ICMIF Microinsurance Workshop - Putting Theory into Practice
The ICMIF Microinsurance Workshop "Putting Theory into Practice" will take place back to back with the 8th International Microinsurance Conference in Dar Es Salaam, Tanzania, from 4 to 5 November, 2012.
The two day workshop will enable participants to experience the key aspects of running a microinsurance scheme through a combination of a specially designed simulation, insights from experienced facilitators and a networking environment that facilitates sharing of knowledge amongst participants.
More information on event
Advisor on innovative insurance solutions for adaptation to climate change at GIZ
GIZ is seeking an advisor on innovative insurance solutions to prepare conceptual approaches for use in the field of climate insurance (agricultural insurance, natural disaster insurance) and share them with the interdisciplinary insurance working group at GIZ. The work will draw on current scientific debate, agendas of diverse international platforms and the know-how of leading insurance companies.
The candidate will develop advisory tools, focusing on the conceptual and strategic issues involved in building integrated risk management systems in order to reduce climatic and natural risks that threaten the agricultural sector as well as public infrastructure.
More information on vacancy
MicroInsurance Centre receives the Insurance Organisation Award
Business Insurance, 17 june 2012
On June 2012, the MicroInsurance Centre and its founder and president, Michael J. McCord, received the Insurance Organisation Award from the Midwest Insurance Innovation and Leadership Awards and Hall of Fame sponsored by the Katie School of Insurance at Illinois State University. They were honoured for the organisation's efforts to help people in 60 nations over 16 years to get insurance at a good value to protect their businesses and other assets.
Read article or watch video
Interactive launch of the Microinsurance Compendium, Vol. II available on Livestream
Livestream.com, 4 July 2012
The ILO's Microinsurance Innovation Facility organised an interactive session with the authors of the Microinsurance Compendium, Vol. II to provide an overview of the major trends of the microinsurance sector and offer the possibility to interact with some authors.
Find all the photos, videos and text updates of the event here
Latest news from MicroEnsure: MicroInsurance Matters n°14
The new edition of MicroEnsure's newsletter is available and focuses on the recent activities of the organisation:
- MicroEnsure Kenya launches credit redundancy cover
- Transforming claims turnaround time
- MicroEnsure and Idiom join forces to build new generation insurance system
Allianz video interviews: Real-life microinsurance stories
Allianz, 2 July 2012
The stories come from India, Indonesia and Colombia, countries where Allianz is active as a microinsurer. Allianz collaborated with GIZ to conceive and produce these films as a representative picture of the role microinsurance plays in the daily lives of low-income people.
The videos are a glimpse of the nearly four million people Allianz currently serves with microinsurance. “We still face many challenges in delivering real value to our microinsurance customers," says Martin Hintz, who coordinates microinsurance activities for Allianz Group. "What strikes me in these videos is that insurance awareness is still low. People may already have a policy. And still they often don’t fully understand how insurance works and who their insurer is. They don’t feel confident enough to rely on insurance. It does not provide them with real 'peace of mind' yet. So customer education is definitely something we need to work on.”
Watch the microinsurance video series
Report of the High-level Seminar on microinsurance regulation for supervisory authorities available
Access to Insurance Initiative, June 2012
On May 2012, the African Insurance Organization (AIO), the Access to Insurance Initiative (A2ii) and the programme Promoting Financial Sector Dialogue in Africa: Making Finance Work for Africa (GIZ/MFW4A) hosted for the second time the High-level Seminar on microinsurance regulation for supervisory authorities in Khartoum, Sudan back to back with the 39th AIO Conference.
The seminar focused on policy and regulatory options supervisors have to motivate their industry while at the same time protecting consumers. Supervisors presented the status quo in their countries confirming that the market potential is huge, with the vast majority of people still unprotected and even entirely unfamiliar with insurance. They also confirmed that a proactive attitude by the supervisor can make a difference in motivating the industry to enter the low-income segment. During the seminar, participants discussed the several main topics and debated options for actions to be taken by insurance supervisors.