Microinsurance penetration rate to reach nearly 50% in the Philippines by 2022

Friday, January 27, 2017
Philippines Insurance Commissioner, Dennis Funa has said that the micronsurance penetration rate in the country is expected to nearly double and increase from 25.4%, seen at the end of Q3 2016, to 48.7% by 2022. Of the 26 million Filipinos (roughly a quarter of the total population) protected by a microinsurance product, 59% (15.6 million individuals) were generated by the Microinsurance-Mutual Benefit Associations (Mi-MBAs), according to Mr. Funa.
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We are hiring

Thursday, January 26, 2017

The Microinsurance Network is hiring a Chief Executive Officer (CEO). The post-holder will be responsible for evolving and implementing the vision and strategy of the Network, and will be accountable for increasing its reach and relevance, building and driving strategies to ensure its financial sustainability. For more details on the role and information on how to express an interest in this position, please view the full Terms of Reference at the link below. The deadline for applying is March 15, 2017.

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The 7th Consultative Forum Briefing Note is out

Wednesday, December 14, 2016
In November 2016, the International Association of Insurance Supervisors (IAIS), the Microinsurance Network and the Access to Insurance Initiative (A2ii) organised the 7th Consultative Forum in Colombo, Sri Lanka, on “The role of mutuals, cooperatives and community-based organisations (MCCOs) in inclusive insurance markets”.
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Key takeaways from the 12th International Microinsurance Conference 2016

Friday, December 2, 2016
Innovation in technologies and their application in providing insurance to low income-people, climate change and disaster risk prevention, as well as a focus on Sri Lanka and drivers of growth in the Asian microinsurance market, were themes that permeated the 12th edition of the International Microinsurance Conference.
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8th Consultative Forum to be streamed live online

Thursday, December 1, 2016

Later today, over 80 representatives  from Latin American and Caribbean insurance supervisory authorities and the industry will gather in San José, Costa Rica for the 8th Consultative Forum on "Challenges and opportunities presented by alternative distribution channels". The event, co-organised by the International Association of Insurance Supervisors (IAIS), the Access to Insurance Initiative (A2ii) and the Network, will be streamed live online!

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12th IMC field trip: Discovering the Sanasa approach to mutuals

Thursday, November 24, 2016
Last Friday 18th of November, the Microinsurance Network took a small party of 20 participants from the 12th International Microinsurance Conference to visit the Cooperative society at Nawagamuwa, Sri Lanka, and find out about the Sanasa approach to cooperative mutuals. “The concept of mutuality is based on the fundamental premise...
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