Founded with the mission to secure the livelihoods of farmers in emerging markets, OKO leverages satellite technology to offer parametric climate insurance products. The company focuses on providing accessible and automated crop and livestock insurance across Sub-Saharan and East Africa. By utilizing mobile technologies, OKO efficiently distributes insurance, collects premiums, assists farmers, and processes claims, ensuring that even remote farmers can protect their investments against climate risks.
Notable figures affiliated with OKO include its founders and key investors who have supported the company's innovative approach to agricultural insurance. OKO has achieved significant milestones, including successful partnerships with local governments and agricultural organizations, and has positively impacted thousands of farmers by reducing their financial vulnerability to climate change. The company's use of advanced satellite data and mobile solutions has set a new standard in the agricultural insurance market, promoting financial inclusion and resilience among smallholder farmers.
