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A priority for the ILO’s Facility is to help improve skills in developing and delivering microinsurance products to the low-income market. Insurance companies have the insurance skills, but lack an understanding of the market. Development practitioners know the market, but lack expertise in insurance. Our technical assistance (TA) programme aims to build capacity and fill these knowledge gaps by:
- increasing the supply and quality of TA by identifying existing TA experts and nurturing the development of new ones through fellowships and mentoring
- encouraging demand for TA by providing grants to obtain expert assistance on activities such as market research, business planning, premium calculation, product adaptation and performance assessment etc.
- facilitating liaison between TA experts and the organizations needing their support
- building a community of practice through online resources such as a roster of TA experts, discussion fora, a tools library and workshops
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