In a country where insurance has long been associated with cars, homes and health, Kenyans are rewriting the playbook by taking out cover for goats, rabbits, dogs and even trees, putting them in line for payouts worth billions of shillings.
The growing market for crop and livestock covers points to the evolving insurance landscape in line with the increasing frequency and severity of climate change shocks such as droughts and floods and the demand by banks to offer financial backing to farmers only when they have insurance.
