Githaiga called on the Government to promote the development of a viable agricultural insurance market through a private public partnership framework. Vincent Ngari and Richard Githaiga of the Departments of Livestock and Agriculture, while making presentations during the Technical Workshop on Agriculture Index Insurance at the College of Insurance, Nairobi, on Friday, advised farmers to take up the new Kenya Livestock Insurance Programme (KLIP). "For the programme to succeed, key stakeholders like Ministry of Agriculture, farmers, insurers, Insurance Regulatory Authority (IRA), financial institutions, and agro-dealers should work together," Githaiga said. KLIP was rolled out last year by the Ministry of Agriculture, the World Bank and the International Livestock Research Institute (ILRI) to compensate farmers who buy insurance cover against the effects of drought. He called on insurance companies to abide by the laws for better implementation of the programme.

Source: Standard Digital June 12, 2016 08:15 UTC