Takaful Insurance of Africa Limited

Partnership period: March 2019 – July 2021

Country: Kenya

ACHIEVEMENTS: Takaful aims to sell 9,000 index-based livestock insurance policies to pastoralists, including 6,250 policies bundled with AfriScout, an application that allows pastoralists to find the closest forage and water sources for their herds.

PURPOSE: Help Kenya’s pastoralists communities manage the risk of more frequent droughts by selling index-based livestock insurance that will allow them to purchase water and forage or fodder to keep their herds healthy in times of shocks and stresses.

APPROACH:  Takaful will address the challenges faced by pastoralists in Kenya by offering index-based livestock insurance that uses predefined drought conditions to trigger automatic payments. This lifeline to pastoralists will allow them to purchase forage and water for their herds while reducing negative coping strategies such as distressed sales and overgrazing. Through this partnership, Takaful will bundle its insurance with AfriScout, an application developed by Project Concern International (PCI), that allows pastoralists to find the nearest forage and water source without costly and time-consuming scouting.