myUbuntu’s Post

📰 📢 The ISF signed a grant agreement to extend its support to #Uganda to respond to natural disaster events. This collaboration builds on the successful development and implementation of a climate index-based insurance solution. This initiative is being implemented in partnership with Agro Consortium (U) Limited, a coalition of insurance companies providing agriculture insurance under the Uganda Agriculture Insurance Scheme. The project aims to ensure the continued accessibility of the insurance product, especially for low-income farmers in high-risk areas who are unable to afford unsubsidised rates. For more information on the project, please visit https://lnkd.in/gynzgwbJ #ClimateChange #ClimateAction #ClimateResilience #ClimateRiskInsurance #DisasterRiskFinance

Happy Friday! We hope you had a blessed and productive week. What are your plans for the weekend? Perhaps you are visiting your farm, how about you insure those crops against this unpredictable weather? Contact us for more details. Like, comment, repost and share. #agriculture #farmers #cropinsurance #farmersinsurance #insurance #microinsurance

As agriculture practicioner, I have personal experience on how natural disaster occuring in one season impacts income and farming capacity for a number of years in a row. I have seen farmers and communities pushed back to zero and disperate. Parametric insurance is, indeed, an opportunity to be scaled up and distributed by insurance indudtry benefiting farmers, businesses and communities! This will offer Africa an opportunity to protect the most important activity of the majority of subsahan countries. I am honored to witness this development! The below link by Agrican Risk Capacity Limited portraits an example of parametric insurance contributing for disaster/climate change resilience. https://lnkd.in/dChmNS9x #ARCLTD#CLIMATERESILIENCE#DISASTERMANAGEMENT

Developing Effective Agriculture Insurance Products: ✅Contextualized Products: Insurance products must be tailored to the specific needs of smallholder farmers, taking into account local conditions, crops and livestock. ✅Affordable Premiums: Premiums must be affordable and flexible, allowing farmers to pay in installments or through alternative payment methods. ✅Inclusive Coverage: Insurance products must cover a wide range of crops and livestock, including those most vulnerable to climate change and other risks. ✅Technology Integration: Digital platforms, mobile app and satellite imaging can enhance the efficiency and accuracy of insurance claims processing, reducing costs and improving coverage. ✅Capacity Building: Training and capacity-building programs can educate farmers, insurance providers and government officials about the benefits and implementation of agriculture insurance. #farming #climatechange #SDGs #Riskmanagement #Disasterrisk #Risktransfer #Insurance Cell Insurance Company CellMed Health Medical Fund Insurance & Pensions Commission ZIM Insurance Institute of Zimbabwe Insurance Council of Zimbabwe Cell Insurance Company CellMed Health Medical Fund #emergingmarkets Agriculture for Africa IFC - International Finance Corporation

🌡️ 🇺🇿 Drought significantly impacts Uzbekistan’s agriculture, water resources, and food security. Vulnerability to extended periods of water scarcity risk reduced crop yields, soil degradation and decreased water availability for irrigation, affecting the livelihoods of rural communities and the national economy 📉 Wheat rust and pests such as locusts are placing additional stress on the country's agriculture sector 🦗 Through the Tripartite Agreement* UNDP, together with industry partners Swiss Re and Europa Re Ltd., are working with the Government of Uzbekistan to design and structure an agricultural insurance scheme anchored within broader governance and development in Uzbekistan  🛟 This includes the development of a disaster risk finance strategy and supporting the government with the integration of insurance and risk finance within national climate policy and development planning frameworks 🧮 The project focus is on product design and creating the enabling regulatory framework with the aim of launching a first pilot in one region for select crops in 2024.  The pilot will be accompanied by training and capacity building for local insurers, loss adjusters and government stakeholders that are working to strengthen the insurance sector in the country Find out more about the Tripartite Agreement’s progress to date, with other country examples showcasing the scale of joint implementation between development institutions, government and industry at the country-level ➡️ https://lnkd.in/eXUx4Cmr   Find out more about the public-private partnership that safeguard climate-vulnerable farmers in Uzbekistan through a multi-peril indemnity insurance product ➡️ https://lnkd.in/ewxS6iUZ *The Tripartite Agreement (TPA) is a public-private partnership between UNDP, Federal Ministry for Economic Cooperation and Development (BMZ) and 20 of the world’s largest insurers under the framework of the Insurance Development Forum, and is working to provide substantial financial protection across #Insurance4SDGs #financialresilience Europa Re Ltd. Jan Kellett Lauren Carter Miguel Solana Edgar Aguilar Enock Sing'oei Nurmukhammad Akmalov 

🚨 A Call to Action: Protecting Africa’s Farmers 🌱 Did you know that climate change could reduce crop yields in Sub-Saharan Africa by up to 30% by 2050? For the 200 million smallholder farmers who produce 80% of the region’s food, this is not just a statistic—it’s a looming crisis. 🌍 At myUbuntu, we are tackling this challenge head-on. Through parametric insurance, we’re providing a safety net for farmers, offering fast, automatic payouts triggered by weather events like droughts and floods. This means farmers can recover quickly, reinvest in their crops, and avoid falling into poverty. 🚀 Our journey at Lloyd's Lab has been pivotal in refining this solution. Collaborating with industry experts has helped us sharpen our approach, integrate innovative technologies, and build partnerships that will enable us to scale across Africa. Together, we’re creating an insurance model that not only protects farmers but empowers them to thrive. This is more than just insurance—it’s about securing livelihoods, strengthening food security, and building a resilient future for Africa. Join us in making this vision a reality. 🌾 #LloydsLab #myUbuntuInsurance #ParametricInsurance #ClimateResilience #Agritech #AfricanFarmers #ImpactInvesting JP Fabri Nicky Gouder Jack Bassett Nigel Daura Timon Halbach Mikir Shah Ilyas Ismail ACMA Mark Huxley FRSA Rupert Weterings Rupesh Appannah Allan Wishart Kieran Linger Leticia Boakye Danquah, ACII

Agriculture is one of the world's oldest and most important industries, providing food and raw materials for human consumption and industrial use. However, agriculture is also one of the most vulnerable industries, subject to a range of risks that can threaten a farmer's livelihood. These risks include weather conditions such as natural disasters, weather changes, theft, fire, pests and diseases that can destroy crops, other unforeseen events and market fluctuations that can affect prices and demand for agricultural products. Insurance can help protect farmers from these risks and provide them with financial security and stability. https://lnkd.in/gCYGYSsY #agriculture #insurance #insuranceindustry #agricultureindustry #insurancebrokers

Morocco’s farmers are suffering from another drought in 2024. Insurance is vital for their financial resilience. Read my Swiss Re colleagues report on the insights gained from modeling the impacts of climate change on crop yields and insurance to inform private and public actors on the way forward. #climate change #public-private partnerships #agricultural insurance #reinsurance Stefanos Mystakidis Delphine Uwacu Erik PAYEN Gael Certain Nicolas Christinet

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

𝗣𝗿𝗼𝘁𝗲𝗰𝘁 𝘆𝗼𝘂𝗿 𝗵𝗮𝗿𝘃𝗲𝘀𝘁 𝘄𝗶𝘁𝗵 𝗔𝗴𝗿𝗶𝗰𝘂𝗹𝘁𝘂𝗿𝗮𝗹 𝗜𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 🌾 At Intégro, we know that agriculture is not just a business; it's a way of life. That's why we offer specialized Agricultural Insurance to help safeguard your hard work and dedication from unpredictable events. Whether you manage a small family farm or a large agribusiness, our Agricultural Insurance covers you against: 𝗖𝗿𝗼𝗽 𝗗𝗮𝗺𝗮𝗴𝗲: Protection from natural disasters like hail, drought, and floods. 𝗟𝗶𝘃𝗲𝘀𝘁𝗼𝗰𝗸: Coverage for your animals against accidents, illness, or other unforeseen events. 𝗘𝗾𝘂𝗶𝗽𝗺𝗲𝗻𝘁 𝗮𝗻𝗱 𝗠𝗮𝗰𝗵𝗶𝗻𝗲𝗿𝘆: Ensure your essential tools and machinery are covered against breakdowns or damage. 𝗟𝗶𝗮𝗯𝗶𝗹𝗶𝘁𝘆: Protects against legal and medical costs from accidents occurring on your property. 🚜 𝗬𝗼𝘂𝗿 𝗹𝗶𝘃𝗲𝗹𝗶𝗵𝗼𝗼𝗱 𝗱𝗲𝘀𝗲𝗿𝘃𝗲𝘀 𝘁𝗵𝗲 𝗯𝗲𝘀𝘁 𝗽𝗿𝗼𝘁𝗲𝗰𝘁𝗶𝗼𝗻.  Let us help you keep your operations growing strong, no matter what the weather or market conditions bring. 𝗚𝗲𝘁 𝗶𝗻 𝘁𝗼𝘂𝗰𝗵 𝘁𝗼𝗱𝗮𝘆 𝘁𝗼 𝗳𝗶𝗻𝗱 𝗼𝘂𝘁 𝗺𝗼𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝗼𝘂𝗿 𝘁𝗮𝗶𝗹𝗼𝗿𝗲𝗱 𝗔𝗴𝗿𝗶𝗰𝘂𝗹𝘁𝘂𝗿𝗮𝗹 𝗜𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀. 📍 Baring Str 33, Worcester ☎️ 023 347 2555 📧 info@integrosa.co.za 🔗 www.integrosa.co.za #Intégro #AgricultureInsurance #FarmInsurance #ProtectYourFarm #Agribusiness #RuralLife #FarmingSecurity