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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What did we learn from the 13th IMC?

Thursday, November 30, 2017
The 13th International Microinsurance Conference, which took place on 7-9 November 2017 in Lima, Peru, brought together over 450 participants from all corners of the world to discuss how to accelerate the growth and improve the economic viability of microinsurance.
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Key takeaways from the 13th IMC

Tuesday, November 14, 2017
As the 13th International Microinsurance Conference (13th IMC) came to a close last week in Lima, Peru, a number of key takeaways were delineated by Maria Victoria Saenz, Lead Operations Specialist at the Multilateral Investment Fund of the IDB and former Network Board member; Doubell Chamberlain, Chair of the Board at Microinsurance Network; Eduardo Moron, President of APESEG; and Dirk Reinhard, Vice Chairman at Munich Re Foundation, during the closing session. Here below a brief summary of some of these key takeaways:
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