In May 2012, FSD Kenya commissioned Bankable Frontier Associates (BFA) to conduct a review of its index based weather insurance project. The aim of the review was to assess the impact of the project on market development and evaluate the potential for creating a well-functioning and sustainable market for index insurance.
The review reveals that while strong demand and impact potential exist, large gaps remain in the ability to create viable index insurance for small farmers on a retail basis at scale.
Leach, J., Zollman, J., & Kumbhat, A. (2013). Review of FSD’s Index based weather insurance initiatives. Nairobi, Kenya: FSD Kenya.