As climate volatility intensifies across the globe, the need for smarter, faster, and more precise risk transfer solutions has never been greater. Advanced Climate Index products represent the next generation of parametric insurance — moving beyond simple rainfall triggers to harness a richer array of environmental data including flood indicators, temperature extremes, and crop water stress metrics.
Unlike traditional insurance, these solutions deliver payouts based on objective, independently verified climate data, eliminating lengthy loss assessments and enabling rapid financial relief when it matters most. Whether protecting smallholder farmers from hidden drought stress, shielding agribusinesses from heat-induced crop losses, or supporting infrastructure operators in flood-prone corridors, each product is engineered to match the specific climate risk profile of its beneficiaries.
The suite spans the full agricultural and supply chain cycle — from in-season crop protection against floods, temperature shocks, and evapotranspiration-driven water stress, to post-harvest solutions that guard produce quality during storage and transportation. Together, these products form a comprehensive climate risk management toolkit designed to strengthen resilience, stabilize incomes, and accelerate recovery across sectors most exposed to a changing climate.
Flood Index Insurance is a parametric insurance solution designed to provide rapid financial protection against flood-related losses. The product triggers payouts when predefined flood indicators such as rainfall intensity, river discharge levels, or satellite-detected flood depth exceed established thresholds within a defined area. Because payouts are based on objective environmental data rather than individual loss assessments, compensation can be delivered quickly and transparently.
This solution is suitable for governments, agribusinesses, infrastructure operators, and communities located in flood-prone areas. By providing immediate financial support after flood events, the product helps beneficiaries recover faster, repair damaged infrastructure, restore agricultural activities, and reduce the long-term economic impacts of extreme flooding.
Temperature Index Insurance protects against the adverse effects of extreme temperature conditions that negatively impact crops, livestock, labour productivity, and infrastructure performance. The product uses temperature data from satellite sources and triggers payouts when temperatures exceed or fall below predefined critical thresholds for a specified duration.
The product is particularly relevant for farmers, agribusinesses, and industries where productivity and output are sensitive to temperature fluctuations. By offering objective protection against heatwaves or cold stress, this solution supports climate resilience, safeguards agricultural production, and reduces income volatility caused by temperature-related risks.
Evapotranspiration (ET) Index Insurance is an advanced drought protection product that measures crop water stress by combining temperature, solar radiation, and soil moisture indicators rather than relying solely on rainfall data. This approach provides a more accurate representation of plant water requirements and the actual stress experienced by crops during the growing season.
The product is designed primarily for farmers and agricultural value chain actors operating in regions where rainfall may appear adequate but high evaporation rates still result in significant crop stress. By capturing these hidden drought conditions, ET Index Insurance enables more precise and timely payouts, helping farmers maintain production stability and manage climate-induced crop losses.
Post-Harvest Heat Stress Insurance protects agricultural produce from quality deterioration and spoilage caused by excessive heat and humidity during storage, aggregation, and transportation. The product uses temperature and humidity data from weather stations or satellite monitoring to trigger payouts when conditions exceed thresholds known to accelerate post-harvest losses.
This solution targets farmers, cooperatives, traders, warehouse operators, and food supply chain actors handling perishable commodities. By compensating for losses associated with heat-related spoilage, the product helps protect income, reduce food waste, and improve supply chain resilience in regions experiencing increasing temperature extremes.
