Pula, a pan-africana leading agricultural technology company operating in Kenya, Nigeria and Zambia that develops and provides crops and livestock insurance last Friday scooped the continent’s InsurTech company of the year award during the 6th annual African Insurance Awards held in Lagos, Nigeria.
The Insurtech award which targets non-insurers collaborating with insurers to improve customer service delivery, product development and innovation was organised by the African Reinsurance Corporation (Africa Re).
The company was recognised for successfully managing over 4.3 million smallholder farmers through their Area Yield Index Insurance product. It provides insurance services and digital solutions to farmers in 12 countries in Africa, with Nigeria being the leading market for Pula.
African leading Agricultural technology insurance company popularly known as Pula has won the Insurtech of the year award during the 6th Annual African Insurance awards that recently took place in Lagos, Nigeria.
Pula Co-founders
A smallholder farmer in his field
Pula develops and deploys crops and livestock insurance to smallholder farmers and the award is the recognition of how the company has managed over 4.3 Million smallholder farmers through their area risk index and yield insurance product.
The company also packages digital services that include providing SMS agronomy tips during planting season and it has also implemented the crop cut experiment as claim assessment methodology. This assessment relies heavily on grounds crop cuts and it’s fed on mobile apps which relay instant feedback.
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.
Daily Monitor
Monday December 21 2020
Summary
On top of the area yield insurance, Pula bundles digital services for the insured farmers eg sms agronomical tips during the planting season.
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Pula, a Kenyan leading agricultural technology company that develops and provides crops and livestock insurance last Friday scooped the continent’s InsurTech company of the year award during the 6th annual African Insurance Awards held in Lagos, Nigeria.
The award which targets non-insurers collaborating with insurers to improve customer service delivery, product development and innovation was organized by the Agrican Reinsurance Corporation (Africa Re).
The company was recognized for successfully managing over 4.3 million smallholder farmers through their Area Risk Index and yield insurance product. It provides insurance services and digital solutions to farmers in Africa.
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.