Presentation: Practical aspects of implementing agricultural insurance programs in the developing countries.
Key points:
– selection of a delivery model based on the insurance landscape in the country;
– the role of the private insurance sector;
– effective administration of the program and subsidy management are the most critical factors for success;
– implementation strategy must be adopted to assure program progress;
– standard insurance products and procedures are highly recommended;
– premium rate setting methodology and data requirements;
– management of a continuous public awareness and training program;
– capacity building, development of technical expertise, professional competences and skills.
