Since 2011, ILRI and its partners in the public, private and non-profit sectors have pursued a comprehensive research agenda aimed at designing, developing and implementing market mediated index-based insurance to protect livestock keepers from drought related asset losses, particularly those in the drought prone Arid and Semi-Arid Lands (ASALs).
We have partnered with Oromia Insurance in Borana, APA insurance in Marasabit and Isiolo, and Takaful Insurance in Wajir. In Isiolo, World Vision International will be responsible (with our technical and capacity backstopping) for supporting APA Insurance with extension, marketing and delivery of sales.
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
Originally posted on ILRI news:
A boy and a woman struggle with the dusty wind looking for water in Wajir, Kenya (photo on Flickr by Jervis Sundays, Kenya Red Cross Society). Today, for the first time in Africa, an insurance policy that combines an Islamic-compliant financial instrument with innovative use of satellite imagery is compensating…
A recent workshop sought solutions to index insurance challenges. If the rains fail, a farmer can lose everything. With even the chance of a bad year, investing in new crop varieties and technologies might be too risky. Year after year, she’s caught in the trap of low production. Weather index-based insurance emerged at the beginning … Continue reading
The IBLI project announces a call for proposals for Graphic design and development of creative materials that will be used for disseminating information on IBLI. The graphic designer will be expected to develop materials such as videos, pictorials, cartoons, songs, skits, etc. to help explain the IBLI product to partners and the target consumer – … Continue reading
The work of the IBLI project is showcased in several news items: AlJazeera Inter Press Service Continue reading
The IBLI project announces a call for proposals to help build a web-based interface with simulation capacity that will enable the automation of index-generating procedures; the automation of information dissemination across a range of output and format types; a facility for querying the system on historical index trends and other project-relevant data across program locations; … Continue reading
IBLI was highlighted in the July/August issue of Frontlines, for the second time, as one of the 20 projects USAID counts among its most successful. The FrontLines is by USAID and features articles about USAID; international development and humanitarian assistance efforts around the world; and the people who are dedicated to these efforts. It is … Continue reading
27th July 2013 saw the successful launch of IBLI in Isiolo. APA Insurance, World Vision Kenya and the International Livestock Research Institute (ILRI) have come together in a dedicated effort aimed at mitigating the effects of drought experienced by pastoralist communities in Isiolo as the two introduce an index-based insurance product using satellite-based data on … Continue reading
The pdf below provides a color coded map of the predicted mortality index in all 5 Marsabit divisions for October 2012 – February 2013 (Short Rain Short Dry, SRSD) insurance coverage period based on the data up to 5th March 2013, and also posts the index status at the previous 6 payment periods. IBLI Index … Continue reading
Index-Based Livestock Insurance 