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The Access to Insurance Initiative
The Initiative is a global programme to
- strengthen the capacity and understanding of insurance supervisors, regulators and policymakers,
- facilitate their role as key drivers in expanding access to insurance markets, and
- support the implementation of sound policy, regulatory and supervisory frameworks consistent with international standards.
The goal of the Access to Insurance Initiative is to enhance broad-based, demand-oriented and sustainable access to insurance for low-income clients; thereby growing financial inclusion in the insurance sphere.
This website provides information on the Initiative and its sponsors and disseminates all knowledge that is created within the Initiative. more
What is microinsurance
Microinsurance is insurance that is accessed by low-income population, provided by a variety of different entities, but run in accordance with generally accepted insurance practices. Importantly this means that the risk insured under a microinsurance policy is managed based on insurance principles and funded by premiums.
Microinsurance covers an extreme broad variety of services like, for example, life insurance, health, invalidity, cattle breeding, crop and asset insurance.
Event
Conference material availabe:
and
Expert Roundtable for Insurance Supervisors on the G20 Financial Inclusion Process
Monday, 3 May and Tuesday, 4 May 2010 Berlin, Germany
Meeting on Microinsurance – Promoting Successful Regulatory and Supervisory Approaches for Increased Access to Insurance
Basel, Switzerland, 6–8 July 2010
The Financial Stability Institute of the Bank for International Settlements is providing a forum for discussion on matters related to microinsurance and financial inclusion of the poor. It is targeted at senior insurance supervisors, regulators and policy makers from around the world and will focus on current opportunities and challenges, and the policy, regulatory and supervisory needs in this area.
Expert speakers from the IAIS and MIN, as well as other organisations, policymakers and supervisors with experience in microinsurance will highlight the key issues. more
