Kenyan companies SunCulture, a pioneer in solar-powered irrigation solutions, and Turaco, a leading mass-market insurtech company, have jointly launched “SunCulture Protect,” a new initiative aimed at providing enhanced protection to smallholder farmers utilizing SunCulture’s pay-as-you-go (PAYG) devices.
As the impacts of climate change intensify, the frequency and severity of extreme weather events are expected to increase, adversely affecting health outcomes and pushing millions of Africans into poverty. This partnership between SunCulture and Turaco addresses the urgent need for risk mitigation tools, such as insurance, for the most vulnerable populations, thereby expanding access to healthcare.
SunCulture Protect offers essential health and life coverage, safeguarding customers and their families against unforeseen medical expenses and risks exacerbated by extreme weather events. This initiative ensures that smallholder farmers have a safety net, promoting both their financial security and overall well-being.
“At SunCulture, our mission has always been to help smallholder farmers grow more food and improve their livelihoods,” said Samir Ibrahim, 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 accessible and affordable insurance, particularly for those most vulnerable to the impacts of 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.
Through SunCulture Protect, both companies aim to empower smallholder farmers by providing them with the necessary tools to mitigate risks associated with climate change, thereby enhancing their ability to sustain their livelihoods and improve their quality of life.
