Help Center & FAQ

Risk Shield is a specialist technical service provider and leading consultancy firm for delivering insurance solutions for the mass market in developing and emerging countries. We provide actuarial advisory services and deliver technical and operational inputs in agricultural, index-based, health, life, digital-based and other mass market insurance products.

We operate in over 30 countries across Africa, Asia, and Europe. Our main focus areas include Angola, Bangladesh, Botswana, Cambodia, Ghana, India, Kenya, Malawi, Mozambique, Nigeria, Sri Lanka, Sudan, Tanzania, Uganda, Zambia, and Zimbabwe, among others.

Since 2015, our agricultural and other microinsurance products have insured approximately 10 million farmers in partnership with over 25 insurance companies and more than 10 reinsurance companies across 30+ countries.

We develop various types of insurance products including weather index insurance, yield index insurance, hybrid products, crop indemnity insurance, life and health insurance, livestock insurance, and digital-based insurance solutions.

Weather index insurance is a type of insurance that pays out based on weather parameters (like rainfall, temperature, wind speed) rather than actual crop losses. It uses satellite data and weather station data to measure perils such as drought, dry spells, excessive rainfall, flooding, cold spells, and heat waves.

Yes, we specialize in actuarial analysis including Big Data Analytics of satellite-based weather data, developing different types of indices, actuarial pricing using both deterministic and stochastic models, statistical risk analysis, multi-variate modeling, and data mining techniques.