ACRE Africa Weather Index Covers

Syngenta Foundation

ACRE Africa Weather Index Covers is a weather based index insurance program for smallholder farmers using mobile technologies.

Product description Brand name and product description

ACRE Africa Weather Index Covers is the the largest agricultural insurance program in Africa and the first agricultural insurance program worldwide to reach smallholders using mobile technologies. It pays out benefits on the basis of a predetermined index (e.g. rainfall level) or loss of assets and investments resulting from weather and catastrophic events, without requiring the traditional services of insurance claims assessors.

Target region(s) Target region for distribution/implementation (listed by country if specified)

Kenya, Rwanda and Tanzania

Distributors/implementing organizations Organization(s) distributing/deploying this product directly to communities/individuals?"

The initial project Kilimo Salama was funded by Syngenta Foundation, and later evolved to a for profit company ACRE (Agriculture and Climate Risk Enterprise Ltd.).

Market suggested retail price Price per unit or service price per usage/terms (USD). Subsidies noted.

Tailored insurance coverage price is available upon request

Competitive landscape Similar products available on the market. May not be a comprehensive listing.

PlaNet Guarantee in West Africa, IBLI specifically for livestock in Kenya and Ethiopia, R4 Rural Resilience Initiative in Ethiopia, Senegal, Malawi, Zambia and Kenya

SDG targeted United Nations Sustainable Development Goals (SDGs) targeted with this product/application/service

Goal 2: Zero hunger

Target user(s) Target user/consumer base (country, income segment)

Smallholder farmers, agriculture loan providers

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