit, policyholders received payouts amounting to Kenya shillings 65,940 in North Horr and Loiyangalani. The majority of payouts went to those … Continue reading
On 25 March 2014, one hundred and one pastoralists in Wajir town received compensation from their ‘sharia–compliant’ IBLI policy. The ceremony, which was hosted by Takaful Insurance of Africa and MercyCorps, received considerable media attention across a range of outlets, both national and international including the (BBC, Al-Jazeera, and The Economist to name a few). … Continue reading
A one day workshop was held at the ILRI Addis Ababa campus on 12th July 2010 aiming to introduce potential partners and key stakeholders to the concept of index-based livestock insurance (IBLI), outlining the key relevant issues from the Marsabit pilot, and discuss our interest in developing a similar kind of product for Southern Ethiopia. … Continue reading
Index-Based Livestock Insurance 