Features
The secret to closing the climate protection gap
Thanks to climate change, natural disasters are becoming more frequent and severe. This affects developing and emerging economies the most, in particular, those who have a strong reliance on climate-reliant activities such as farming.
But despite the obvious need for protection in this area, there is a lack of accessible and affordable insurance services. It is high time we ask ourselves why today’s insurance is insufficient to close the climate protection gap, what can be done to optimise it, and most importantly, how do we create insurance solutions that work for the most vulnerable.
Evolving insurance distribution models: meeting the needs of the most vulnerable
How are distribution models evolving to meet the needs of underserved households and communities?
While progress is undoubtedly being made, much more still needs to be done – and innovation will be vital - to ensure this isn’t a false dawn.
Country Focus: Ghana – a deep-dive into insurance regulation
With an already-flourishing inclusive insurance market and a decent set of enabling conditions, Ghana’s new Insurance Act seems poised to further accelerate inclusive insurance uptake. But why exactly has it led to a palpable excitement among market players and why has it been labelled “good” regulation? In this regulatory deep-dive, we strip down the legislation to examine its innovative features and to see if it ticks five crucial boxes of quality regulation.
MiN & Members: Events
MiN events
- MiN: Save the Date for our June Member Meeting (JMM) 2022 – celebrating 20 years of driving inclusion | 27-29 June | Online | Register now (members only)
- MiN: Looking Ahead – special open session at JMM 2022 – celebrating 20 years of driving inclusion | 29 June from 11:30 am - 12:30 pm CEST | Online | Register now (open to all)
- MiN: Peru country workshop | 22 June from 04:00 pm – 05:30 pm CEST | Online | Register now
- MiN, A2ii, RFPI & MEFIN: Asia Regional Dialogue on "The Role of Insurance and Data in closing the Climate Risk Protection Gap" | Watch the recording
- MiN, Cenfri, GIZ & ILO’s Impact Insurance Facility: Expert Forum – “MSME Insurance: The role of different partners to offer products that matter for enterprises | Watch the recording
Upcoming events
- ADA: Sustainable insurance: A meeting of two worlds | 6 July 2022 from 12:00 pm - 01:00 pm CEST | Auditorium of Banque de Luxembourg | Register now
- 48th AIO Conference – Insurance and climate change: harnessing the opportunities for growth in Africa | 25-30 June | Nairobi, Kenya | Register now
- Munich Re Foundation, FinProbity Solutions & TAG | 7th Eastern and Southern Africa Regional Conference on Inclusive Insurance: Inclusive Insurance Business Models for Africa | 13-15 July 2022 in Livingstone, Zambia | Register now
- International Conference on Inclusive Insurance 2022: 24-28 October 2022 | Kingston, Jamaica | Registration opens in August – stay tuned!
Recap past events
- CGAP: Digitising Micro & Small Enterprises for Financial Inclusion: Opportunities & Challenges | Watch the recording
- Microinsurance Master – “How to thrive in microinsurance”| Watch webinar
- Women’s World Banking & Swiss Re: How can insurance play a positive role in gender and income inequality? | Read summary and watch recording
- Women’s World Banking: Making Finance Work for Women 2022 | Thought Leadership Series | The last mile – agents paving the road to women’s engagement in financial services | Watch session
MiN, Members & Partners: News, Blogs, Jobs & Resources
- MiN: Nilofer Sohail joins our Board of Directors
- MiN, GIZ, Cenfri & ILO Impact Insurance Facility: How can digital platforms support the distribution of MSME insurance?
- MiN, GIZ, Cenfri & ILO Impact Insurance Facility: How can insurance providers leverage value chain aggregators to serve MSMEs?
- MiN, GIZ, Cenfri & ILO Impact Insurance Facility: How can lenders better protect MSMEs?
- MiN, ILO’s Impact Insurance Facility & MiCRO: Social Finance Brief – The Microinsurance Catastrophe Risk Organization: Providing parametric insurance to low-income populations | Download
- AXA’s Nadia Boughaba interviewed as experts in economic inclusion share their priorities for the future
- Blue Marble is recruiting for multiple positions – find out more and apply now
- Britam: Property risks faced by emerging consumers in Kenya and their current coping strategies
- Cenfri & IFAD: Happy International Day of Family Remittances – learn more about the Remittance Access and Innovation Programme
- Democrance, SCBF & AXA: Remittance-linked inclusive insurance for France-Senegal corridor
- Fundación PROFIN: Inclusive agriculture insurance for smallholder farmers | Watch video (in Spanish)
- IDF: A tripartite in-country project for flood insurance in Ghana, the Emerging Markets report and the Global Risk Modelling Alliance launched during the IDF Summit 2022
- IFAD: What is life like for farmers on Moldova’s border with Ukraine?
- ILO is looking for a Sustainable Investing intern for 3-6 months | Deadline to apply: 24 June
- MicroInsurance Centre at Milliman & IFAD – Risk and how to manage it: a missing piece in China’s poverty eradication story
- MiN members Nacional Seguros, Fundación PROFIN, RUS & Estacubierto.com partner to bring insurance to Bolivian migrants in Argentina (in Spanish)
- SCBF – Theory meets practice: How can blockchain technology help to scale customer-centric financial services today?
- UNDP: Climate Promise Progress Report
- UNEP/PSI: The Nairobi Declaration on Sustainable Insurance
- Women’s World Banking CEO on Fintech Beat podcast: There’s nothing micro about a billion women
Elsewhere in the sector...
- AFI: Building resilience to climate change through inclusive green finance
- Anticipation Hub & Munich Climate Insurance Initiative (MCII) workshop report: Anticipatory humanitarian action meets disaster risk finance
- Brazil:The late opening of the insurance market – recent advances (in Portuguese)
- How deeptech startup SatSure is turning satellite imagery into intelligence
- OKO: Technology helps farmers weather the storm (or drought) via crop insurance
- Parametric insurance in 2022: What do industry experts think?
- SCOR: The revelance of climate change for life insurance
- Swiss Re Institute: Reshaping the social contract – the role of insurance in reducing income inequality
- UNCDF: The Pacific Islands FinTech Innovation Challenge | Apply by 20 June