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Case brief: MIDAGRI

Case brief: MIDAGRI. The Peruvian Ministry for the Development of Agriculture and Irrigation (MIDAGRI) introduced agricultural insurance as a strategic policy tool to enhance the competitiveness of the agricultural sector. This led to the creation of the Seguro Agrícola Catastrófico (SAC), a public insurance program designed to protect smallholder farmers from extreme weather-related losses. The case outlines the structure of SAC, its implementation, and the government's role in building resilience through accessible, state-supported agricultural insurance.

MiCRO / SBS / Bancamía – Boosting Resilience for Microentrepreneurs

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.