Britam Holdings Plc said it paid out KSh97.3 million in insurance claims in 2025 to support 402,681 farmers and pastoralists recovering from climate-related shocks across East Africa, according to the firm’s 2025 Sustainability Report launched in Nairobi on June 4, 2026.

The listed financial services group said the payouts were made through parametric insurance products designed to trigger payments based on satellite data and pre-defined weather thresholds, targeting communities affected by drought, erratic rainfall and other climate disruptions.

In its report, Britam said crop insurance coverage expanded by 83% year-on-year, rising from 161,521 farmers in 2024 to 294,799 in 2025. The company reported paying KSh80.4 million in crop insurance claims in 2025.

Britam also reported that 107,882 pastoralists across Kenya, Uganda and Tanzania were covered under its livestock insurance programme, with KSh16.9 million paid in claims settlements to affected households.

The disclosures come as Kenya’s agriculture sector—an important contributor to employment and household incomes—faces increased climate volatility, heightening interest in risk-transfer products such as crop and livestock insurance. Parametric structures, which are typically designed to pay out when a weather index crosses a threshold, are increasingly positioned as a mechanism to speed up disbursements compared with traditional loss-adjustment processes.

Britam Group Managing Director and CEO Tom Gitogo said the insurer’s approach is aimed at reducing exposure for vulnerable producers when weather shocks occur. “Through inclusive, sustainable and innovative solutions, we are enabling recovery, stability, and continued productivity even in the face of increasing climate uncertainty. Our focus is to ensure that farmers and pastoralists are not left exposed when climate shocks strike,” Gitogo said, according to the report.

Beyond insurance, Britam said it increased its investments in environmental sustainability and climate action. The company reported that in October 2025 it commissioned a solar installation at its headquarters, Britam Tower. The installation is projected to generate 390,000 kWh annually, meet more than 50% of the building’s energy needs and offset 198 tonnes of carbon emissions each year, according to the report.

The Britam Foundation planted 86,000 trees in the Mt. Elgon Water Tower, restored more than 444 acres of degraded land and supported the creation of 1,358 green jobs in host communities, the company said. Britam stated that these activities contribute to its ambition of planting 60 million trees by 2030.

In May 2026, Britam introduced TAWI, which it described as a digital platform to coordinate, track, verify and measure tree-planting activities in real time for longer-term stewardship and accountability.

The group also highlighted health and governance indicators. Britam said that through its Lea Mama maternal health programme, more than 3,300 mothers were enrolled in 2025, contributing to a 50% reduction in miscarriage rates, and reported an average customer Net Promoter Score of 9.4 out of 10. On governance, the company said it recorded zero corruption incidents in 2025 and contributed KSh3.1 billion in taxes across its seven markets.

Hilda Njeru, Director, Legal & Sustainability and Group Company Secretary, said the latest disclosure reflects a broader focus on integrating sustainability into the business. “This reflects our understanding that sustainable growth requires strong governance and responsible leadership. Ultimately, sustainability is about thinking beyond the present and making decisions with the future in mind,” Njeru said.

Britam said the 2025 Sustainability Report is its third annual sustainability disclosure and the first to cover all seven markets under a unified ESG framework. For Kenyan businesses and investors, the figures provide insight into how insurers and financial services groups are positioning around climate risk, including scaling products aimed at agriculture, one of the most climate-exposed parts of the economy.

Britam operates in seven African markets and is listed on the Nairobi Securities Exchange. The company said sustainability is a core pillar of its Ascend 2030 strategy, with future milestones including continued scaling of parametric cover and the roll-out of tracking and verification tools for its tree-planting programme.