UAB Vie is a well-established life insurance company (33% life market share; 3rd largest insurer in Burkina of 8) with substantial experience in microinsurance. The Cauri d´or project – targeting informal workers and offering a life microinsurance product – has been pilot tested since 2003. The insurer’s key motivation is to help poor families to sustain microenterprise activities after death of the breadwinner by providing his/her relatives with capital during the transition. UAB is a Round 1 innovation grant recipient who will receive capacity building support with the implementation of information and communication technologies for improving the efficiency of data collection.
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