PROBLEM
Increased unpredictability in farming due to climate change
SOLUTION
Automated crop insurance for vulnerable farmers in Africa
ABOUT THE COMPANY
About the company OKO started in 2018, with the aim to provide effective and affordable insurance to farmers in emerging markets, and to deliver instant claim settlement using new technologies. They leverage technologies to create affordable and accessible crop insurance products, including satellite imagery analysis. Farmers can use OKO to secure their income and become more resilient to climate change, and improve their risk profile which enables them to become eligible to agricultural loans.OKO has insured more than 20,000 farmers in 3 countries (Mali, Uganda, Ivory Coast) and through multiple international partnerships.
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