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Welcome to the MicroInsurance Centre, LLC.
We are a consulting firm dedicated to generating access to valuable microinsurance products for 3 billion low-income people across the globe.
We accomplish this by working with regulated insurers and appropriate delivery channels, who efficiently provide simple, market responsive microinsurance products. Our clients include commercial insurers, foundations, bi- and multi-lateral development agencies, regulators, NGOs and others. These organizations work with us to ensure the best potential for success with their microinsurance activities. Our work with clients includes various aspects of microinsurance from product development and training to research and advocacy. Our team has implemented microinsurance activities in over 60 countries over the last sixteen years. If you’d like to learn more about what we do visit the About Us section.
MILK well-represented in Jakarta
The Microinsurance Centre's MILK project was well represented at the 9th Annual International Microinsurance Conference, which took place November 12th - 14th in Jakarta. Lessons from client value and business case studies were presented during six different sessions over the course of the three day event.
Barbara Magnoni kicked things off for MILK during the first parallel session on health with her presentation on Comprehensive vs. sliced health microinsurance: the value of subsidy. Meanwhile, Jonathan Bauchet presented the findings from MILK's randomized control trial in his presentation Price, information, and demand for life microinsurance: and experiment in Mexico. Addtionally, in the parellel session that focused on life microinsurance, Barabara took the stage again with her presentation on The value of claims speed in microinsurance: not always what we think.
From the business case side, Rick Koven presented Business case for health microinsurance: examples from Kenya and India, while Clemence Tatin-Jaleran presented Catastrophe microinsurance: is there a business case?
In the conference exhibition area, MILK released its new publication, Beyond the Actuary's Guess, which discusses the combined lessons from 15 client math studies regarding the client vlaue of microinsurance.
Michael J. McCord and Craig Churchill wrapped up the conference with an epic presentation in the final plenary session: The magical balance. They provided 'Top 5' lessons regarding both business case and client value, based on the combined learnings of the MILK project and the activities of the ILO's Microinsurance Innovation Facility. They concluded with examples of institutions and programs that are striving to find a balance between these objectives, showing that focusing on one doesn't mean a tradeoff with the other, but that there can be synergies between the two.
Presentations from the 2013 Asia Distribution Conference
The Conference was held from the 20-21 November 2013 at the Renaissance Kuala Lumpur Hotel
Kuala Lumpur, Malaysia
Asia Distribution Conference Presentations -click here to view-
This meeting to examined global and regional issues. Attendees will learned invaluable information in key strategic areas driving market success. Additionally, attendees had a unique opportunity to meet with peers, industry analysts, and regulators to gain their perspectives on what it takes to succeed in today's business environment.
Michael J. McCord speaks at Foromic Forito to mark the release of the Landscape of Microinsurance in Latin America and the Caribbean
Key microinsurance industry stakeholders recently gathered at the "Microinsurance Learning Sessions: Latin America and the Caribbean," held in Guadalajara, Mexico, prior to the XVI Foromic. MicroInsurance Centre president Michael J. McCord gave the key note address at the event, during which he discussed the gaps and opportunties identified by the recent Landscape of Microinsurance in Latin America and the Caribbean study. The landscape study was conducted by the the MicroInsurance Centre for the Inter-American Development Bank's Multilateral Investment Fund, with support from Citi Foundation and the Munich Re Foundation. Watch the presentation, download the full study for use in your own organization, and explore and download country-level data in the interactive maps.
NEWS!
The Microinsurance Network just released several exciting articles including one on microinsurance and how it relates to the recent disaster in the Philippines, 9th International Microinsurance Conference Hilights from Jakarta, a presentation given by Craig Churchill and Michael J. McCord on the role of governments in microinsurance, and much more! Click this link for all the details!
New Post: The Centre for the Study of African Economics (CSAE) just released a blog which evaluates the 2014 World Development Report. The author of this blog concludes the post by saying "what we really need is a riskier approach: a report which applies a consistent analytical framework and uses it to identify the opportunities available to the development world to make progress on that years theme". Click here to read his evaluation of the report to better understand his concluding statement!
New MILK study: Doing the Math with Women's Health Microinsurance in Guatemala. Read the full MILK Brief, or get the highlights in the Condensed MILK.
Latest Additions
- Beyond the actuary's guess - lessons from 15 studies on client value of microinsurance
- High-touch vs. Low-touch Microinsurance: exploring trade-offs in low cost distribution (Infographic)
- Are Remittances Insurance? (Infographic)
- Business case for health microinsurance: examples from Kenya and India (PPT)
The MicroInsurance Centre is the recipient of the 2012 Insurance Organization Award from the Midwest Insurance Innovation and Leadership Awards and Hall of Fame sponsored by the Katie School of Insurance at Illinois State University.
