This paper explores challenges and good practices in consumer protection in microinsurance, defining “consumer protection” as the effective use of microinsurance products by low-income consumers to protect themselves against risk.
The International Microinsurance Conference Learning Session focused on future developments in microinsurace and how lessons learnt and international best practices can be adapted for adoption in Nigeria.
The areas of this study included data collection, communications, management information systems and services to support microinsurance practitioners and to support capacity building groups working with these organizations.
The benefits of regulation are understood to some extent and stakeholders are interested. The present document explores some technical and conceptual key issues for microinsurance regulation, which emerge from literature and inputs from experts.
This paper explains the current state of microinsurance; its important role in developing inclusive financial systems particularly in emerging markets, and why it needs to be regulated and supervised along professional lines.
This document presents the synthesis of five country case studies on the role of regulation in the development of microinsurance markets. The country case studies can be found at the Working Group webpage.
This paper recognises that MCCOs play an important role to improve the effective provision of insurance services in some jurisdictions to groups of the population that would otherwise be underserved or not served at all.