ACRE Africa partners with insurers to offer affordable index-based crop insurance to smallholder farmers. Uses weather stations and satellite rainfall data to trigger payouts automatically.

One Acre Fund, a nonprofit that supports smallholder farmers, partnered with Global Parametrics to pioneer a new Water Balance Index protecting 70,000 farmers in Tanzania from drought and excessive rainfall. This index-based weather insurance enables fast, affordable payouts, strengthening farmers' resilience to a volatile climate.