Madogo flood victims receive Sh14 million payout

Dec 16, 2023 - 16:58
 0
Madogo flood victims receive Sh14 million payout
David Ambutho, Social protection strategies officer at Oxfam addressing the press after releasing Sh 14.1 million in partnership with Britam Insurance to flood victims at the Bulla Baraka IDP camp in Madogo. Each household will receive Sh 47,000 over the next three months.

Garissa,

Saturday December 16 2023

KNA by Erick Kyalo

Some 300 households affected by the recent floods in Mororo and Madogo, Tana River County have received insurance claim payouts from Britam Insurance Company to rebuild their homes or purchase lost items.

Oxfam initially provided households with a premium subscription for insurance at Sh700, with a payout of Sh47,000.

The money will be disbursed in three phases (months), where the first and the second payout will see the households receive Sh12,109 each, while the remaining balance will be paid on the final phase.

According to Britam’s director for emerging consumers Saurabh Sharma, Britam is collaborating with the Tana River county government and other stakeholders to address the flood issue and find long-term solutions for the affected population. 

 The company is leading initiatives in climate insurance, developing innovative products to protect communities from natural disasters, and paying the first claim payout of Sh14 million to households.

David Ambutho, Social protection strategies officer at Oxfam said that his organization focuses on humanitarian interventions to support vulnerable communities affected by crises such as the recent floods in Tana River County.

Ambutho stated that the Flood insurance policy addresses residual risks that other interventions like mitigation or adaptation measures cannot.

“We are keen to also ensure that other livelihood options are also explored so that together with other stakeholders including the county governments we bring up ways of protecting the most vulnerable,” he added.

Tana River Deputy Governor Mahat Loka expressed the commitment of the county government to move people permanently from the flood prone areas along River Tana so that they avoid frequent loss of life and property.

 Loka stated that they are developing a plan to relocate people from flood-prone areas, but some residents are hesitant to move, despite alternative land options.

Courtesy; KNA 

 

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