Microinsurance has the potential to make a significant and enduring contribution to closing the people protection gap as it not only acts as a key enabler by protecting lives, livelihoods and assets against insurable risks, but also acts as a buffer for adverse events – providing critical risk mitigation, enhancing resilience and helping to attract capital to emerging economies.
However, the gap between current reality and the need for easy-to-access, affordable and relevant insurance products...