Investment Fund InsuResilience acquires stake in Agritask

Zurich, May 24, 2019 – The InsuResilience Investment Fund Investment Fund, initiated by the KfW Development Bank on behalf of the German government and managed by the Switzerland-based BlueOrchard Finance impact investment manager, will invest $ 6 million in the framework of the largest round of financing launched by Agritask, based in Tel Aviv, to date. Agritask is a leading AgTech company, which offers information-based decision-making tools for comprehensive agronomic business management throughout the agricultural ecosystem. Through its global activities, the company is expected to reach more than 25 million farmers in 2025.

The InsuResilience Investment Fund and Agritask have signed an agreement whereby the Fund will invest 6 million dollars in the largest round of Agritask financing to date and will be represented on the Board of Directors. Agritask’s unique offer in the field of precision agriculture – ‘A Platform – A Database’ – has significantly improved the decision-making process throughout the agricultural ecosystem. The platform is already deployed in more than 15 countries serving small and large farmers, food producers, government projects and insurance entities, predominantly in emerging and border markets. The company’s offer to insurers in the agricultural market revolutionizes its ability to analyze risks accurately, and allows them to drastically reduce operational costs, develop and manage more advanced insurance offers, and increase insurance penetration into new and less market segments. catered.

The investment resources will help Agritask accelerate its global expansion across various agricultural segments and further boost the development of agricultural insurance markets globally, extending its reach in small-scale agriculture.

The investment is not subject to regulatory approvals.

“We see technology as a key facilitator to make climate insurance affordable for low-income populations and in particular small-scale farmers. Agritask has developed a unique offer to digitize agricultural insurance and substantially improve risk management. The company has a privileged position to take advantage of the opportunity represented by some 250 million sub-insured small-scale farmers in emerging markets. We are excited to partner with Agritask and support them with capital, technical assistance and our international network in the field of agricultural insurance, with the aim of improving the resilience of small-scale farmers in the face of climate change consequences, ”says Ernesto Costa , Senior Vice-President Private Equity at BlueOrchard.

“The penetration of agricultural insurance remains low on the planet, especially in developing countries,” says Ofir Ardon, CEO of Agritask. “To a large extent, it is the result of a product design that usually has limited data availability and limited visibility regarding continuing agricultural and climatic risks, exactly what we can solve. We are more than excited to partner with the InsuResilience Investment Fund and BlueOrchard, as we appreciate strong synergies between their deep knowledge and relationships in the financial and agricultural insurance industries and Agritask’s extensive technological capabilities. ”

The investment in Agritask aligns with the vision and principles of the InsuResilience Global Alliance, launched by Germany in Bonn in 2017 during the UN Conference on Climate Change COP23. The objective of the alliance is to facilitate more agile and reliable responses to disasters through the use of risk finance and insurance solutions for climate and disasters, in order to reduce impacts and help poor and vulnerable populations recover faster. .

About the InsuResilience Investment Fund

The InsuResilience Invesment Fund was initiated by KfW, the German Development Bank, on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ). The general objective of the InsuResilience Investment Fund is to contribute to climate change adaptation through the improvement of access to insurance in developing countries. The specific objective of the fund is to reduce the vulnerability of low-income households and micro, small and medium enterprises (MSMEs) to extreme weather events. The InsuResilience Investment Fund has been established as a private public association and combines private debt and capital investments into two separately invertible sub-funds, as well as technical assistance and premium support. The fund seeks both financial return and social impact. For more information, please visit:

About Agritask

Agristask is an AgTech company based in Israel that offers a comprehensive agronomic geo-management platform unique in its class that integrates all types of agricultural data hardware and software, facilitating agronomic and agroeconomic decisions. The comprehensive platform revolutionizes the ability of decision makers throughout the agronomic ecosystem to collect, access and use data, significantly improving their agronomic information and decision making in real time. Based on a unique architecture, the Agritask platform is easily configured to adapt to the specific methods of each client, eliminating training needs or changes in processes, resulting in adaptation times and costs without competition, even on a large scale. Agritask’s clients include some of the most prominent agricultural actors in Latin America, who use Agritask daily as their central production and operations management platform. Likewise, Agritask provides services to agricultural insurance companies, actors in the food and beverage chain, and governments in regional extension projects, with dedicated offers covering the analysis, monitoring and risk management needs relevant to the agricultural ecosystem in general. All dedicated offers are based on configurations tailored to each client from a single platform version deployed to all clients through the cloud. For more information, please visit:

About BlueOrchard Finance Ltd

BlueOrchard is a leading global manager in impact investments. The company is dedicated to promoting inclusive and intelligent growth climatologically, while providing attractive returns for investors. BlueOrchard was founded in 2001, at the initiative of the UN, as the world’s first commercial administrator of microfinance debt investments in the world. Currently, BlueOrchard provides investors worldwide with premium investment solutions, including credit, private equity, and sustainable infrastructure. As an expert in combined finance mandates, the company is a reliable partner of the largest development institutions in the world. With a significant global presence and offices on four continents, BlueOrchard has invested 6 billion dollars to date in 80 emerging markets and borders, achieving tangible social and environmental impacts. BlueOrchard is a Swiss-licensed collective investment institution authorized by FINMA. Its entity in Luxembourg, BlueOrchard Asset Management S.A., is a management company licensed by UCITS and licensed for the management of alternative investment funds (AIFM) authorized by CSSF. For more information, please visit:

For more information, please contact:

BlueOrchard Finance Ltd
Tahmina Theis
+41 44 441 55 50