Member profile: Kashf Foundation

Thursday, June 14, 2018

To kick off our new member profile series, we feature the Kashf Foundation, based in Pakistan.

The Kashf Foundation is the largest provider of microinsurance in Pakistan with more than 400,000 clients and 1.5m lives covered under health insurance. Kashf - who joined the MiN this year - started by offering microcredit in 1996, added credit-for-life in 2002 and health cover in 2007. They currently operate 291 branches covering 50 districts across Pakistan. We caught up with CFO Shahzad Iqbal at the June Member Meeting to find out what lies behind the Kashf success story.

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June Member Meeting: MiN and the big picture

Thursday, June 14, 2018

Big picture, big opportunities, big challenges, big insurance, big data - there was a lot of bigging up at the MiN June Member meeting held in Luxembourg last week. The main theme to emerge from two days of intense, and sometimes controversial debate was, where does the MiN fit into the bigger global sustainability agenda? And, as a consequence, another big question - how should the MiN position itself - micro, inclusive, sustainable, mass, popular?

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Client journeys into microinsurance

Thursday, June 14, 2018

There was an impressive turnout for the 44th Midi of Microfinance on the theme of “Client Journeys into Microinsurance” hosted by ADA, with the support of InFiNe.lu and Arendt & Medernach, as well as the collaboration of the Microinsurance Network (MiN) at Arendt House in Luxembourg last week.

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Ten years of inclusive insurance experience rolled into one week

Wednesday, June 13, 2018

The ILO's Impact Insurance Facility is organising an Impact Insurance Academy through a combination of plenary sessions tailored to participants, as well as activities, case studies and intensive discussions. This will aim at offering a dynamic learning environment for attendees and experts from all around the world to discuss developing inclusive insurance.

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Microinsurance policy responding to protection needs of crafts workers in Bolivia

Wednesday, June 13, 2018
Over 500 craftsmen and women from the OEPAIC Network (Cultural Crafts Workers Network - loosely translated from Spanish) have purchased a life/accident microinsurance policy for a yearly premium of USD 5.4.
 
This inclusive policy covers the insured, in cases of natural and accidental death, as well as medical expenses up to USD 300 for accidents.
 
Ms.
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African smallholder farmers get USD 1.5m insurance payout

Friday, May 18, 2018
Low rainfall in parts of Africa has triggered the largest insurance payout to date for vulnerable farmers under the World Food Programme and Oxfam America's joint R4 Rural Resilience Initiative (R4), an innovative climate risk management scheme.
 
Farmers in Ethiopia, Kenya, Malawi, Senegal and Zambia, who are participating in R4, will receive insurance payments totalling USD 1.5m to compensate for weather-related crop losses.
 
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