ACRE Africa Insurance

What is it?

ACRE Africa is a data driven insurance intermediary that utilizes advanced indexing and remote sensing to provide smallholder farmers with financial resilience against climate risks.

Climate volatility represents a significant threat to smallholder farmers, where a single drought or flood can wipe out a season’s investment and lead to a cycle of poverty. Traditional insurance models are often inaccessible to these farmers due to high costs and the difficulty of verifying individual losses. ACRE Africa addresses this by using index based insurance models. Instead of manual inspections, the platform uses satellite data and mobile imagery to trigger payouts automatically when specific environmental thresholds are met. This ensures that farmers receive timely financial support without the delays and complexities of traditional claims processes.

Why use it?

Implementing index-based insurance provides a critical financial safety net that stabilises farm incomes against unpredictable climate risks. By automating the payout triggers based on objective environmental data, such as regional yield averages or soil moisture levels, farmers receive compensation much faster than through traditional channels. This rapid liquidity prevents the immediate liquidation of productive assets following a disaster and fundamentally encourages long-term capital investment in better seeds and agricultural technology, ultimately securing the financial viability of vulnerable value chains.

Key Features

• Index Based Livestock Insurance (IBLI)
  Monitors the health of grazing lands via satellite to protect herders against forage scarcity.

• Picture Based Monitoring
  Allows farmers to use smartphone imagery to document crop conditions and simplify the verification process.

• Soil Moisture Indexing
  Triggers payouts based on measured soil moisture levels, providing assistance before visible crop failure occurs.

• Area Yield Index Insurance
  Protects against regional losses by assessing average yields across specific geographic zones.

• Customisable Hybrid Covers
  Flexible plans that allow for the selection of specific risks, including drought, flood, disease, and theft.

Who is it for?

ACRE Africa is designed for smallholder farmers and livestock herders across East and West Africa. It is particularly effective for those working on 1 to 5 hectare plots or managing regional livestock herds. The technology is implemented through partnerships with local insurers and mobile platforms, making it accessible even in remote areas with basic smartphone connectivity.

Have you used ACRE Africa Insurance?

Help the community by sharing how it performed in assessing your specific crop damage or its efficiency and speed during the claims payout process. Your experience helps fellow managers make informed choices.