Expression of Interest For Building The Palestinian Agricultural Insurance System And Services

Expression of Interest are invited for Building the Palestinian Agricultural Insurance System and Services This request for Expression of Interest or Letter of Interest comes within the implementation plan for the current agricultural insurance products trial (or what we call the pilot project) , where no less than 735 farmers will be reached to become agricultural insured. Note that the commercial insurance products (indemnity insurance products) were developed based on market studies and actuarial studies in 2019, and have been recently redeveloped and updated. These future insured are divided into three agricultural sub-sectors: 1) tomato farms that grow tomatoes inside greenhouses and greenhouses themselves, 2) open grape farms, and 3) poultry farms under the closed system. Through this pilot project, Oxfam seeks to test the actual practice of the insurance process and agricultural insurance management by examining the regulatory framework for agricultural insurance management, and the commitment of partners and stakeholders to the roles and responsibilities outlined in building the partners strategy, especially since this pilot period will give the Ministry of Agriculture - General Administration of Agricultural Insurance on the one hand and insurance companies on the other hand the opportunity to practice the management of the agricultural insurance market in terms of selling and following up on insurance policies, concluding insurance contracts with farmers, insuring specific agricultural products, and testing the support and assistance system by Oxfam and the Palestinian government. At the same time, it will give the Capital Market Authority the opportunity to follow up on the performance of insurance companies in terms of their work on offering agricultural insurance products, including reinsurance and regular insurance operations by underwriting, field visits, guidance, damage assessment and insurance compensation in the event of insured damage. [Disclaimer: The above text is machine translated. For accurate information kindly refer the original document.] Tender Link : https://www.jobs.ps/en/tenders