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THE MICROINSURANCE INNOVATION FACILITY

pushes the frontier of microinsurance around the world

MICROINSURANCE

protects the lives and enhances the livelihoods of low-income people

OUR VISION

a world in which billions of low-income people better manage their risks and break the cycle of poverty

OUR MISSION

to learn how insurance can benefit low-income households

WITH OUR PARTNERS

we investigate better ways to protect the lives and enhance the livelihoods of low-income people
PRODUCT
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Products must offer good client value and be viable.

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Health
Agriculture
Life
Property
Savings-linked
Value-added services
Composite products
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CLIENTS
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Millions of low-income households still do not have access to quality insurance products.

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Consumer education
Demand
Impact
Improving value
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VIABILITY
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Microinsurance can achieve viability, but doing so is an iterative process.

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Business models
Partnerships
Business viability
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DISTRIBUTION
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Insurers need to deliver microinsurance through a wide range of distribution channels.

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Financial institutions
Mobile network operators
Retailers
Other channels
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OPERATIONS
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Processes across the insurance value chain should be efficient and provide client value.

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Product development
Promotion
Sales
Enrollment
Premium collection
Claims
Renewals
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TECHNOLOGY
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Technology is key to achieving the efficiencies needed to provide valuable microinsurance.

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Client interface
Transaction processing
Data analysis and processing
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MARKET DEVELOPMENT
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A structured process bringing together all stakeholders can accelerate market development.

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Subsidies
Consumer protection
Policy and regulation
Country experience
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News

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New website launched
We are excited to announce the launch of our newly-designed website.
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One key for bringing health care to the masses
Craig Churchill, the team leader of the Facility, blogs about microinsurance.
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Literature review on the impact of microinsurance
This review provides an overview of the state of research on the impact of microinsurance. Blockchain technology can be used in microinsurance by simplifying the claim processes. This technology is behind digital currencies. Crypto trading is gaining wide acceptance recently. Traders may take the chain reaction test to find a reliable trading platform for effective trading.
 

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