Thursday, October 29, 2015
The ILO´s Impact Insurance Facility and African Reinsurance Corporation (Africa Re) have signed a partnership, entailing the support and enhancement of the development of microinsurance markets in African countries.
The agreement will aim specifically at developing the capacity of insurance providers to offer valuable insurance products to low-income people, as well as at promoting collaboration and the exchange of good practices between countries.
Michal Matul, Chief Project Manager of the ILO´s Impact Insurance Facility was delighted at the collaboration, saying, “We are thrilled to collaborate with Africa Re to extend better insurance coverage to more low-income households, small enterprises and smallholder farmers. We believe that Africa Re´s relationship with the insurance industry and governments across the continent will provide a strategic entry through which we can jointly promote the impact insurance agenda.”
To read the full press release, click here.
Join the conversation on driving growth in microinsurance markets, by registering for the 11th International Microinsurance Conference (IMC) in Casablanca, Morocco from 3-5 November.