Heifer Nigeria’s Post

We understand that you work very hard on your farms and have great faith in a bumper harvest. However, unpredictable systemic risks can shutter your investments and expectations. Build your resilience with our crop insurance. International Fund for Agricultural Development (IFAD) FAO Mercy Corps Practical Action in Kenya APA Insurance Limited World Food Programme Agro Consortium (U) Limited Farm Africa AGRA Mastercard Foundation #agriculture #insurance #buildingresilience #cropinsurance

Klapton Re is committed to providing comprehensive agricultural insurance solutions across diverse regions and products. We are proud to support the agricultural sector in Zimbabwe by underwriting tobacco production risks through specialized Hail and Fire insurance coverage. Our tailored approach ensures that farmers are protected against critical threats, reinforcing our dedication to securing the future of agriculture. #KlaptonRe #AgricultureRiskManagement"

Timely data collection and yield assessment is essential for timely claims settlement for smallholder farmer under the Inclusive crop insurance scheme (ICIS). To build local capacity, FSD Zambia is facilitating training of Crop Cutting Experiments (CCE) Enumerators from 7 provinces of Zambia. The training is being facilitated by Dr. Simunji Simunji. This initiative is crucial for ensuring timely claims processing and payouts to smallholder farmers insured under the scheme, ultimately contributing to a more efficient agricultural sector. Stay tuned for exciting updates and highlights from our journey! #FSDZambia #CropCuttingExperiments #FinancialInclusion"

🌍 Agricultural Insurance: Securing Global Food Production in a Riskier World 🌾 As global agriculture becomes more commercialized and high-stakes, the risks have skyrocketed. The global agricultural insurance market—valued at $40.49 billion in 2023—is on track to reach $83 billion by 2036, growing at a steady CAGR of 5.7%. 📈 But why is this booming? It’s not just crops anymore. We're talking about insurance for assets, livestock, and entire livelihoods. Farmers face an increasing barrage of natural disasters, pests, and diseases—and they need a financial safety net. Insurance is becoming the go-to tool for managing these risks. 💡 Read More: https://lnkd.in/gc6iCp2Z #FoodSecurity #Agribusiness #RiskManagement

As someone deeply invested in the agriculture insurance sector, I’ve been closely following the latest developments in agriculture insurance policies. The new National Agriculture Policy targets an impressive growth rate of above 4%. While this ambition is commendable, the strategy of privatization and price protection in the post-QR regime presents some concerns. Privatization of agriculture can indeed drive efficiencies and innovation, but we must be cautious about its impact on farmers. There's a real risk that it could lead to reduced bargaining power for small-scale farmers, making them vulnerable to market fluctuations. Additionally, price protection mechanisms need to be robust enough to ensure that farmers are not left at the mercy of market forces. The balance between growth and safeguarding farmer interests is delicate. We need policies that not only promote growth but also ensure that our farmers are protected and empowered. #Agriculture #AgriTech #Farming #SustainableAgriculture #FoodSecurity #AgInsurance #CropInsurance #RiskManagement #InsuranceTech #RuralDevelopment

🌾 Exciting Milestone: Analyzing Agricultural Insurance Participation in Northern Nigeria 🌾 I’m thrilled to share that I recently completed a 10-week Data Analysis Boot Camp, where I honed my skills in Microsoft Excel and Microsoft Power BI. My final project focused on "Analyzing the Participation Level of Poultry Farmers in Agricultural Insurance in Northern Nigeria." This journey has sharpened my skills and deepened my understanding of the agricultural sector. Excited for what’s next! #dataanalysis #powerBi #datavisualization #agriculturalinsurance

Our agriculture insurance shields your crops and livelihood from uncertainties. With tailored coverage and expert guidance, we cultivate confidence in every season. Trust us to grow security for your livelihood, ensuring a harvest of success year after year. #eirs #eirsinsurance #agricultureinsurance #southafrica #cropinsurance #insurancecoverage #insurancecover #farmersinsurance

 Nepal is embracing a transformative change in its insurance sector by converting grants into insurance coverage. This move aims to provide better risk management and financial protection for citizens, especially in the agriculture and livestock sectors. Read the full article here: https://lnkd.in/dPU3UUvy #InsuranceTransformation #RiskManagement #Nepal #FinancialProtection #InsuranceInnovation #SustainableDevelopment #NepalEconomy #ICTFrame #AgricultureInsurance #EconomicGrowth

A Journey of Insight in Tamale: Rethinking Agricultural Insurance During my recent visit to Tamale, I encountered a revealing moment that epitomizes a critical challenge in our agricultural sector. The National Insurance Commission's introduction of the Agriculture Insurance Fund (AIF) sparked an unexpected reaction from farmers' organizations that exposed a deeper systemic issue. Instead of focusing on the fund's potential to transform agricultural sustainability, representatives immediately became embroiled in a petty battle for board representation. Their primary concern seemed to be securing seats that would guarantee meeting attendance and per diem payments. I challenged this shortsighted approach directly. The real priority should be establishing a sustainable financial contribution model. My proposal was straightforward: if every farmer contributes a modest ten Cedis (GHS 10) per acre annually, the fund could become robust and self-sustaining. More importantly, financial contributors should have the most significant say in the fund's operations. My stance is unequivocal: genuine farmers are those who invest in their sector's resilience. Those unwilling to contribute financially should not be considered legitimate stakeholders in this critical agricultural initiative. This approach demands a shift from a dependency mindset to one of collective responsibility and strategic investment. #Leadership #Farming #StopBeggingMindset