9th Consultative Forum – Exploring challenges in scaling up insurance as a disaster resilience strategy for smallholder farmers
The International Association of Insurance Supervisors (IAIS), the Access to Insurance Initiative (A2ii) and the Network are co-organising the 9th Consultative Forum on “Exploring challenges in scaling up insurance as a disaster resilience strategy for smallholder farmers”, to be held in Singapore on the afternoon of Tuesday, 14th of March.
Agricultural index-based insurance has shown promising developments for smallholder farmers so far. In addition to helping farmers manage day-to-day production risks, it also contributes to national disaster resilience by providing financial protection to a vulnerable community that often forms a large part of developing country populations. However, recent discussions among regional policymakers have revealed challenges in scaling up index insurance in a sustainable way. This Forum will discuss these challenges while highlighting how three equally critical stakeholders – insurance supervisors, policymakers and the industry – can cooperate and align their respective roles in addressing these challenges.
The half-day event (afternoon only), hosted by the Monetary Authority of Singapore (MAS) will bring together around 70 high-ranking representatives from the public sector, supervisory authorities and the insurance industry. The objective of the Consultative Forums is to bring about the dialogue between policymakers, supervisors and the industry which is critical in fostering knowledge and sound policymaking in the field of inclusive insurance.
Date: Wednesday, March 14, 2018