Assistance for SDC Georgia Office in organization of action-oriented workshop on agricultural insurance scheme

BFC was selected by SDC to undertake a brief study of the agricultural insurance market in Georgia and identify options for development of a national agricultural insurance scheme.

As part of this assignment, BFC:

  • performed a brief assessment of the demand and supply of agricultural insurance in Georgia
  • assisted SDC prepare and conduct a thematic workshop on how to develop a national agricultural insurance scheme with participation of key stakeholders

 

Findings of the research together with the insights gained during the workshop generated recommendations in the following areas:

  • Potential solutions
  • Potential pilot crops for insurance products
  • Potential intermediaries for insurance products’ distribution
  • Potential for government intervention
  • Roadmap for further actions related to the establishment of an agricultural insurance mechanism