From September 3–5, 2025, IFC, in partnership with ACRE Africa, delivered training on index insurance to Land Bank Insurance Company (LBIC) in Johannesburg. The training focused on strengthening technical capacity in product design, underwriting, monitoring, and claims processes for index-based agricultural insurance, with a special emphasis on solutions for both crop and livestock farmers. The training follows the launch of LBIC’s new Area-Yield Index Insurance, aimed at addressing climatic risks such as droughts and floods. This new offering complements LBIC’s Pasture Drought Index Insurance