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No. 135Existing businessAgriculture and food

Livestock heat-stress coverage

Source

The idea

Protect livestock-related income against extreme heat.

Why this is interesting

  • Heat stress builds over days and affects animal health and output, so a heat-based trigger may fit livestock income better than an assessed-loss claim. The buyer may be an organisation that already serves livestock keepers rather than the keeper directly.
  • The source is Ankur Capital explaining why it backed IBISA. This product line is an existing company’s offering described by its investor, so it is an example of an approach rather than evidence that buyers are unserved.

Possible starting points

01

Dairy network pilot

Test cover through an organisation that already collects milk or keeps herd records.

02

Heat warning with cover

Pair advance heat warnings with cover so keepers can act before losses occur.

Questions to answer

  1. Can heat be measured close enough to where animals are kept?
  2. Will a dairy, lender or insurer pay for the cover, and does the keeper see the value?