Briefing Note #21: Mobile phones and microinsurance

Insurers are using mobile phones to address two main challenges facing the microinsurance sector: increasing efficiency and reaching scale. Briefing note #21 is based on a review of literature and 13 insurance schemes that are using mobile phones in some capacity. The brief reveals good practices and lessons for insurers to consider when implementing mobile-based microinsurance.

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Author(s)

  • Pranav Prashad (the ILO's Microinsurance Innovation Facility), David Saunders (the Centre for Financial Regulation and Inclusion) and Aparna Dalal (the ILO's Microinsurance Innovation Facility)