The Nepali microfinance institution Jeevan Bikas Laghubitta Bittiya Sanstha, Swiss insurance technology (insurtech) firm Pula and the UN Capital Development Fund (UNCDF) recently announced the completion of a pilot program combining technical assistance, subsidies and financial education to design and deploy an index-based insurance product for Nepali smallholder farmers. The program provided 15,000 smallholder farmers with insurance covering