All News and Announcements

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IBISA Raises $3 M to Scale Parametric Insurance Solutions, ​Strengthening Climate Resilience Across Asia and Africa

Leveraging innovative satellite and actuarial technologies, IBISA designs and operates parametric insurance products that promote financial resilience in regions where communities are the most vulnerable to the impacts of extreme weather events.

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Britam and Habitat for Humanity Expand Partnership to Strengthen Property Insurance Penetration Rate in Kenya

Britam General Insurance and Habitat for Humanity International (HFHI) – Terwilliger Centre for Innovation in Shelter (TCIS), have signed a Memorandum of Understanding (MoU) to tackle the low market penetration of property insurance, which currently stands at 0.5%. 

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Latest Landscape Study Underscores Urgency To Close The Microinsurance Gap

By tracking the uptake of inclusive insurance products and services based on data from 2022, the report sheds light on emerging trends aimed at closing the protection gap for vulnerable populations worldwide. 

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Call for Proposals: International Conference on Inclusive Insurance 2024

The submission deadline for proposals and draft papers is 9 May 2024. The conference will take place from 21-25 October 2024 in Kathmandu, Nepal.

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Blue Marble Launches Climate Adaptation Project With Support From USAID

With a grant from USAID, Blue Marble will scale an innovative financial product in Kenya to strengthen the climate adaptation of coffee farmers connected to global supply chains.

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Empowering Last-Mile Communities With Parametric Insurance and Financial Inclusion Services in the Pacific

The 27th Consumer Empowerment and Market Conduct and 10th Inclusive Green Finance Working Group came together on 4-7 March to discuss how financial services that target ‘last-mile’ communities, such as parametric insurance, can be more customer-centric and empowering.

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Access to Insurance Initiative and United Nations Capital Development Fund Launch Training on Index Insurance

These programs are designed to empower insurance supervisors and other stakeholders engaged in the development of index insurance markets, particularly in Emerging and Developing Economies.

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IFC and Protecta Security Announce Issuance of a $25 M Dollars Subordinated Bond to Increase Access to Insurance in Peru

The financing will help Protecta Security focus on lower-income segments through digital channels and the development of exclusive insurance products for women, a milestone in Peru.

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Microinsurance Master Announces the Launch of Its Sixth Annual Accelerator Program in 2024

The Microinsurance Accelerator Program is open to visionary CEOs and decision-makers committed to thriving by mitigating risks for the underserved.

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Fiji, India and UN Join Hands to Launch Ambitious Project to Scale Climate and Disaster Risk Financing Framework and Parametric Insurance in Fiji

This initiative refines and expands coverage of the parametric insurance product that was first launched in 2021 and aims to strengthen Fiji’s financial resilience against climate change and natural disasters.