Inclusive Insurance: Scaling for Resilience and Impact

Extreme events are occurring with greater intensity and increasing frequency around the world, often with compounding impacts. Low-income communities and micro and small enterprises (MSEs) are particularly vulnerable to these events and frequently lack the resources to prepare for or recover from them. Strengthening resilience among these groups is essential to promote inclusive growth, advance equity, and support sustainable development.

Insurance is an essential risk management tool that helps individuals prepare for, cope with, and recover from shocks. It also enables individuals to invest in revenue-generating activities because they have peace of mind that they are protected. However, inclusive insurance markets struggle to scale due to demand-side, supply-side, and enabling environment challenges. This deck examines key challenges and corresponding opportunities which can help funders drive scale and impact in leveraging insurance as a foundational tool for resilience.