Piloting index based livestock insurance in Marsabit
The IBLI product was first launched in January 2010. It began with a pilot phase to test both the commercial viability of the product and the impact on the welfare of the target population. The project is designed to protect households in the Marsabit District of Kenya from the economic shocks of livestock mortality due to drought. Marsabit has a population of approximately 30,000 households and a livestock population of 120,000 cattle, 1 million sheep and goats, and 76,000 camels.