Case Brief: CIF Vie

The West African Confederation of Financial Institutions is a regional grouping of financial cooperatives and microfinance institutions. The confederation created the insurance company CIF Vie to provide life insurance products for its member institutions. CIF Vie had significant success in providing credit-linked insurance but struggled to achieve scale for its voluntary products.In 2017, the Facility and AFD partnered with CIF Vie to assess how to improve sales of its stand-alone life insurance product.