ARC Replica


African Risk Capacity (ARC) is an organisation mandated by the African Union to help African nations proactively manage natural disaster risk through macro-insurance.

Credit: Atmospheric Research CSIRO | commons.wikimedia.org

About ARC Replica Programme


ARC Replica allows us (Start Network) to work side by side with the government on risk identification, planning and to take out a parallel macro-insurance policy, which is intended to payout in the event of major droughts. With this payout, Start Network members can roll out preventative humanitarian operations alongside the government to mitigate the predicted impacts of drought. 

 

Member States can purchase drought insurance policies from ARC Ltd, and receive payouts for pre-approved contingency plans. Replica Insurance supports, complements and builds on this approach to disaster risk management. Non-governmental partners (like the Start Network) are supported by donors to pay parallel insurance premiums. If rainfall levels drop below a pre-defined threshold, Start Network members receive payouts at the same time as the government, to implement timely and coordinated actions to protect communities at risk.

 

The Start Network and World Food Programme are the first designated partners of the ARC Replica initiative. This initiative is being piloted until the end of 2019 with support from the German Government (KFW).

 

Resources

Two-pager

 

News

ARC Replica insurance payout kick-off meeting

Largest ever early humanitarian action payout received by the Start Network

Press Release: Purchase of ARC Replica insurance policy: 2019

Press Release (FR): Purchase of ARC Replica insurance policy: 2019

Statement on ARC Replica policy purchase 2018

 

ARC Replica is run in a partnership between Start Network, the Government of Senegal, African Risk Capacity (ARC), and the World Food Programme, funded by the German Federal Ministry for Economic Cooperation and Development (BMZ) through the German Development Bank, Kreditanstalt für Wiederaufbau (KfW).

Latest


News Article

Charities distribute aid as part of early response to food insecurity in Senegal

Humanitarian agencies in Senegal are this week distributing aid as part of an early response to food shortage, which has been caused by the late onset of rainfall last year. This early action will help alleviate the suffering of those affected and reduce the need for them to resort to negative coping actions such as taking children out of schools, eating their seeds, and migrating or selling their farming implements.

28Apr20

News Article

ARC Replica Insurance Payout: Kick-off meeting

Last week a kick-off meeting took place in Dakar, Senegal between Start Network NGOs and the government of Senegal to officially launch the beginning of Replica payout activities.

31Jan20

Blog Post

Largest ever early humanitarian action payout received by the Start Network

In an official ceremony in Darkar, Senegal today the Start Network was issued with a symbolic cheque of 10M USD in the largest every early humanitarian action pay out.

04Nov19

News Article

$10M INSURANCE PAYOUT ANNOUNCED FOR AID CHARITIES TO ACT EARLY TO MITIGATE DROUGHT IN SENEGAL

Start Network has today confirmed that the biggest ever funding allocation to civil society for early humanitarian action has been announced. The money will enable aid agencies to offer life-saving support to people before an oncoming drought in Senegal leads to a famine, which threaten people’s lives.

22Sep19

Blog Post

DES PRODUITS D’ASSURANCES INNOVANTS POUR PROTEGER DES COMMUNATES ATTEINTES PAR LA SECHERESSE EN AFRIQUE

Des polices d'assurance innovantes contre les risques climatiques souscrites par des agences humanitaires devraient permettre de venir en aide à 1,3 million de personnes en Afrique de l'Ouest. Parmi les pays bénéficiaires figurent le Sénégal, le Mali, la Mauritanie, le Burkina Faso et la Gambie.

27Aug19

News Article

Innovative insurance cover to help drought-hit communities in Africa

Humanitarian agencies are setting up innovative climate risk insurance policies to protect up to 1.3 million people in West Africa from catastrophic drought. Read more. 

07Aug19