Member profile: BIMA

Thursday, February 20, 2020

BIMA uses mobile technology to disrupt the global insurance and health industries and fuel inclusion. We spoke to Mathilda Ström, Deputy CEO and member of the MiN Board about challenges in regulation, the importance of customer education and the insurance gender gap, among other hot topics.

MiN: How has BIMA got to where it is today?

read more

InsurTech - debunking myths and solving challenges across the value chain

Thursday, February 20, 2020

InsurTech can address some big challenges: lack of consumer knowledge, lack of access to consumers, differing consumer needs, low trust, inexperienced customers and high-cost structures. However, InsurTechs tend to focus mainly on increasing access and lowering costs, and many are still stuck at the digitisation stage. There has been some movement away from MNOs, although there’s been a rise in partnerships with e-commerce and e-hailing platforms. Greater use of data and analytics includes machine learning and AI, chatbots, telematics and smart contracts.

read more

Gender-sensitive climate risk insurance: building resilience and growing markets

Thursday, January 23, 2020

In the first six months of 2019 alone, seven million people were displaced by Cyclone Idai in southeast Africa, Cyclone Fani in south Asia, Hurricane Dorian in the Caribbean, and flooding in Iran, the Philippines and Ethiopia. German reinsurer Munich Re estimated total losses from climate and weather events in 2017 were US$320 billion, the largest amount ever recorded.

read more

The business case for microinsurance (revisited)

Thursday, December 12, 2019

For the final Expert Forum of 2019, our panel of experienced professionals revisited the 2014 Microinsurance Learning and Knowledge (MILK) Project which concluded: “Microinsurance is a business of doing good, and if done well, it is also good for the companys bottom line.”

read more

Member profile: World Food Programme

Thursday, December 12, 2019

MiN spoke to World Food Programme’s Insurance Advisor Mathieu Dubreuil and Financial Inclusion and Risk Financing Specialist, Josh Ling about the importance of disaster risk management, measuring the impact of insurance and the need for a regional approach to sharing and learning.

MiN: What is the main focus of World Food Programme (WFP)?

read more

From relief to preparedness: including insurance in disaster risk management strategies

Tuesday, December 3, 2019

Key messages from IAIS-A2ii-MiN-InsuResilience Global Partnership Consultative Forum in Bangladesh
Written by the Access to Insurance Initiative and the Microinsurance Network

Climate change is increasing the already-massive impact natural disasters have on the poor and vulnerable. Insurance as part of an integrated risk management package can play a vital role in building greater resilience and protecting individuals and communities; however, it is currently falling short, and there remains a significant insurance protection gap to address.

read more

Pages

Subscribe to News