Easy
What are the two companies mentioned in this case?
OXFAM America and Swiss RE
What is reinsurance?
Insurance for insurance companies.
What developing country did OXFAM have a strong presence in?
Ethiopia
This impacts how much food farmers are able to produce and leads to food insecurity.
Climate Change
What is the main factor that affects poor farming in Ethiopia?
Drought
What was the central innovation of HARITA’s pilot project?
Insurance for Work Arrangement. (allowing the poorest farmers to pay for insurance premiums with their labor.
What does the Acronym HARITA stand for?
Horn of Africa Risk Transfer for Adaption
We talked about the 3R's today. What is the most important R? (as discussed last class period in the Innovation lecture)
There are 3R’s mentioned in our presentation today, can you name 1?
Risk Reduction, Residual Risk Transfer, (Prudent) Risk-Taking
What are the 5 Factors in the Diamond Model? Name 3
Arena
Vehicles
Differentiation
Staging and Pacing
Economic Logic