ICII 2024
© Munich Re Foundation

Agenda

#ICII2024

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    Please click on the session title to view details of the sessions. Click on the speaker's name to read their profile.

    Day 1 - 21 October 2024 - Pre-conference workshops

    Hosted by ILO

    Craig Churchill
    Chief, ILO, Social Finance, Switzerland

    Lisa Morgan
    Technical Specialist, Actuary, ILO's Impact Insurance Facility, Switzerland

    Pranav Prashad
    Senior Technical Officer – Impact Insurance Facility, ILO, Switzerland, Switzerland

    Ali Tareque Parvez
    Inclusive Insurance Collaborator - Asia, ILO, Cambodia

    Purvi Bhavsar
    CEO, Pahal Finance, India

     

    >download presentation

     

    This pre-conference session aims at providing an introduction to key challenges and opportunities of inclusive insurance. It will create a space to network especially among those who are new to the topic as well as to the International Conference on Inclusive Insurance.


     

    Hosted by Milliman/UNDP

     

    Speakers:

    Josh Collins
    Consulting Actuary, Milliman, USA

    Brian Merkey
    Manager, Data Science, Milliman, USA

    Romain de Harlez
    Consulting Actuary, Milliman, Belgium

    Amir Hassan
    Actuarial Associate, Milliman, Malaysia

    Facilitator:

    Enock Sing’oei
    Agricultural Insurance Specialist UNDP – Insurance & Risk Finance Facility (IRFF), Kenya
    >download presentation


    The microinsurance market is an area with a need for insurance solutions to help manage the risks of low-income and underserved populations. Although there is high demand and a growing market, there is limited tools and actuarial expertise applied in this space. A microinsurance-focused pricing toolkit was developed as part of the Global Actuarial Initiative (GAIN) partnership between Milliman and the UNDP to build actuarial expertise in developing countries. The intention of this tool is to provide a set of small, self-contained pricing models – life and hospital-cash health products – applying actuarial principles to pricing microinsurance products. 

    The objective of this workshop is to introduce participants to key principles of microinsurance pricing and equip audience with this pricing toolkit which introduces various considerations inherent in pricing a sustainable inclusive insurance product.

    Hosted by UNEP
     

    Speakers:

    Manoj Pandey
    APAC Coordinator, UNEP FI-V20 Sustainable Insurance Facility, Switzerland

    Rafkat Kabir
    Lead, Strategy & Implementation (MSME) - Microfinance, BRAC, Bangladesh

    Yannick Milev
    CEO, Chameroun MFI, Cambodia

    Uthpala Thilini Gunawardana
    Deputy Manager Sustainability Unit, Regional Development Bank, Sri Lanka

    Ny Lyhoung
    Business Unit Head/CEO, Micro & Agriculture Insurance, Forte, Cambodia
     

    Facilitator:

    Brandon Mathews
    Global Coordinator, UNEP FI-V20 Sustainable Insurance Facility, Switzerland


    >download presentation


    UNEP FI – V20 SIF will present insights from its landscape study of climate-smart insurance for MSMEs, lessons learned in accelerating scale, and to discuss both these aspects with V20 project partners from V20 countries.

    The 19th A2ii Consultative Forum (CF) is being developed under the title “Enhancing Data-Driven Insurance Supervision”. It will bring together representatives of international initiatives, the insurance industry as well as policymakers and supervisors to jointly identify best practices, challenges, and opportunities for developing and implementing inclusive and ethical data driven insurance solutions, collaborative approaches and incorporating technological developments. The 19th Consultative Forum will be jointly organised by the Access to Insurance Initiative (A2ii) and the International Association of Insurance Supervisors (IAIS) in partnership with the Microinsurance Network, with support from the Insurance Development Forum. 

    Session 1:  Foundations of data-driven supervision

    A critical perspective on basics of data-driven insurance supervision, including the benefits, challenges, and key principles surrounding consumer protection.

    Gabriel Porto
    General Coordinator of Economic Studies, SUSEP, Brazil

    Barbara Chesire
    Managing Director AB Entheos Ltd., Kenya 

    Facilitator:

    Matthias Range
    Executive Director, A2ii. Germany
    >download presentation

     

    Session 2:  Advanced analytics and practical applications
    How will data in regulatory frameworks turn traditional approaches upside down

    Alastair Norris
    Climate and Disaster Risk Expert, IDF Risk Modelling Steering Group (RMSG), United Kingdom

    Min Hung Cheng
    Deputy Chief Executive Officer, Global Asia Insurance Partnership, Singapore

    Moustafa Khalil
    Deputy Assistant of the Chairman, FRA, Egypt

    Facilitator:

    Ronaldo Limbago
    Regional Coordinator for Asia, A2ii, Philippines
    >download presentation

     

    Session 3: Collaboration and future technologies

    Speakers:

    Anuja Jaitly
    Global Business Development, Blue Marble, USA

    Kay Tuschen
    Head of Climate Resilience Solutions, CelsiusPro, Switzerland

    Gabriel Porto
    General Coordinator of Economic Studies, SUSEP, Brazil

    Facilitator:

    Pedro Pinheiro
    Project Manager, Microinsurance Network, Luxembourg

    Day 2 - 22 October 2024

    Guest of Honor:
    Ramsahay Prasad Yadav
    Hon'ble Vice President, Nepal

    Keynotes:

    Arup K. Chatterjee
    Principal Financial Sector Specialist, Asia Development Bank, Philippines

    >download presentation

    Jeffrey D. Sachs 
    Director of the Center for Sustainable Development at Columbia University / President of the UN Sustainable Development Solutions Network / SDG Advocate for UN Secretary General António Guterres, USA
    (Video message)

    Welcome notes:

    Renate Bleich
    Chair, Munich Re Foundation, Germany

    Matthew Genazzini
    Executive Director, Microinsurance Network, Luxembourg

    Chunky Chhetry
    CEO, Sagarmatha Lumbini Insurance / President of the Nepal Insurers' Association; Nepal

    Surya Prasad Silwal
    Chairman of the Nepal Insurance Authority, Nepal

     

    Welcome Speech by Jeffrey Sachs
    J. Sachs (IISC)

    Hosted by Microinsurance Network

    Speakers:

    Nicolas Morales
    Regional Manager for Latinamerica and the Caribeean, Microinsurance Network, Colombia
    >download presentation

    Laura Rosado
    Head of Strategy and Performance Management, AXA EssentiALL, & Vice-Chair of the Board of Directors, Microinsurance Network, France 

    Solene Favre
    Global Insurance Director, VisionFund International, France

    Rachel Levenson
    Chief Commercial Officer, Turaco, Kenya 

    Erik Jarrin
    Latin America and Reinsurance Lead, Microinsurance Master, USA

    Diana Almoro
    Regional Lead Asia Pacific, UNDP-IRFF, Thailand

    Facilitator:

    Matthew Genazzini
    Executive Director, Microinsurance Network, Luxembourg
    >download presentation

    The Landscape of Microinsurance research and insights series provide a unique global benchmark – tracking the uptake of inclusive insurance products and services, along with insights into emerging trends connected with closing the people protection gap. Based on extensive primary research, the reports and data provide information that cannot be found anywhere else.  In this session, we will present the initial results of the Landscape of Microinsurance 2024 data collection exercise.  

    A press conference will follow the inaugural session, featuring remarks from Surya Prasad Silwal, Chairman of the Nepal Insurance Authority; Chunky Chhetry, CEO of Sagarmatha Lumbini Insurance and President of the Nepal Insurers' Association; Dirk Reinhard, Vice Chair of the Munich Re Foundation; and Lorenzo Chan, Chair of the Board of the Microinsurance Network. The press conference will be held at 12:30 AM local time (08:45 AM CEST) on Tuesday, 22 October, in Conference Room A. 

    To register for in-person or virtual attendance at the press conference, please contact: Subheksya Singh, Project Manager, ICII 2024: iciinepal2024@nia.org.np

    Hosted by Microinsurance Network

    Speakers:

    Jaime Aristotle Alip
    Founder & Chairman Emeritus of CARD MRI, The Philippines

    Lorenzo Chan
    CEO, Pioneer, The Philippines
     

    Facilitator:

    Antonique Koning
    Senior Financial Sector Specialist, CGAP, Belgium
    >download presentation


    Discover the groundbreaking success story from the Philippines: the joint venture between CARD (Mutual) and Pioneer (Commercial). With over 23 million enrollments powered by 2,200 micro agents and 80 strategic partnerships, this venture is transforming the landscape of microinsurance. Dive into inspiring insights from the visionary founders on purposeful leadership, innovative business strategies, gender-sensitive models, climate change solutions, digital innovations, and impactful consumer education—all intricately woven within the country’s regulatory framework.

    Hosted by the Nepal Insurance Association, Life Insurance Association Nepal, and the Nepal Insurance Authority

    Speakers:

    Dip Prakash Panday
    CEO, Shikhar Insurance, Nepal

    Poshak Raj Paudel
    CEO, Citizen Life Insurance / President of the Life Insurance Association, Nepal

    Damodar Bhandari
    ACEO of Nepal Reinsurance Limited, Nepal 

    Sushil Dev Subedi
    Director, Nepal Insurance Authority (NIA), Nepal

    Chirayu Bhandari
    CEO, Guardian Micro Life Insurance / President, Nepal Microinsurance Organisation, Nepal 

    Facilitator:

    Diana Almoro
    Regional Lead Asia Pacific, UNDP-IRFF, Thailand
    >download presentation

     

    This session will discuss opportunities and barriers for the development of inclusive insurance solutions in Nepal and the region.

    Day 3 - 23 October 2024

    Hosted by FinProbity Solutions

    Speakers:

    Ovia K. Tuhairwe
    CEO, Radiant Yacu, Rwanda

    Gideon Ataraire
    Africa Lead, Microinsurance Master, Ghana, Ghana

    S. M. Ziaul Hoque
    CEO, Chartered Life Insurance, Bangladesh

    Mohammed Ali Ahmed
    CEO, EFU Life Assurance, Pakistan

    Laura Elena Rosado
    Head of Strategy and Performance Mangement, AXA EssentiALL, France

    Facilitator:

    Lemmy Manje
    CEO & Founder, FinProbity Solutions, Zambia
    >download presentation


    Inclusive insurance remains a blue ocean for insurance companies in many developing financial markets. Over the years, there has been steady growth recorded in some markets. While inclusive insurance has evolved beyond the business case, there are still a few senior executives in insurance companies who are investing in going down the market to insure those excluded with conventional insurance. The session is therefore a platform at which CEOs or senior executives who are making a difference in millions of lives around the world while contributing to the top-line and bottom-line in their companies. The primary focus is how to make inclusive insurance profitable and at the same providing client value to those who need insurance the most.

    MicroInsurance Centre at Milliman


    Speakers:

    Andrea Camargo
    Lead Inclusive Climate Risk Financing, World Food Programme, UK

    Bethwel Murkomen
    Microinsurance and Climate Resilience Senior Associate, One Acre Fund, Kenya

    Alastair Norris
    Independent Climate and Disaster Risk Consultant, UK

    Facilitator:

    Michael J. McCord
    Managing Director, MicroInsurance Centre at Milliman, USA

     

    The inclusive insurance community has advocated for several years that index-based insurance has the potential to help millions of smallholder farmers protect themselves against the impacts of extreme climate events. The problem with index insurance, however, is that it does not always work as planned, “on the ground” – literally and figuratively. This problem is broadly known as “basis risk,” and to many experts, if unmanaged, it has the power to halt the growth of climate insurance schemes by destroying trust in the product’s promise. We believe that for index insurance to truly grow as an impactful solution, more attention needs to be given to seeking out solutions and overcoming the barrier of basis risk. 

    Hosted by CGAP and Global Shield

    Speakers:

    Rajvi Joshipura
    Consultant, Self Employed Women’s Association (SEWA), India

    Fatou Giwa 
    Global Lead Womens Insurance Program, IFC, United States

    Astrid Zwick
    Co-Director, Global Shield Secretariat, Germany

    Carlos Lopez Moreira
    Senior Policy Advisor - Implementation, IAIS, Switzerland


    Facilitator:

    Anaar Kara
    Senior Financial Sector Specialist, CGAP, France

    >download presentation

     

    This session, will delve into comprehensive approaches aimed at closing the gender protection gap by enhancing access to and uptake of insurance among women. 

    Women frequently experience increased susceptibility to shocks and may have limited exposure to risk management tools. Additionally, the risks women encounter throughout their lives differ from those encountered by men, highlighting the critical need for gender-responsive design in insurance and risk management solutions. While basic challenges still prevail, lighthouse examples such as the extreme-heat parametric coverage for women informal workers in India start to arise and inspire replication and now supervisors are also turning their attention to the topic as demonstrated by the launch of a2ii’s FEMA-meter.  

    This session explores the integration of gender into various levels ranging from needs assessment, product design, to supervision, demonstrating how various actors can capitalize the market opportunity presented by women's inclusion and facilitate wealth-building, access to capital, and effective risk management.

    Hosted by CEAR and Utrecht University

    Speakers:

    Nathaniel Jensen
    Senior Research Fellow, University of Edinburgh, UK

    Lotte van der Haar
    PhD Candidate, Wageningen University, The Netherlands

    Anouk van Veldhoven
    PhD candidate, Utrecht University, The Netherlands

    Facilitator:

    Michael Mbaka
    Country Relationship Manager - DRIVE, Zep-Re, Kenya

    >download presentation

    In this session we present three research studies on the Index Based Livestock Insurance in Kenya and Ethiopia, covering the 10-year long run effects of IBLI on household lifetime wellbeing, the role of information about consumer welfare and contract non-performance on DRIVE-IBLI demand, and the targeting of DRIVE-IBLI to men and women in households.

    Hosted by A2ii

    Speakers:

    Joscha Sisnowski
    A2ii, advisor, Germany

    Barbara Chesire
    Managing Director AB Entheos Ltd., Kenya 

    Pujan Dhungel Adhikari
    Director, Nepal Insurance Authority (NIA), Nepal

    Suman Ghimire
    CEO/Co-Founder, PlantSat by Seed Innovations, Nepal


    Facilitator: 

    Teresa Pelanda
    Advisor, A2ii, Germany

     

    The A2ii’s Inclusive Insurance Innovation Lab (iii-lab) is a platform for pivotal collaboration among stakeholders in the insurance sector, to enhance inclusive insurance market development. Through a year-long social lab methodology process jurisdictions learn to devise and implement innovative solutions that fortify resilience. This approach ensures that innovation encompasses the introduction of new regulations, tools, or processes, tailored to the unique demands of the evolving insurance landscape. Participants will hear from iii-lab alumni about developed prototypes and the long-term impact of the iii-lab in their countries. They engage in dialogue about the ecosystem needed to enable innovative thinking and a paradigm shift in stakeholders' collaboration.  

    Hosted by ICMIF

    Speakers:

    Ahila Devi Subramanian
    CEO, DHAN People Mutual, Dhan Foundation, India
    >download presentation

    Jun Jay Perez
    Executive Director, RIMANSI, Philippines
    >download presentation

    Yasaranga Godawela
    Deputy General Manager - Community Sales Channel, Sanasa Life Insurance, Sri Lanka
    >download presentation

    Zachary Wambugu
    Managing Director CIC Africa Co-operative, Malawi
    >download presentation

     

    Facilitator:

    Diana Almoro
    Regional Lead Asia Pacific, UNDP-IRFF, Thailand

     

    This session will offer an in-depth exploration of the co-operative and mutual model in inclusive insurance, with a particular focus on the motivations, challenges, lessons learned, and strategies employed by insurers entering the inclusive insurance market. Case studies highlighting the experiences of successful co-operative and mutual insurers will be featured. In addition, the recently launched projects from the UNDP-ICMIF Insurance Innovation Challenge (IIC) will also be presented. The session will highlight the following key areas: 

     

    1. What are the key ingredients for the success of co-operative and mutual insurance? 

    2. How are the experiences of successful co-operative and mutual insurers shared with IIC project partners? 

    3. What can the wider inclusive insurance sector take from the experience of co-operative and mutual insurers?

    Speakers:

    Balachandran M.K
    Head of Growth, Ibisa Network, India
    >download presentation
     

    Bhakti Dama
    Founder, Protector IQ, India
    >download presentation#

     

    Sarathy Srinivas
    Head - International, WRMS Global, India
    >download presentation
     

    B. Muthukunarasamy
    Program Leader, DHAN Foundation; India
    >download presentation

     

    Facilitator:

    Richard Leftely
    Founder, Wavu Limited, UK
     

    The ICII 2024 offers a unique opportunity to pitch your project in front of an international audience of inclusive insurance experts. Are you looking for partners? Are you looking for funding? Do you want to receive feedback on your approach? We invite participants in the ICII 2024 to pitch their projects. Each pitch will be for up to 5-7 minutes, followed by a 2-minute Q&A session.

    Hosted by ILO

    Speakers:

    Melinda Grace "Aira" Labao
    Vice President/ Officer-in-Charge, CARD Pioneer Microinsurance Inc., The Philippines

    Deanne Bezuidenhout
    Head: ESG, Hollard, South Africa

    Shubasish Barua
    Head of Impact Business and Sr. Executive VP,  Green Delta Insurance, Bangladesh

    Ashok Shah
    Group CEO, APA Apollo Group, Kenya

    Facilitator:

    Lisa Morgan
    Technical Specialist, ILO, Switzerland
    >download presentation
     

    We know that uninsured risk can cause financial setbacks, weaken resilience and increase the likelihood of persistent poverty. Insurance holds the promise of breaking a part of the perpetuating cycle. However, while traction has been growing over the last 20 years, there is still a lack of supply of insurance that would effectively deliver client value and help build the resilience of unserved and underserved groups. From a more positive perspective, the lack of supply also means that there are opportunities for insurers to further contribute to social and economic development, and benefit from offering viable and responsible insurance solutions. To turn these opportunities into reality, it is important to learn from past successes and failures in inclusive insurance.   

     

    In this session the ILO’s Impact Insurance Facility will share its latest research on improving the business viability and value of inclusive insurance – useful for those already offering and those planning on offering inclusive insurance. For those new to inclusive insurance, this session will also outline solutions to barriers that could be encountered along the way to market entry. For over a year, the ILO has been conducting new research with a dozen prominent inclusive insurers to better understand the business case. Finding the balance between generating returns and providing excellent client value is not always easy but is possible. During the session we will hear from a panel of leading inclusive insurers to learn more about their challenges and successes over the years. 

     

    One cannot study the business case without also looking at client vale. Offering good client value and continuously improving it is key to creating a sustained demand for inclusive insurance. Without client value, viability is not possible. This session will therefore include highlights from research using the ILO’s PACE and 3D tools – tools specifically designed to study client value.

    Hosted by MCII

    Speakers:

    Neha Batra
    Vice President - Risk & DataManaging Director, WRMS, India

    Praneel Pritesh
    Regional Technical Specialist, Pacific Insurance and Climate Adaptation Programme, UNCDF, Fiji

    Bikram Rana Tharu
    Programme Manager Climate Resilience, Practical Action, Nepal

    Kate Sinclair
    Head of Programme, WFP Guatemala, Canada

     

    Facilitator:

    Mariam Parekhelashvili
    Associate Project Manager, MCII, Georgia
    >download presentation
     

    Traditional disaster response often reacts after disasters strike. The proposed session explores how to bridge this gap by integrating Anticipatory Action (AA) with parametric insurance to help protect more lives and livelihoods ahead of predictable crisis. This offers several benefits: predictable funding ensures timely implementation of preventive measures, incentivizes investments in risk reduction, fosters accountability through clear payout criteria, and enables rapid response based on forecasts rather than waiting for disaster impact. The Pacific Insurance & Climate Adaptation Program (PICAP) exemplifies this approach. The pilot programme, which provides cooperatives with pre-cyclone payouts for preparedness activities, demonstrates how AA can unlock financing through parametric insurance even before disasters happen to help communities better cope with climate risks. 

    This session will bring together experts and practitioners from the insurance and humanitarian sectors who are already implementing anticipatory insurance programmes across different regions of the world to discuss synergies between AA and parametric insurance for building disaster resilience. Panel will explore case studies at micro, meso, and macro levels, and discuss best practices and challenges in integrating these approaches. The session will be conducted in an interactive manner so that conference participants can take part in a discussion and share different perspectives. Final part of the session will focus on the way forward to gather ideas on practical applications of climate risk insurance in driving, and monitoring, effective AA that builds resilience and fills in the financing gaps. 

    Speakers:

    Stefan Hirche
    Principal Portfolio Manager, KfW, Germany

    Daniela Zimmermann
    Senior Manager, Hannover Re, Germany

    Rajeswari Gorana
    Consultant, Mahila Housing Trust, India, 

    Facilitator:

    Kay Tuschen
    Head of Climate Resilience Solutions, CelsiusPro, Switzerland
    >download presentation
     

    The Natural Disaster Fund (NDF) is a donor-supported provider of risk capital for SMEs, agribusinesses, MFIs and nature-based solutions. Supported by a Technical Advisory Facility (TAF), the NDF provides targeted support for risk analysis and the development of parametric insurance products to meet the needs of vulnerable communities worldwide.  The Mahila Housing Trust (MHT), which has been operating since 1994, is working with NDF manager Global Parametrics (GP) and Howden India to implement a climate risk insurance programme. Funded by the NDF Technical Assistance Facility (TAF), the programme covers three major industrial cities in Gujarat and provides insurance cover against excessive urban heat to 26,000 women members. This index-based risk transfer solution, developed in collaboration, serves as a blueprint for improving the resilience of cities to extreme heat.

    The aim of the session is to showcase the capabilities of the NDF and explore further potential use cases with the community. It will begin with a presentation of the heat insurance solution developed jointly with MHT and Howden India, illustrating how the NDF supports climate risk insurance solutions from concept to implementation. 

     

    Hosted by Actuarial Society of Nepal

    Speakers:

    Ram Kumar Yadav
    CEO, Liberty Micro Life, Nepal

    Prechhya Mathema
    President, Actuarial Society of Nepal (ASN), Nepal

    Michael J. McCord
    Managing Director, MicroInsurance Centre at Milliman, USA

    Pujan Dhungel Adhikari
    Director, Nepal Insurance Authority (NIA), Nepal
    >download presentation


    Facilitator:

    Diana Almoro
    Regional Lead Asia Pacific, UNDP-IRFF, Thailand

    In recent years, the UN has recognized the importance of effective risk management in sustainable development and the critical role of insurance in achieving this goal. A key component underlying risk management and insurance is actuarial capacity. However, in most developing countries, actuarial capability is weak or non-existent. The challenges these countries face in building actuarial capacity arise from lack of a) supply of actuaries; b) demand for actuaries; and c) the enabling regulatory environment.

    This session will explore the importance of building actuarial capacity in conventional and inclusive insurance markets. It will discuss key challenges faced by different players and the various interventions adopted to develop actuarial professions in some of the developing countries highlighting Nepal’s experience as part of the UNDP-Milliman Global Actuarial Initiative. It will also examine the critical role of insurance regulators and developing agencies in addressing the actuarial gaps in a more systematic way to ensure sustainable development of actuarial profession and delivery of inclusive insurance. 

    Hosted by Feed the Future Innovation Lab for Markets, Risk & Resilience

    Speakers:

    Tara Chiu
    Associate Director, Feed the Future Innovation Lab for Markets, Risk & Resilience, University of California Davis, USA
    >download presentation

    Benson Mbuthia
    Microinsurance Lead, Africa, Rural Inclusion CIC, Kenya
    >download presentation

    Balachandran M.K
    Head of Growth, Ibisa Network, India

    Linda Busienei
    Program Manager – Impact Projects and Village Champion Model, Acre Africa, Kenya
    >download presentation


    Facilitator:

    Pranav Prashad 
    Senior Technical Officer – Impact Insurance Facility, ILO, Switzerland, Switzerland

    Farmer organizations have long been used as a medium to reach farmers with climate risk insurance. However, climate risk insurance continues to struggle to reach sustainability and scale. Critical barriers persist, including consumer education, trust, affordability, and inclusivity. While traditional approaches to engagement with farmer groups has facilitated some sector growth, innovative approaches continue to emerge. These innovations both refine what has been done with the past and introduce entirely new approaches to using farmer groups to make insurance solutions affordable, sustainable, and scalable. By engaging more directly with farmers and farmer organizations, diverse partners can better meet the needs that are unique to this stakeholder group and more effectively confront the challenges to these products.

    Day 4 - 24 October 2024

    Hosted by ILO and IFC

    Speakers:

    Prapti Sherchan
    Operations Officer – Gender and Economic Inclusion Department, IFC, Nepal

    Thushari Perera
    Director Human Resources, AIA Sri Lanka, Sri Lanka

    DVS Ramesh
    Chief General Manager, Insurance Regulatory and Development Authority of India (IRDAI), India 


    Facilitator:

    Lisa Morgan
    Technical Specialist, Actuary, ILO's Impact Insurance Facility, Switzerland

     

    Women's socioeconomic status is rising globally, and their influence on household spending is growing. However, their ability to mitigate financial risk remains low, and few insurance companies specifically target women, despite their different risk profiles from men. The insurance industry can significantly enhance financial protection for women by addressing their unique needs, with the potential to earn up to $1.7 trillion by 2030, particularly in emerging markets. Employing women in various roles within the insurance industry can ensure that products and distribution methods meet diverse client needs. More women in the industry can bring valuable perspectives to product design and development. This session will highlight the importance of female distribution agents, gender sensitivity training, and the insurance sector as employers of women. The session will also introduce In4Women, the year-long IFC-ILO Community of Practice and steps for participating in the virtual CoP. In4Women aims to increase the insurance industry’s knowledge about the women’s insurance market opportunity and help insurers become employers of choice for women. 

     

     

     

     

    Hosted by UNDP
     

    Speakers:

    Sabnam Shivakoti Aryal
    Joint Secretary, Ministry of Agriculture, Nepal

    Musa Lukwago
    Principal Economist, Ministry of Finance, Planning and Economic Development, Uganda

    Patricio Salas
    Executive Secretary, FEDESEG, Ecuador

    Ajaykaran Singh
    PMBFY National Project Coordinator, UNDP India
    >download presentation


    Facilitator:

    Enock Sing’oei
    Agricultural Insurance Specialist- UNDP IRFF, Kenya

     

    The session aims to enhance understanding of climate insurance as a vital tool for achieving development outcomes, examine key principles in government-led climate and pandemic insurance design for low-income populations, and discuss the challenges and opportunities of implementing technology-driven approaches in climate and pandemic insurance solutions.

     

     

     

     

     

    Hosted by Munich Re Foundation
     

    Speakers:

    Eduardo Morón
    President of APESEG, The Peruvian Association of Insurance Companies (online)
    >download presentation

    Farzanah Chowdhury
    MD and CEO, Green Delta Insurance, Bangladesh
    >download presentation

    Lemmy Manje
    CEO & Founder, FinProbity Solutions, Zambia
    >download presentation


    Facilitators:

    Dirk Reinhard
    Vice Chair, Munich Re Foundation

    Craig Churchill
    Chief, ILO's Social Finance Programme

    The ICII 2024 marks the 20th International Conference on Inclusive Insurance. Over the past 20 years, microinsurance has emerged as a critical tool for financial inclusion and risk mitigation in underserved communities worldwide. Several key lessons have been learned during this time around the world. The session will highlight the Inclusive Insurance journey in countries that hosted the ICII in the past and aims at developing lessons learnt.

     

     

     

     

    Pujan Dhungel Adhikari
    Director, Nepal Insurance Authority (NIA), Nepal

    Lorenzo Chan
    CEO, Pioneer, The Philippines / Chair of the Board, Microinsurance Network, Luxemburg

    Dirk Reinhard
    Vice Chair, Munich Re Foundation

    Patricio Salas
    Executive Secretary, FEDESEG, Ecuador

    >download presentation

    Day 5 - 25 October 2024

    Separate registration required:

    > more