We are excited to see the progress and impact being created through our portfolio company IBISA NETWORK's innovative parametric insurance product focused on 'Dairy Heat Index'. More than 1,20,000 animals have been insured with total claims crossing INR 30 Million and benefitting more than 17,000 farmers. This is just the beginning and we expect IBISA to play a crucial role in the global push towards climate adaptation and resilience. #climateadaptation #cliamteresilence
🐮Throwback on our Dairy Heat Index Insurance performance for Summer 2024 in India! At #IBISA, we are dedicated to protecting dairy farmers with our revolutionary Heat Index product. This summer has been particularly challenging, as 2024 marks one of the strongest heat wave India has faced in the past 50 years. The impact of this extreme heat and ongoing climate change on farmers and their livestock is massive. We are fortunate to be capable of helping these communities in times of such extreme climatic events. Over here, it is our Heat Index Product that came to the rescue. 🎯 How does our Heat Index work? Our Heat Index provides coverage for yield loss due to heat stress during critical summer months, using advanced satellite-based systems and data analytics. 🚀 Here are some highlights of the season for our Heat Index product: 120,000 animals insured 17,000 farmers benefited from our Heat Index insurance 𝑃𝑙𝑒𝑎𝑠𝑒 𝑛𝑜𝑡𝑒 𝑡ℎ𝑎𝑡 𝑡ℎ𝑒𝑠𝑒 𝑛𝑢𝑚𝑏𝑒𝑟𝑠 𝑎𝑟𝑒 𝑛𝑜𝑡 𝑓𝑖𝑛𝑎𝑙 𝑎𝑠 𝑤𝑒 𝑠𝑡𝑖𝑙𝑙 ℎ𝑎𝑣𝑒 𝑐𝑙���𝑖𝑚𝑠 𝑏𝑒𝑖𝑛𝑔 𝑝𝑟𝑜𝑐𝑒𝑠𝑠𝑒𝑑 𝑎𝑛𝑑 𝑒𝑥𝑝𝑒𝑐𝑡 𝑚𝑜𝑟𝑒 𝑡𝑜 𝑐𝑜𝑚𝑒. 📲 For more information or partnerships, reach out to our Head of Growth Balachandran M K, his team, or send us a message at info@ibisa.network. 👀 Follow IBISA NETWORK to stay updated as we continue to build climate resilience and support communities worldwide! Milma - DeHaat - Godrej Agrovet Limited - Sarhad Dairy #HeatIndex #ClimateChange #Insurance #Agriculture #India #ParametricInsurance