The Microinsurance Centre :: AboutUs



	For:

" “At the same time I am an insurer, I feel a social responsibility to each of my customers.” "
- Antonio Santos
FENASEG

All presentations for the 4th International Microinsurance Conference have been uploaded.

Especially in these early days of the new and improved site, please send comments about any problems you experience to the administrator.

Personnel About the MicroInsurance Centre

History

Since its inception as an initiative of MicroSave, The MicroInsurance Centre has worked on several levels to promote responsible microinsurance. These include working with several action research associates from concept development to roll out and beyond with microinsurance products. We have conducted numerous case studies, and written extensively about lessons learned from these programs. We have taken an active role in the policy dialog at the level of the Working Group on Microinsurance, and with insurers and regulators in numerous countries, as well as with donors. There is an active effort to disseminate this information through a series of Briefing Notes, a well used web site, speaking engagements, and trainings. Some details of the various activities of The MicroInsurance Centre are noted below.

The MicroInsurance Centre is the only independent institution that is focused full time on actively promoting the partnership model of microinsurance. In this model, appropriate institutions are linked with regulated insurance companies to provide professional insurance products to the low-income market, while maintaining the risk where it belongs – with a regulated insurer. This method has proven to provide important risk management tools to low-income people, provide an important addition to the product line of intermediary institutions, and allow insurers to enter this market efficiently and profitably.

Microinsurance is now a topic of wide interest among insurers, donors, and intermediaries including microfinance institutions. It is critical that when these products are developed, they are done so in a responsible, professional, legal, and prudent manner. This is what The MicroInsurance Centre advocates through its writings and activities. In many ways, these activities and writings have set the agenda for microinsurance.

The potential for microinsurance is huge. The MicroInsurance Centre recently conducted a comprehensive landscape study of low-income people in the world’s 100 poorest countries finding that only 3% or 78 million are covered by formal microinsurance. The programs that the Centre is working with now have the potential to cover several million more lives with life insurance, health care insurance, endowments and other long-term savings, as well as property cover and other insu

Resources : Glossary : Home : Contributions : About Us