A parametric solution for floods in Kenya
Innovative Flood Insurance Pilot: A Collaborative Effort
In a groundbreaking collaboration with FSDA (Financial Sector Deepening Africa) and Britam, we are proud to introduce Kenya’s inaugural index-linked flood insurance program. This pioneering initiative is currently undergoing a pilot phase in Tana River County, marking a significant step forward in addressing the challenges posed by recurrent flooding in the region.
Our innovative insurance model offers timely financial relief to families impacted by the recurring floods of the Tana River. By harnessing the power of index-linked insurance, we’re ensuring that affected households receive payouts swiftly and efficiently, providing a lifeline during these critical times.