Using microinsurance as an adaptation tool for the underprivileged

Thursday, April 5, 2018

Chairman of the Board of Pakistan Microfinance Network (PMN), Mr. Nadeem Hussain inaugurated the two-day workshop on Increasing Access to Inclusive Insurance, hosted by the Pakistan Microfinance Network (PMN) and the Microinsurance Network (MiN), with leaders of the sector in attendance last week in Lahore, Pakistan. Mr. Nadeem iterated the importance of innovation given the overall low penetration of life and health insurance in Pakistan and the bulk of life and health clubbed with credit products.

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Beyond data - leveraging technology for inclusive insurance

Monday, March 26, 2018
The 12th Consultative Forum (CF12) on the topic of InsurTech: rising to the regulatory challenge took place on 20 March in Colombo, Sri Lanka gathering high-ranking representatives from the regulatory and supervisory bodies (in Asia), industry, NGOs and other stakeholders. 
For InsurTech to facilitate the way to inclusive insurance, continued dialogue on regulatory approaches to innovation and consumer protection is necessary.
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Insurance sector looks to balance technological innovation and consumer protection

Monday, March 19, 2018
InsurTech promises vast potential for transforming the world of insurance. These emerging technologies and innovative business models are already disrupting the industry, and bringing positive changes to how inclusive insurance operates, fostering better product design and risk assessment, improving efficiency and reducing costs. These efficiency gains can lead to lower premiums, better client servicing and faster payouts. Ultimately they translate into greater access and better value for low-income and emerging consumers. But InsurTech innovation could also have negative implications, for example by potentially increasing the risks of cyber-attacks, or by excluding lower income and higher risk consumers.
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Asian microinsurance regulators and companies to meet in Manila

Friday, January 19, 2018

Insurance regulators from Indonesia, Mongolia, Nepal, Pakistan, Sri Lanka, Vietnam, and the Philippines will meet with industry players in Manila (Makati City), Philippines on 23-24 January 2018, to discuss how to strengthen financial protection for low-income people in the region through microinsurance.

They will discuss the use of digital technologies to reach more people, viable business models, disaster risk insurance (DRI) options for small and medium enterprises (SMEs) as well as microfinance institutions, and public-private cooperation.

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Microinsurance actuary consultant needed

Wednesday, December 20, 2017

Women's World Banking is seeking a microinsurance actuary/consultant for a period of one to two years to be a thought partner in developing sustainable microinsurance solutions by providing inputs on the actuarial prouct design and analysis of the organisation's microinsurance programmes across multiple countries, including products in life, health and savings.

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