About the Book
Dealing with Climate Crisis in Africa: Strategies for Agriculture Insurance is a book that provides an ABC-style reference for one of the most challenging topics in African insurance development today - climate change, agriculture insurance, and sustainable insurance. This book served as a practical guide for Insurance Practitioners and learners interested in learning about Agriculture Insurance in the context of climate change. Based on a need for innovation, the author walks readers through the concepts of Agriculture Insurance, beginning with an innovative solution to the underwriting capacity challenge.
The book demonstrates the state of insurance in the world and in Africa, as well as the farmer's risk landscape and risk management practices chosen on the farm. The origins and evolution of agriculture insurance are discussed in depth, followed by a discussion of various agriculture insurance products. Underwriting, claims management, and reinsurance are among the key operations captured by agriculture insurance products. The book addresses the distribution challenge in agriculture insurance by detailing current distribution channels and considerations for alternative distribution channels.
With various institutional structures available for successful agriculture insurance, the role of government as the ultimate risk manager and reinsurer is explained. Strategies for success in implementing agriculture insurance projects and schemes are presented in an easy-to-understand format, with a focus on women and youths.
