Syngenta Foundation for Sustainable Agriculture (SFSA) Head of Global Insurance Solutions Olga Speckhardt speaking at a claim settlement event at Sherpur Zilla Parishad auditorium in Bogura recently.
A joint venture of Syngenta Foundation for Sustainable Agriculture (SFSA) and Swiss Agency for Development and Co-operation (SDC), a 'Claim Settlement Event' on Aman rice crop insurance of 'Surokkha' project was held recently at Sherpur Zilla Parishad auditorium in Bogura which was organized by Gram Unnayan Karma (GUK).
The event has been inaugurated by Bangabandhu Sheikh Mujibur Rahman Agricultural University Vice Chancellor Professor Dr Md Giashuddin Miah. Insurance Development and Regulatory Authority Executive Director Khalil Ahmed was present as the chief guest.
Khalil Ahmed pointed out that 'today a total of 675 farmers received payout. In Bangladesh, over 10 million people are being insured through micro insurance. We want to ensure the foreign delicate that, Bangladesh will achieve the highest feat in inclusion of insurance.'
Embassy of Switzerland in Bangladesh SDC Director Derek George addressed that Bangladesh progress is miraculous despite the ill effect of climate change. He urged the farmers to spread the news from word to mouth to boost up the scaling of agro-insurance.
SFSA Head of Global Insurance Solutions Olga Speckhardt emphasized on 'Creating a better world requires teamwork, partnership, and collaboration.'SFSA Bangladesh Country Director Md Farhad Zamil said, "For the adverse impact of climate change and bad weather, crop insurance can reduce the economic losses of farmers potentially."
GUK Executive Director Dr Khandaker Alamgir Hossain chaired the event. On his closing remarks, he thanked all the guests, attendees and the farmers. He hopes that claim settlement events will definitely help farmers to increase their trust on insurance.
'De-risking' farmer's risks through micro-insurance can be a sustainable way to build the resilience of the farmers to cope with the adverse effects of climate change. SFSA and SDC are working together in this concept through a project titled 'Promoting Risk Mitigation Measures for Climate Change Adaptation (Surokkha)' since 2018.
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