Prototyping aims to gather direct feedback on the solution and the wider insurance scheme, incorporate changes before pilot testing, and make any additional adjustments before the official roll-out.
The ToRs include an outline of the required steps and processes, a timeline and a list of deliverables, together with information on the profile of the service provider or team of experts.
These are model terms of reference (ToRs) for use by project designers and implementers in development organizations and governments. The objective of the ToRs is to support the contracting a specialized service provider to carry out one or more agricultural and climate risk insurance feasibility studies within the context of an IFAD-financed project or similar initiative.