17 October 2010 | MicroEnsure Sets Up New Agriculture Consultancy Division
Since 2004 when MicroEnsure helped develop weather index insurance in Malawi our team has been at the forefront of developing and implementing weather index insurance for the poor.
In 2009 we implemented index products in Rwanda, Tanzania, India and the Philippines for the risks of drought, excess rain and typhoons. These experiences led us to develop index products around the number of dry days experienced in a month rather than the amount of rainfall received at a weather station; this innovation is helping us overcome issues of securing historical data sets and the aversion of farmers to pay full price for their insurance.
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