Insurance programme for farmers could kick off next month

Damian Bowen at the launch for the Regional Economic Agri-Insurance Programme

-gov’t could be asked to subsidise first year of premiums

By Khadidja Ba

A landmark regional insurance programme for farmers could kick off here next month and could see the Guyana Government being asked to subsidise the first year of premiums.

The newly launched Regional Economic Agri-Insurance Programme aims to shield farmers from the impacts of natural disasters and climate change. The initiative was launched at the Arthur Chung Conference Centre in July 26 2024.

Damian Bowen, Managing Director of Lynch Caribbean Brokers in Bar-bados, detailed the programme’s objectives and framework during a follow-up Zoom interview with Stabroek News.