What we do

We design and deliver best in class agriculture index insurance products to protect farmers

Against a wide range of climate risks including drought, excessive rainfall, pests and diseases, and several other perils that negatively affect their yields. We partner with local insurance companies and global reinsurance firms to underwrite risk.

Pula handles end to end management of the delivery of insurance to farmers, including field operations, farmer onboarding/education and claims assessment and payouts.

Products and services

Area Yield Index Insurance

Pula’s Yield Index Insurance (YII) covers all risks that affect yield including locusts, fall armyworm, floods, hurricanes and drought.

YII cover insures the value of the purchased inputs against low yield, and would replace the purchase to registered farmers at the end of the season.

Under this cover, the country is divided into agro-ecological zones based on historical rainfall, temperatures, prior yields etc, and average historical yield data is determined for each zone based on past data.

At the end of the season, trained enumerators measure yield levels for each agro-ecological zone. With this information, farmers will receive compensation if yields in a specific agroecological zone are below a determined trigger level.

Products and services

Weather Index Insurance

Pula’s Weather Index Insurance is a short duration insurance that covers farmers when germination failure occurs, often due to drought or delayed rains.

Farmers are able to redeem replacement seeds or cash equivalent, allowing for re-planting of seeds and enabling farmers to effectively harvest commodities in the same season.

The coverage period is usually less than one month (21 days). In this context, Pula partners with seed companies to bundle insurance with bags of seed. Farmers are able to register for insurance at the point of purchase, and their names, phone numbers and details are recorded in Pula’s digitalised system for future claims purposes.

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