Former UCC student awarded for creation of index-based insurance for farmers
A first year Ph.D. student at University of Wisconsin School of Business, received the Best Paper Award from the Journal of Insurance Issues and for his creation of an index-based insurance formula to provide stability to farmers in developing countries.
Adolph Okine’s formula provides a way to insure farmers whose farms face unpredictable weather patterns.
Originally from Ghana, Okine earned his Bachelor’s degree in actuarial science at University of Cape Coast. He then completed his masters at Illinois State University before joining UW’s Ph.D. program. Read more at http://bus.wisc.edu/knowledge-expertise/newsroom/news-features/2015/12/16/wsb-ph-d-student-honored-for-innovative-approach-to-insuring-agriculture-losses