The potential market for microinsurance is 4 billion people (Swiss Re, 2010). However, the microinsurance market is dominated by health, life, maternity protection, childcare, assets and livestock. Although studies have shown that small-scale farmers and
IBISA brings index-based insurance one step further by lowering the costs, improving the assessment accuracy and simplifying claims and pay-outs. IBISA do it with blockchain (Cygnet being consulting and technology partner for IBISA project) and Earth Observation data, improved by