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The company that turned African telcos into insurance brokers
In the early 2000s, UK-born Richard Leftley spent two weeks doing voluntary work in Kitwe, northern Zambia. During his stay, he met a woman who described her life as “a game of snakes and ladders” – no matter how hard she worked to get herself out of poverty, she kept finding herself right back where she started every time life rolled the dice against her.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Report: 52 Million People in Latin America Protected by Microinsurance
More than 8.2% of the population in Latin America and the Caribbean had at least one microinsurance policy as of December 2016, with 52.1 million people insured corresponding to USD 420 million in Gross Written Premiums.
- Categories
- Uncategorized
- Region
- Latin America
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Flirting with disaster? World Bank’s push for climate insurance questioned
The program marks one example of the Bank’s promotion of climate insurance over the past decade, as part of a wider approach focused on leveraging private insurance and investor markets to increase ‘pre-arranged’ disaster risk financing.
- Categories
- Environment, Investing
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Can Next-Generation Startups Unite Agritech and Fintech for Farmers in Emerging Markets?
An amalgamation of agritech and fintech solutions could have an incredible impact for the masses, especially populations that work within the agriculture chain. But making these apps and other digital solutions more user-friendly is critical to expanding their usage. Developers may need to borrow the best toolsets from both sectors, writes Sneha Sampath with Unitus Seed Fund.
- Categories
- Agriculture, Finance, Technology
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Philippines, World Bank launch $206M disaster risk insurance program
In a statement, the World Bank said the new catastrophe risk insurance program launched by the Philippine government will cover national government assets affected by earthquakes and typhoons as well as losses from major typhoons of 25 provinces.
- Categories
- Environment
- Region
- Asia Pacific
- Tags
- climate change, insurance
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Fintech firm Payworld focuses on insurance, loans for growth
Payworld, a nine-year old fintech firm, provides digital transaction services like mobile recharge, e-payment, railway reservation and remittances facilities.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech, insurance, lending
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Is it time to rethink humanitarian insurance?
The human and financial costs of climate and other natural disasters are increasing. These disasters disproportionately affect the poorest and most vulnerable populations- who lose much more of their wealth when disaster strikes.
- Categories
- Environment
- Tags
- climate change, insurance
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First-of-its-kind report highlights enormous potential for developing mutual and cooperative insurance for the poor in India
With about 600,000 cooperatives in the country with a collective membership of over 250 million people, the potential for developing mutual and cooperative insurance for the poor in India is enormous.
- Categories
- Uncategorized
- Region
- South Asia
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