ILO's Impact Insurance Facility

Organisation short name: ILO's Impact Insurance Facility
Description (bio):
The ILO’s Impact Insurance Facility is enabling the insurance sector, governments, and their partners to embrace impact insurance to reduce households’ vulnerability, promote stronger enterprises and facilitate better public policies. Uninsured risk has devastating consequences on future generations and constraints their entrepreneurial potential. But in many developing countries, the insurance industry is not yet fulfilling its potential. We continue to build on our past achievements, and remain at the forefront of learning and innovating for better products and strategies to achieve greater impact. We transform this knowledge into practice and are expanding our role as a global hub for capacity development. We work intensively with governments, insurers and other stakeholders to strengthen insurance markets and embed insurance in strategies to reduce the vulnerability of populations and boost the productivity of economies.
Type of organisation: International organisation
Region (where based): Europe and Central Asia