OKO Crop Assurance is an agricultural insurance solution that focuses on protecting smallholder farmers in developing countries from the climate-related risks that threaten their crops. Leveraging technology like satellite data and mobile applications, OKO assesses and monitors crop conditions to provide accurate and timely compensation to farmers when they face losses due to weather events, pests, diseases, and other climate-related factors. This innovative approach not only supports farmers' financial security but also contributes to building climate resilience within vulnerable agricultural communities.
https://www.oko.finance/
OKO Crop Assurance
Organization:
OKO Crop Assurance
Category:
Insurance
Subcategory:
Agricultural Insurance
Available at:
Rural
Channel:
Physical and Digital
Climate Resilience Approach Mapping:
Risk Prevention, Risk Mitigation, Risk Recovery
Climate Impact Mapping:
General Extreme Weather and Climate Impacts
Country / Region Input:
Sub-Saharan Africa, Côte d’Ivoire, Mali, Uganda
Sector Mapping:
Agriculture
Business Model Mapping:
Interest, API connection fees