Inter-American Institute for Cooperation on Agriculture

Agricultural insurance Risk management

IICA participates in regional symposium on agricultural insurance

Tiempo de lectura: 3 mins.

A combined team from the IICA Offices in the Caribbean and Headquarters participated in and supported the organization and hosting of the “Caribbean Regional Symposium on Agricultural Insurance – Disaster Risk Management” held in Jolly Beach, Antigua from June 15-19, 2010. The symposium boasted the participation of some 100 participants from across the region, with presenters from the Caribbean, Latin America, the United States and Europe.

Kervin Stephenson, IICA; Carlos Arce, World Bank; Victor Del Angel, IICA and the Hon. Hilson Baptiste, Minister of Agriculture, Land, Housing and the Environment at the opening of the symposium.

Jolly Beach, Antigua and Barbuda, June 28, 2010 (IICA).  Against the background of inadequate agricultural risk mitigation measures in the Caribbean and the limited capacity of trained personnel within the sector to develop and implement disaster risk mitigation programmes and measures, the symposium sought to build the knowledge and technical capacity of producers, public and private personnel and policy technicians in the planning, development and management of disasters including the development and management of agricultural insurance schemes for the Caribbean region.

Given the increased risks facing the agriculture sector, due to a number of internal and external factors, disaster risk management has re-emerged high on the agenda of governments and policy makers, insurance companies, development finance institutions and producer organizations in the region.  The symposium therefore proved timely and resulted successful in bringing together the key stakeholders to present, discuss and evaluate the challenges and opportunities related to addressing risk management in agriculture. 

At the end of the symposium, participants resolved to undertake the critical next steps towards achieving the overall objective of the establishment of a regional programme for disaster risk management for the agricultural sector in the Caribbean.  This will include the design and implementation of a regional catastrophic risk facility for agricultural insurance in the region and the call for increased government support for existing private sector insurance and reinsurance entities in the Caribbean.  Given these resolutions, the technical work will now commence to complete action plans for the short and medium terms.  The Institute will continue to play a technical role in the way forward.

Mr. David C. Hatch, Associate Deputy Director General of IICA and Representative in the United States, made a made a key presentation on the interaction between the public and private sector partnerships in addressing disaster risk management. Also participating on behalf of the Institute were Mr. Victor Del Angel, Director of Management and Regional Integration, IICA Headquarters; Mr. Trevor Murray, Director of Operations for the Caribbean Region, IICA; Ms. Una May Gordon, IICA Representative in the ECS, Mr. Ignatius Jean, IICA Representative in Guyana, Dr. Vincent Little, Technical Specialist, IICA/CARICOM, Mr. Kervin Stephenson, Regional Specialist in Projects and Mr. Kent Coipel, Technical Specialist IICA Office in Dominica.

Regional coordination of the event on IICA’s behalf was spearheaded by Mr. Kervin Stephenson, while the IICA Office in Antigua and Barbuda, under the guidance of Ms. Julie-Ann Laudat, Technical Specialist, formed part of the local organizing committee for the symposium in that country.  Other professional and support members of staff from the IICA offices in the Caribbean provided key support during the conference in the management of the secretariat, IT and media and communications.

The Institute was joined by other regional and international organizations in supporting the event, including the Ministry of Agriculture, Land, Housing and the Environment of Antigua and Barbuda, the CARICOM Secretariat, the Caribbean Agricultural Research and Development Institute (CARDI), the Caribbean Development Bank (CDB), the Food and Agriculture Organization (FAO), the Caribbean Disaster Emergency Management Agency (CDEMA), the World Bank and the EU-ACP and the Australian Government.

For more information contact:

 Kervin.stephenson@iica.int

Find more details in the Website:

http://www.iica.int/ENG/REGIONES/CARIBE/ANTIGUA/Pages/RegionalAgriculturalInsuranceSymposium.aspx

Share

Related news​

Bahamas

February 5, 2026

Minister of Agriculture of The Bahamas and IICA Representative continue to make progress with distribution of supplies to farmers affected by Hurricane Melissa

The Minister of Agriculture and Marine Resources of The Bahamas, Jomo Campbell, and the Representative of the Inter-American Institute for Cooperation on Agriculture (IICA) in The Bahamas, Mari Dunleavy, and her team, received agricultural inputs for distribution in the district of Exuma to support farmers affected by Hurricane Melissa.

Tiempo de lectura: 3mins

Panama City

February 2, 2026

The IICA Director General  and the CAF President and Vice President discuss the role of financing in expanding the scientific and technological revolution in agriculture of the Americas

In meeting, they analyzed new and better synergies between the development bank and the specialized agency in agricultural and rural development, specifically in issues such as health, soil health and restoration, water resources and specific crops.

Tiempo de lectura: 3mins

Ciudad de Panamá, Panamá

January 30, 2026

On his first international mission, the new Director General of IICA places agricultural development cooperation at the center of the Latin American and Caribbean agenda

The new Director General of the Inter-American Institute for Cooperation on Agriculture (IICA), Muhammad Ibrahim, took part in the International Economic Forum for Latin America and the Caribbean, organized by CAF, where he held meetings with senior authorities from Jamaica, Ecuador, Paraguay, Panama and other international organizations, seeking to scale up programs and projects aimed at underpinning agricultural development, the well-being of rural producers and food security in the region.

Tiempo de lectura: 3mins