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Striving for Consistency: A new guide aims to standardize impact assessments of the growing microinsurance market
Estimates suggest there are close to 270 million microinsurance clients in the developing world, with a potential market estimated at 3 to 4 billion policies. But while assessing the social impact of this growing sector is vital to improving product design, there is a dearth of consistency amongst the impact assessments being conducted. Microinsurance Network created “A Practical Guide to Impact Assessments” to address this challenge.
- Categories
- Education, Health Care, Impact Assessment
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Four Ways Big Data Can Improve Financial Lives: CFSI previews its upcoming report on harnessing data technology for the underserved market
Big Data is a buzzword, but it’s also a very real phenomenon: analysts estimate that annual data production will increase by a whopping 4300% between 2009 and 2020. In advance of a new report on the subject, the Center for Financial Services Innovation discusses four key trends driving Big Data innovation that can unlock value for both financial providers and consumers.
- Categories
- Education
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Don’t Cover Everything: Why targeted health microinsurance can work better than full coverage
EA Consultants’ efforts to understand both the business case and client value of microinsurance led to some interesting findings. For instance, catastrophic health insurance represented much greater value than primary or outpatient care for clients, but its behavioral effects skewed against good health outcomes. Barbara Magnoni discusses these findings, and offers some solutions.
- Categories
- Education, Health Care
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When Operations Equal Value Creation: Process innovation up and down value chains can leap the ‘voids’ in BoP markets
Business models are important, but in reality they are derived from the aggregation of value-creating processes. Put succinctly, operations = value creation in exemplary social ventures, argues James Koch, of the Center for Science, Technology and Society at Santa Clara University.
- Categories
- Technology
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Power of the User: Lessons learned from mHealth usability testing and tips for your innovation
The Institute for Reproductive Health, working with iHub, has been doing research on its family planning products, focusing on the human element and the user experience. They compiled some lessons learned and tips for integrating usability testing to improve technology.
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- Health Care
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This Antiseptic Was Brought to You By …: USAID guide mimics some market practices to speed ‘bench to bedside’
When it comes to global health, “people are good at inventing things but not always good at reaching scale,” according to David Milestone, senior adviser at the U.S. Agency for International Development’s Center for Accelerating Innovation and Impact. That’s why USAID developed “IDEA to IMPACT: A Guide to Introduction and Scale of Global Health Innovations,” which officially debuted on Monday.
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- Environment, Health Care
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‘We Can’t Be the Only Ones’ (Part 2): Jaundice-fighting D-Rev gives its views on markets and success
Before introducing its phototherapy units in a market, D-Rev looks beyond need to barriers to entry. Krista Donaldson, CEO, says that includes factors such as: How present is the aid industry and how does that skew the market? Are products being donated throughout the market? What are the registration costs? Regulatory requirements?
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- Health Care
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With Sales Up, D-Rev Doubles Down (Part 1): Launch of upgraded phototherapy unit brings hopes of expanded market
D-Rev sold more Brilliance Classic lights in December than ever before. But the nonprofit’s hoping an upgraded unit, which has manufacturing advantages and builds in two years of feedback from the field, will sell even better.
- Categories
- Health Care
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