Many inclusive insurance products are gender-neutral and can neglect women’s specific needs. Developing products for women is often hindered by a lack of data. Data on gender can help insurers and policymakers understand different market needs. Sex-disaggregated data can lead to targeted policies, more accurate risk assessments and products better suited to different customer segments.
However, perceived limited value by insurers and varying collecting methods have impacted policies and decision-making processes – particularly for regulators. Regulators...