Kenyan companies SunCulture, a pioneer in solar-powered irrigation solutions, and Turaco, a leading mass-market insurtech company, have introduced “SunCulture Protect” to enhance protection for smallholder farmers using SunCulture’s pay-as-you-go (PAYG) devices.
As climate change accelerates, the frequency and intensity of extreme weather events are projected to increase, with significant consequences for public health and poverty.
According to the Intergovernmental Panel on Climate Change (IPCC), Sixth Assessment Report, 2021, “Climate change is already affecting human health, ecosystems, and livelihoods, and these impacts are expected to intensify, particularly in regions like Africa, where vulnerability is high.”
This collaboration between two prominent Kenyan tech companies, SunCulture and Turaco, aims to address the pressing need for risk mitigation tools, such as insurance, for vulnerable populations, while improving and expanding access to healthcare.
SunCulture Protect provides essential health and life insurance coverage, protecting customers and their families from unexpected medical expenses and risks heightened by extreme weather conditions.
“At SunCulture, our mission has always been to help smallholder farmers grow more food and improve their livelihoods,” said Samir Ibrahim, Chief Executive Officer (CEO) of SunCulture. “Partnering with Turaco allows us to extend our commitment by not only providing sustainable energy solutions but also offering financial security and peace of mind to our customers and their families.”
Ted Pantone, CEO of Turaco, emphasized the importance of making affordable insurance accessible to everyone, particularly those most vulnerable to climate change.
“Our partnership with SunCulture enables us to provide essential coverage that not only protects livelihoods but also fosters long-term resilience among smallholder farmers,” he said.
