
Competition winner: Using Satellite Data to Insure Livestock
The case |
Who – the protagonistsAndrew Mude, Team Leader for the Index-Based Livestock Insurance Program (IBLI), developed by the International Livestock Research Institute (ILRI). What?Index-based Livestock Insurance (IBLI) protects poor pastoralists in Africa against the risk posed by severe drought. By providing them with insurance, IBLI helps reduce poverty and improve food security. IBLI emerged from an ongoing research effort by ILRI, an organisation dedicated to the sustainable use of livestock. ![]() Why?While insurance products abound for other markets, poor pastoralists, who can often lose everything because of drought, have almost zero insurance available to them. IBLI is one of the first market-mediated index-based insurance products in the world. It was designed and implemented by ILRI and its partners to fill a vital need in the market, and to protect livestock owners from drought-related asset losses.
When?
IBLI was first sold in Northern Kenya's Marsabit District in 2010. After a severe drought in 2011, IBLI made its first payout, which was a resounding success.
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Using Satellite Data to Insure Livestock: IBLI and the Development of the World’s First Insurance for African Pastoralists
Teaching note |
The authors |
![]() Iddo Dror, Shreya Maheshwari and Andrew MudeThe authors explain their reasons for writing this case and how students react to it in class. DelightedWe are delighted to get this recognition. While we’re no strangers to publishing – as a research institute that’s our ‘core business’ – this was the first MBA-style case we produced.
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