Swiss Re's Soil Moisture Deficit Index Insurance protects farmers against the financial losses caused by drought. We have developed an innovative solution for drought related losses, applicable to all rain fed agricultural production worldwide.
Due to climate change, both the frequency and impact of droughts may increase in the future and worsen the already difficult situation for the local farmers. With an efficient insurance protection, farmers can invest more in production and as such reduce the volatility of their income.
Swiss Re's innovative drought solution is available in several countries in Europa, most prominently; the solution has fully integrated in Kazakhstan agriculture management platform using block chain technology. Serving as risk management solution for one of the largest grain producers and exporters in the world.