Index-based livestock insurance (IBLI) protects livestock keepers in drought-prone arid and semi-arid lands from climate-related losses. Insurance payouts are tied to climatic conditions such as the amount of rainfall and distribution of pasture availability over a season.
PULA partners with local insurance companies and global reinsurance firms to insure farmers and livestock owners against a wide range of climatic risks including drought, excessive rainfall, pests and diseases.
The Innovation provides both product and service innovation to the farmers in several regions in Kenya: Kajiado, Makueni, Machakos, Kiambu and expanding to the Lake region