Implementation and enhancement of agri-insurance under the rural financial development programme in Serbia

The overall objective of the Project is to contribute to the proper, countrywide implementation and offer of agri-insurance with the financial sector of Serbia. More specifically, the project aims at:

  • Evaluating the test phase of the pilot agri-insurance product, analyse the stakeholder’s experience, assess relevant information and documentation, and provide feasible recommendations on how to proceed with the pilot agri-insurance product for the Bank and Insurance Company.
  • Assisting the Bank and the Insurance Company in fully establishing the agri-insurance product and to extend agri-insurance to the target groups in an efficient and sustainable manner.
  • Cooperating closely with MoAE and NBS in order to integrate the new agri-insurance product into the overall national agri-insurance strategy and into the regulatory framework.

Services provided include:

  • Evaluation of test phase results, relevant stakeholder’s experiences, relevant information and documentation and recommendations on how to proceed with the test product.
  • Support the Bank in fully establishing the agri-insurance product.
  • Support the Insurance Company in fully establishing the agri-insurance product.
  • Support the integration of the new agri-insurance product into the national agri-insurance strategy and into the regulatory framework.
Lead: 
Yes
Region: 
Europe / CIS
Country: 
Serbia
Project number: 
AgroInsurance International; ADG
Period: 
2016-03-01 to 2018-02-28
Client: 
Ministry of Agriculture and Environment Protection / KfW