The 20th International Conference on Inclusive Insurance (ICII), held in Kathmandu, Nepal, in October 2024, was hosted by the Nepal Insurance Association, Life Insurance Association Nepal, Nepal Microinsurance Association, and the Nepal Insurance Authority, in collaboration with the Munich Re Foundation and the Microinsurance Network. The event represented another successful edition of the sector’s premier annual event as over 500 participants from 43 countries discussed opportunities and deliberated challenges in the inclusive insurance space.
This article captures the insights, challenges, and transformative ideas shared at ICII 2024, showcasing the power of inclusive insurance to drive economic development.
Insurance is a core pillar supporting economic prosperity, health, and well-being across the globe. Unfortunately, access to insurance remains limited to a privileged few, predominantly benefiting people and businesses in developed economies.
This disparity highlights a significant opportunity and a compelling business case for investing in the insurance sectors of emerging economies. Rising risks from climate change, urbanisation, agricultural development, and other global challenges further underscore the urgent need to mobilise insurance capital and deploy it effectively to address an increasingly complex risk landscape.
This article explores various investment channels and approaches that support inclusive insurance, shedding light on recent trends, challenges, and future opportunities.
SIUCOM was created to tackle some of Guatemala's biggest challenges, using one of today’s most innovative and impactful technologies: the Internet of Things (IoT). Its purpose is to transform how people interact with their environment and solve significant problems through efficient and sustainable technological solutions.
SIUCOM is a research and technology centre and a leading provider of IoT systems. By manufacturing its own equipment, it can adapt to customers' existing operations, offering tools to achieve more efficient and sustainable performance in the simplest way.
Our monthly newsletter Network Exchange is an invaluable resource for the extended inclusive insurance community, packed with articles and interviews on the latest trends, developments, innovations and debates in inclusive insurance, as well as forthcoming events and job openings.