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Housed at the International Labour Organization's Social Finance Programme, the Microinsurance Innovation Facility seeks to increase the availability of quality insurance for the developing world's low-income families to help them guard against risk and overcome poverty.
The Facility was launched in 2008 with generous support from the Bill & Melinda Gates Foundation to learn and promote how to extend better insurance to the working poor. Additional funding has gratefully been received from
several donors, including the
Z Zurich Foundation and
AusAID.
Knowledge update
Report
Facility partners meet to share lessons and successes -
(pdf 1,5 MB)
The Facility's partners came together in Dar es Salaam to learn from each other's experiences and achievements. See the report to find out more about the main lessons which emerged on the forum's theme: "achieving scale through innovative and efficient distribution". Publication
Selling more, selling better: A microinsurance sales force development study - (pdf 592 KB)
Briefing note nº14, ILO, December 2012
Adequate recruitment, training, incentives, and monitoring of a sales force are indispensable for selling microinsurance effectively. This briefing note summarizes lessons to improve performance throughout these four areas. Learning Journey
Mapping microinsurance in India
The Centre for Insurance and Risk Management explains how it set about creating a comprehensive information portal on the Indian microinsurance market. Find out more about the challenges it faced, including the lack of a common definition of microinsurance.
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The Facility's activities
The Facility has provided grants to develop innovations in the microinsurance sector. Click on the
Innovation grantees and on the Learning Journeys to get an overview of the projects that are implemented and of the good practices that are collected to eventually benefit the working poor. The Capacity Building Programme undertakes three main types of activities: Training and curriculum development, professional development and microinsurance project interventions. The
Research programme has an important role to play to consolidate existing knowledge and stimulate new learning to move the microinsurance agenda forward. The
Knowledge Management programme involves activities that focus on leveraging lessons learned from its partners and disseminating them widely to improve microinsurance practices.
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