Emerging Insight: Which is your favourite Emerging Insight?
11 July 2018
The Facility is celebrating its 10-year anniversary. To commemorate this journey, we have compiled our 10 favourite Emerging Insights from the last decade (this was a tough task for us, as we have many favourites ).
• EI 44: Process improvements leading to better client value in livestock insurance
The changes made by IFFCO-TOKIO General Insurance Ltd in India for its credit-linked livestock insurance product which have not only reduced claims costs, but also improved the client value of the product.
• EI 49: Production with protection: evidence of insurance increasing farmers’ investments
Results from an experiment in Ghana reveal that rainfall insurance leads to significantly larger agricultural investment and riskier production choices by farmers.
• EI 50: Beyond slogans: a ten-step planning model to promote microinsurance
Many organizations simply equate promotion with creative elements, such as slogans and logos. Describing the offer, establishing goals, selecting target audiences, and understanding their barriers and perceptions should come first.
• EI 72: Governments and private health microinsurance schemes can work together to achieve universal health coverage
A review of countries pursuing universal health coverage suggests greater collaboration between public and private actors can accelerate its advancement.
• EI 76: A systematic review of the impact of microinsurance
A review of 38 studies on the impact of microinsurance finds access and use of microinsurance associated with lower out-of-pocket spending, lower reliance on burdensome coping strategies, higher investments in agriculture, increase use of health care services and better health outcomes.
• EI 84: Think BIG
Scale – reached by selling and retaining large business volumes - is an important (if not the most important) driver of microinsurance profitability.
• EI 91: Bundle with care
Bundling insurance with other financial services requires care and attention. Failure to ensure good claims experience has implications for the insurer, distributor and, most importantly, clients.
• EI 105: Why do farmers underestimate risks?
Evidence from the Kenya Financial Diaries indicates that households underestimate impacts of shocks that are not in the form of new cash outlays.
• EI 125: Index insurance education
This EI outlines seven guidelines on how to deliver insurance education.
• EI 129: Growing claims to avoid growing pains
Pioneer’s growth journey in the Philippines is powered by a focus on claims.
• EI 44: Process improvements leading to better client value in livestock insurance
The changes made by IFFCO-TOKIO General Insurance Ltd in India for its credit-linked livestock insurance product which have not only reduced claims costs, but also improved the client value of the product.
• EI 49: Production with protection: evidence of insurance increasing farmers’ investments
Results from an experiment in Ghana reveal that rainfall insurance leads to significantly larger agricultural investment and riskier production choices by farmers.
• EI 50: Beyond slogans: a ten-step planning model to promote microinsurance
Many organizations simply equate promotion with creative elements, such as slogans and logos. Describing the offer, establishing goals, selecting target audiences, and understanding their barriers and perceptions should come first.
• EI 72: Governments and private health microinsurance schemes can work together to achieve universal health coverage
A review of countries pursuing universal health coverage suggests greater collaboration between public and private actors can accelerate its advancement.
• EI 76: A systematic review of the impact of microinsurance
A review of 38 studies on the impact of microinsurance finds access and use of microinsurance associated with lower out-of-pocket spending, lower reliance on burdensome coping strategies, higher investments in agriculture, increase use of health care services and better health outcomes.
• EI 84: Think BIG
Scale – reached by selling and retaining large business volumes - is an important (if not the most important) driver of microinsurance profitability.
• EI 91: Bundle with care
Bundling insurance with other financial services requires care and attention. Failure to ensure good claims experience has implications for the insurer, distributor and, most importantly, clients.
• EI 105: Why do farmers underestimate risks?
Evidence from the Kenya Financial Diaries indicates that households underestimate impacts of shocks that are not in the form of new cash outlays.
• EI 125: Index insurance education
This EI outlines seven guidelines on how to deliver insurance education.
• EI 129: Growing claims to avoid growing pains
Pioneer’s growth journey in the Philippines is powered by a focus on claims.