Kenyan firm feted for growing crop insurance in the region
Monday January 25 2021
By ADONIJAH NDEGE
Summary
The Kenyan company, which operates in 11 other African countries, carried the day for its role managing over 4.3 million smallholder farmers through their Area Risk Index and yield insurance product.
The Nairobi-based company operates “class index insurance products to manage farmer’s risks and enable them to invest more in their farms”.
They work with companies, governments, agricultural companies and lenders among other partners to “to bundle insurance with farm input products or loan credit”.
Agricultural technology insurance firm Pula Friday won the InsurTech of the Year Award during the sixth annual African Insurance Awards at an event held in Lagos, Nigeria.