The microinsurance team is planning to develop an incentive system. Improved marketing and customer education planning is in progress. Process refinement is being discussed with XB.
As of April 2011, the microinsurance project has expanded from the two pilot branches to four branches. Tenger is planning to expand the pilot to a 5th branch in Darkhan, the second biggest city in Mongolia in the near future. In addition to these 5 branches, Tenger is also planning to expand the pilot to three more rural branches. They are planning to recruit new university graduates, who would spend some of their time working on the microinsurance project.
Date of last Learning Journey update: September 2011