A partnership to provide digital solutions in the agribusiness sector in Mozambique was recently announced. Agritask, leading global developer of an agritech platform, and Hollard Mozambique, a premier insurance group in the African country, announced their partnership, aimed at local smallholder producers, and expected to offer crop insurance for farmers in their respective value chains.
The partnership will gather data of thousands of smallholders initially, with the expectation of rapid increase and spread throughout the country. The platform serves to create a village-based geographical mapping for the entire country, thus combining data, which is used to enhance risk assessment. Farmers insured by the platform will be registered, mapped and will then be able to track, in real-time and in a dynamic database, all parameters at each individual plot as needed.
Dr. Rom Aviv, Managing Director – Head of Insurance of Agritask, commented: “An operations platform is the prerequisite to implement a rigorous agricultural insurance scheme at scale. Data requirement in crop insurance is highly complex and multidisciplinary, ranging from agronomy, climate and geospatial, to finance and administration. Creating a robust digital infrastructure can greatly enhance the existing methods. For countries prone to natural disasters such as Mozambique, it can also serve to strengthen preparedness and rehabilitation efforts, such as by generating alerts for the relevant farmers to take precaution. We are pleased to partner with Hollard, a premier insurance company who shares our vision for greater protection for smallholders.”
Israel Muchena, Managing Director – Agricultural Insurance of Hollard, commented: “We see a significant opportunity to expand our agricultural insurance practice from both business and impact perspectives. As a company, we continue to work hard to improve climate resilience and food security for hundreds of thousands of smallholders in Africa. We are pleased to collaborate with Agritask that brings enabling technologies and shares the same goals as ours. At Hollard, we take pride in innovating and delivering improved insurance solutions for our clients.”
Agritask has over 30 years of experience in the agricultural sector, with clients ranging from large, multi-farm corporations, food conglomerates, governments and NGOs.
Hollard Mozambique is one of the leading Insurance companies in Mozambique, offering a diverse selection of personal, corporate and commercial insurance products tailored to every clients’ needs.
Hollard Moçambique Companhia de Seguros, S.A. (“Hollard Mozambique”) is one of the leading insurers in Mozambique, offering a complete range of corporate, commercial, and personal insurance products designed to meet the diverse needs of clients. Hollard Mozambique is part of the Hollard Group (“Hollard”), South Africa’s largest private insurer with operations across four continents and assets exceeding ZAR 23B, covering more than 10 million policy holders.