Protecting the Poor: A microinsurance compendium, Volume II
Edited by Craig Churchill and Michal Matul, 2012
This second volume of Protecting the poor is a unique collection of recent practices and emerging ideas in microinsurance. It covers numerous innovations that have emerged in recent years to meet the challenges of providing insurance to low-income people, from new products and deliverychannels to consumer education tools, while examining changes in regulations, providers andschemes. As the microinsurance community dramatically evolves and millions more low-income households have access to better insurance cover, this timely second volume will be an invaluable resource for policymakers, insurers, academics and NGOs.
Explaining Insurance: Implementing Consumer Education in CARE-India's Insure Lives & Livelihoods Program -
(pdf 417 KB)
Catherine Burns and Aparna Dalal
Financial Access Initiative Research Report, March 2010
When CARE India field officers delivered emergency relief services to the coastal regions ravaged by the 2004 tsunami, they were struck by the communities' vulnerability to shocks and lack of access to appropriate risk protection tools, and assessed that microinsurance could be an effective product for these communities. Out of this determination, the CARE Insure Lives and Livelihoods (ILAL) microinsurance program was borne. In collaboration with Allianz SE and Bajaj Allianz, CARE India designed a broad, long term formal microinsurance program. The ILAL approach prioritized clients' understanding of the value of insurance over purchasing a policy: the ultimate objective of the program was not to distribute policies, but to improve communities' risk management capacities by improving their understanding of insurance.
Performance Indicators For Microinsurance - (pdf 503 KB)
A Handbook for Microinsurance Practitioners
John Wipf and Denis Garand, 2008
Published by ADA, BRS and CGAP Working Group on Microinsurance
The 8 key principles and ten key performance indicators, presented in the handbook, are applicable to all
microinsurance providers, irrespective of legal structure, environment, organizational setup and type of
microinsurance product offered, although there may be some differences in performance and interpretation.
The handbook contributes to set a new standard for the entire microinsurance industry.
Protecting the poor: A microinsurance compendium
Edited by Craig Churchill, ILO, 2006
Essential reading for insurance professionals, practitioners and anyone involved with offering insurance to low-income persons, this volume covers the many aspects of microinsurance in detail including product design, marketing, premium collection and governance.
This authoritative compendium brings together the latest thinking of leading
academics, actuaries, and insurance and development professionals in the
microinsurance field. The result is a practical, wide-ranging resource which
provides the most thorough overview of the subject to date.
The book allows readers to benefit from the valuable lessons learned from a
project launched by the CGAP Working Group on Microinsurance to analyse
operations around the world. Essential reading for insurance professionals,
practitioners and anyone involved with offering insurance to low-income persons,
this volume covers the many aspects of microinsurance in detail including
product design, marketing, premium collection and governance.
It also discusses the various institutional arrangements available for delivery such
as the community-based approach, insurance companies owned by networks
of savings and credit cooperatives and microfinance institutions. The roles of
key stakeholders are also explored and the book offers insightful strategies for
achieving the right balance between coverage, costs and price.