Introduction to Index Insurance

Monday, March 18, 2019 to Tuesday, March 19, 2019
Kuala Lumpur, Malaysia

Index-based insurance is a different kind of insurance that has the potential to create opportunities for farmers to access finance and better farm inputs that can help protect their livelihoods after sub-optimal growing seasons. This type of insurance operates in a system that includes government and the private sector, local insurance companies and international reinsurers, banks and agricultural value chains. Understanding the interrelations between the system elements is essential to ensure development, farmer acceptance, and sustainable growth over time.

During this two-day workshop participants will learn about the concept of index-based insurance and its role as an agricultural risk management tool, as well as its limitations. The course will provide them with the knowledge to develop and sell index-based agricultural insurance products.

Target Audience:
Insurance practitioners who would like to offer agriculture insurance; those who have existing agriculture insurance program but would like to learn about index or parametric insurance; and distribution channels who are involved in agriculture insurance. The secondary audience includes reinsurers, value chain actors, regulators, and other stakeholders who play a key role in index insurance programs. All functions in an insurance company can benefit from the program.

Organizer Malaysian Insurance Institute
Email azean@mii.org.my
Related Region / Country Global /
Related Resources Event information  -  English (en)

Keywords weather index insurance