Index insurance and risk management

Leveraging Machine Learning to Improve Livestock Insurance for Pastoralist Families

October 24, 2019
NDVI has been commonly used to build index insurance, a type of insurance that in the past decade has protected tens of thousands of pastoralist families in eastern Africa from drought. Now, a new technology may be on the brink of beating NDVI on predicting forage quality, and it comes from an entirely different field.