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Microinsurance Innovation Facility: Fourth Round of Innovation Grants!

The ILO's Microinsurance Innovation Facility launches a new call for grant proposals to encourage insurance providers to experiment with new products and develop strategic partnerships that will bring effective and affordable products to working poor in developing countries. 

This call has a special emphasis on health microinsurance, but also welcomes applications for projects focusing on high-impact products and innovative distribution channels. Microinsurers that have the potential to provide better insurance products to many low-income people but need their capacity to be to strengthened can also receive support.

Applications must be submitted at the latest by 2 March 2010.

Application forms and guidelines are available on the Facility's website

Micro Insurance Academy published 4th edition of Micro Insurance Voices

The 4th edition of Micro Insurance Voices, the newsletter of the Micro Insurance Academy (MIA) is available now. In addition to news from partners and microinsurance in general, this issue provides an update of recent activities:

  • The completion of a preliminary baseline study in Nepal, in partnership with Save the Children, Nirdan DEPROSC, and the Center for Microfinance.
  • An innovative research consortium project to assess the impact of community-based health insurance in Northern India
  • The 3rd Reinsurance School, a unique training event on the opportunities of reinsurance for Micro Insurance Units
  • The launch of a feasibility study on enterprise-based social security across Bangladesh, China and Vietnam
  • The progress of our micro health insurance roll-out in Orissa (India), with a video on the recent Awareness Campaign
  • and much more!

LeapFrog Invests $6M in AllLife, Innovative African HIV and Diabetes Insurer

PR Newswire, 2 December 2009

LeapFrog Investments has announced a ZAR 50 million (over US$6 million) investment in AllLife, the innovative South African insurer serving people living with HIV and diabetes. The investment brings together LeapFrog, the leading microinsurance investment fund, and AllLife, one of Africa's most innovative insurance businesses. The announcement took place after World AIDS Day.

"AllLife has developed a distinctive and profitable business model, reaching customers that other insurers have been unable to access," says Gary Herbert, a LeapFrog Principal. "LeapFrog is providing AllLife's team with support to grow their client base by several multiples, and expertise to help management cascade their unique systems into new products and markets."

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