The Microinsurance Network is a member-based network of organisations active in microinsurance. Its mission is to promote the development of good-value insuranc
This Italian info-graphic by the Human Foundation translates in a pictorial manner the fundamentals of microinsurance activity.
How does gender affect the costs and coping mechanisms related to a health-related shock? Findings from a new MILK study indicate that women bear a larger non-financial burden of illness. This info-graphic provides a sneak peak at the upcoming study, which is based on MILK's client value and business case research with two health insurance programs in Kenya. Full MILK Brief coming soon!
Mobile phones are increasingly used throughout the microinsurance value chain to enable access to insurance for millions of people who otherwise would have no cover. These products are not only growing in number, but they are reaching people in many of the world’s poorest countries.
This publication discusses the current state of agricultural insurance markets in the world, highlighting the main lessons that can be drawn from experiences in implementation in view of promoting its expansion.
Over the course of three years, the MicroInsurance Centre's MILK project conducted 15 client math studies in 10 countries for a range of life, property, and health microinsurance products. This paper brings together lessons about the value that products provide to clients, exploring nuances around when, how, and to what degree.
Members of a self help group attending a lecture on the importance of availing micro insurance policies.
Fire incident is an omniscient threat in Jakarta, which made Jakarta Provincial Government applies early protection by insuring 3,000 houses owned by underprivileged citizens in 11 sub-districts in the capital city. The insurance was given considering the high fire incident occurrence in the capital city, especially in densely populated areas.
Despite increased attention on the need to bridge the global financial inclusion gap, much of the adult population in the developing world still does not have bank accounts. Many do not have convenient access to traditional financial services either. But the gap is decreasing, a recently released report on financial inclusion finds.
Poor people’s need for appropriate products mean that they need a range of products (just as you and I do) to reflect their life cycle. They also need disciplined systems that break down their accumulation of lump sums into small manageable amounts (saving up, through or down).
This guide aims to support implementers in designing and administering client centred and viable microinsurance schemes. The publication takes stock of the learning in health microinsurance and offers practical advice on how to go about implementation.
The key to understanding poor people’s financial management is to understand how they make decisions and what influences decision making.
This joint paper between CGAP, KfW and MIX finds that the operating costs of MFIs remain the largest determinant of microcredit interest rates.
IFC and CGAP released ‘Financial Access 2012: Getting to a More Comprehensive Picture’, which assesses the state of global financial inclusion
Microinsurance is not an end in and of itself for stakeholders in the development sector. Governments, donors, and other development actors support it to achieve broader objectives like contributing to the reduction of poverty, reducing maternal and infant deaths, increasing productivity in the agricultural sector, reducing child labor and so on. These are some of the potential impacts microinsurance might unfold.
The Funder Discussion Group of the Microinsurance Network (MIN) includes donors and investors supporting microinsurance. The group has identified “7 Top Opportunities” for funders to contribute to the healthy development of the sector, illustrated by a sample of activities carried out by the Network and its members
Microinsurance in Africa: Drammatic growth but still challenges ahead
SAJIDA (Bangladesh) designed its insurance product to cover the most important risks faced by its clients. SAJIDA ensures that clients understand and benefit from it through tangible benefits and thorough client education. The first ten minutes of weekly client meetings with loan officers are focused on client education.
This paper provides a critical review of the microinsurance landscape in Bangladesh by examining microinsurance research and projects, the current and potential demands for microinsurance and gaps in policy and institutional frameworks.