In 2019, MiCRO and SBS Seguros, in partnership with Bancamía, launched "My Protected Investment", a microinsurance product for SMEs that combines index-based and traditional coverage. Three years after Colombia's first parametric insurance launch, the initiative had already reached almost 120,000 low-income beneficiaries, providing protection against hazards such as excess rain, drought, and earthquakes, while expanding access to underserved urban and rural clients.

WFP's R4 initiative insures 8,000+ households in Zimbabwe and Mozambique against drought, floods, and cyclones using area-yield and weather index insurance, in partnership with local insurers.