Updated Jul 14, 2020
The innovation has no ownerClaim it
Index-based insurance is an innovative financial service that can help smallholder farmers manage some of the risks related to weather conditions. On one hand, the increasing availability of this financial service offers a big opportunity to both farmers and providers. On the other hand, the complexity of this risk management tool can lead to poorly-understood index insurance products that may do more harm than good.
Clear guidelines for index insurance education are essential to support the industry to deal with the task of making sure that index insurance products are implemented and explained in the best possible way to ensure client value.