Newsletter - December 2025 | Microinsurance Network

Feature

Radiant Yacu: “We have come far, but have a long way to go”

At the European Microfinance Award 2025 in Luxembourg, Radiant Yacu’s win marked a defining moment for both the company and Rwanda’s microinsurance sector. The award recognised not only a series of firsts – Rwanda’s first winner and the first specialised microinsurance provider to take the prize – but also years of work to make insurance accessible, affordable and trusted by low-income households. For Radiant Yacu, the recognition goes beyond prestige: it reinforces confidence among partners and clients, validates its customer-centred approach to claims and distribution, and energises a next phase focused on digitalisation, partnerships and reaching more vulnerable communities, while acknowledging that much work still lies ahead to close the protection gap.

Blog

How Premium Support Strengthens Climate Resilience in Pacific Island States

By Sheldon Chanel and Akata Taito (United Nations Development Programme)

As climate risk insurance expands across Pacific Island States, affordability remains a decisive barrier for low-income households and small businesses. Drawing on new research from UN University’s Institute for Environment and Human Security, this blog examines how well-designed premium support schemes – using subsidies, concessional finance and guarantees – can help close persistent protection gaps. It also outlines how UNCDF’s proposed Insurance Guarantee and Financing Facility aims to translate these insights into practice, supporting sustainable insurance markets while extending coverage to those most exposed to climate shocks.

Meet our new institutional members

Kshema Foundation

Kshema Foundation is a global nonprofit dedicated to advancing financial resilience, social protection and sustainable development for underserved communities at risk of poverty and climate disruption. Its mission is to expand access to inclusive social and financial solutions, empowering rural and marginalised populations through capacity building, advocacy, community engagement and accessible financing models rooted in innovation and equity. Kshema Foundation partners with local stakeholders to deliver data-driven programmes, promote environmental sustainability and strengthen resilience against economic and climate-related shocks. With a focus on systemic change and the United Nations’ Sustainable Development Goals, the foundation supports scalable, community-centred solutions that enhance long-term prosperity and inclusion.

BRAC

BRAC is a global development organisation founded in Bangladesh in 1972 with a mission to empower people and communities living in poverty, illiteracy, disease and social injustice by addressing the root causes of inequality and unlocking human potential at scale. It works across Asia and Africa with an integrated model that combines social development, economic opportunity, education, health services, humanitarian response and financial inclusion to create sustainable, community-led solutions that enable lasting change. BRAC’s holistic, data-driven approach reaches tens of millions of people through programmes in microfinance, education, healthcare, livelihood support and social enterprise, aiming to expand opportunity and resilience for vulnerable populations worldwide.

MiN, Members & Partners: Upcoming Events

Recap past events:

Invitation to join the University of Cambridge’s Landmark AI in Finance Study (extended deadline!)

The Microinsurance Network is pleased to support the AI in Financial Services 2030 research programme, benchmarking how AI is transforming financial services and oversight across regulators, institutions, and solution providers. The programme is launched by The Cambridge Centre for Alternative Finance, in collaboration with BIS, WEF, World Bank, IMF, IDB, CGAP, FII and FCDO and other international partners.

The survey will take approximately 30 minutes to complete and is open until 22 December 2025. Your organisation will be acknowledged in the final publication and has the opportunity to join convenings with regulators, industry leaders, and policymakers to discuss preliminary findings and explore strategies for responsible AI adoption in financial services.

Who can participate in the survey?

Any financial institution or fintech company using AI in its business or offering AI solutions can contribute. Acces the survey: