Tanzania: Pula Scoops 2020 Insurtech of the Year Award for Supporting Smallholder Farmers allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.
THE STANDARD By
Fredrick Obura |
December 19th 2020 at 07:40:00 GMT +0300
Pula, a Kenyan company operating in 12 African countries has won the InsurTech of the year award during the 6th annual African insurance awards event in Lagos, Nigeria on Friday 17.
This comes as a result of the firm’s experience in managing over 4.3 million smallholder farmers through their Area Risk Index and yield insurance product.
Pula carries out Crop Cut Exercise on farms after harvest to determine compensation for farmers. As a result, smallholder farmers have received total compensation of up to 20 million USD.
Pula co-founder Thomas Njeru said the award is a recognition for the company s efforts in Agriculture Insurance and promoting farmers in livestock and crop farming to food security.