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Agricultural tech firm pula scoops end of year InsurTech award

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. ....

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Pula wins InsurTech of the year award

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. ....

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