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(1) 246-426-1525

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Travel Insurance Quote

Level of protection: $

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Car Insurance Quote

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Life Insurance Quote

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Project

  • Climate Resiliency and Index Insurance for Small Farmers in the Dominican Republic The CRII project is parametric insurance product which is designed to use remotely sensed data in development of a drought index to protect farmers from the impact of intensifying drought as a feature of climate change. The product is targeted at the dairy farming sector as its production is most vulnerable to the impact of drought. The pilot phase of the project is funded by the USAID and development is supported through the involvement of a variety of stakeholders. FundaciĆ³n REDDOM (Rural Economic Development Dominicana) was the coordinating agency for the project. CaribRM and Guy Carpenter partnered to provide intermediary services for the project. These services included complete market research; collection of hazard, exposure and loss data; complete risk assessment and product design; training and implementation of risk transfer. During the coming pilot year, CaribRM is expected to be the calculating agent for the product during the pilot year.

Company Address

Barbados Office

Haggatt Hall
St. Michael BB11059



St Lucia Office

20 Micoud Street
PO Box 189
Castries

Contact details

(1) 246-426-1525

Available 8:30am - 4:30pm

E-mail address:
data@caribrm.com