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Webinar on managing partnerships in microinsurance

Many microinsurance programmes involve some type of partnership structure and good management of such partnerships is often a pre-requisite for the success of the programme. What are the success factors in managing these partnerships? What strategies have worked so far and what pitfalls should be avoided? What tools can be used in partnership management?

To initiate discussions around these questions, the ILO’s Microinsurance Innovation Facility invites you to an interactive session on “Managing Partnerships in Microinsurance”. Learn about the initial findings of a thematic study by the Facility on this topic and engage with practitioners who will share their experiences on partnership management.

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Microinsurance prototype scrapped in the Philippines

Business World Online, 1 February 2012

Plans for a prototype microinsurance product that combines life protection and savings have been scrapped by the Filipino government. Instead, the German Agency for International Cooperation (GIZ) is designing a life insurance product with simplified features to make it more accessible to the poor.

GIZ is currently aiding the Insurance Commission (IC) in developing a microinsurance framework and prototype products and has funnelled 3 million EUR in aid for the Philippines’ microinsurance programme since 2009. The assistance is scheduled to expire by the end of 2012.

"We decided not to pursue the life-savings product anymore because it will compete directly with the services offered by microfinance institutions and banks," GIZ Senior Finance Adviser Dante O. Portula said.

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