ARC Replica is a parametric (index) insurance product offered by ARC Ltd to World Food Program and other humanitarian partners as an approach to expand climate risk insurance coverage to more people and improve the effectiveness of emergency humanitarian response. ARC Replica Coverage allows UN agencies and other humanitarian actors to match ARC country insurance policies. By matching country policies, international resources would be used more cost-effectively through participation in ARC’s government-led risk management system while doubling the coverage of climate risk insurance. Humanitarian agencies would purchase replica insurance policies, thus doubling the level of coverage in each participating country.