Kenya’s Agricultural Insurance Reaches 1 Million Farmers Through Digital Platforms

Over 1 million Kenyan farmers are now covered by crop and livestock insurance, thanks to digital platforms like Pula, Apollo Agriculture, and ACRE Africa. The Insurance Regulatory Authority (IRA) reports that mobile-based parametric policies—triggered by satellite weather data—have reduced payout time from months to days. Premiums are often bundled with inputs and repaid after harvest. In 2023, Ksh1.2 billion was paid to 600,000 farmers during droughts and floods. The government subsidizes 50% of premiums for smallholders. IRA aims to cover 5 million farmers by 2027, making Kenya a leader in climate risk financing in Africa.