Its main development activities include:
- Developing donor guidelines for supporting microinsurance
- Document case studies of insurance products and delivery models
- Commission research on key issues such as the regulatory environment for microinsurance
- Supporting innovation that will expand the availability of appropriate microinsurance products
- Propose performance indicators for microinsurance
Furthermore, the Working Group coordinates:
- The newsletter Microinsurance: Risk Management for the Poor
- The Microinsurance Focus website
The CGAP Working Group on Microinsurance was set up in 2002. Its members are representatives from donor organisations, multilateral agencies, private insurance companies and other interested parties that are involved in the promotion and support of microinsurance in developing countries. From 16 members in 2002, the Group has grown to over 80 members in 2008, who meet once a year to discuss current issues and upcoming activities.
The CGAP Working Group on Microinsurance is organised in several sub-groups to allow in-depth work on specific topics and issues. They meet as often as necessary with regards to planned activities.
To learn more about the sub-groups’ activities, click on their title:
- Agriculture Sub-Group
Focuses on agricultural insurance issues in developing countries
Contact: Jim Roth - Capacity Building Sub-Group
Responds to the increased need for capacity building through compiling and developing training materials and programmes striving towards coherent basic quality standards of microinsurance capacity
Contact: Gaby Ramm - Dissemination Sub-Group
Facilitates microinsurance experience and information sharing across the industry, including MFIs, insurance companies, donors and experts as to promote sound practices in the industry
Contact: Véronique Faber - Health Sub-Group
Works on the specific aspects of health microinsurance, its role in the social protection network and its relation with health providers. It also develops tools to monitor the performance and impact of health microinsurance on clients and providers
Contact: Valérie Schmitt-Diabatte - Impact Sub-group
Based on the real value for the poor discussion, this sub-group focuses on the impact of microinsurance on the client, especially in terms of financial protection
Information
Contact: Ralf Radermacher - Performance Indicators Sub-Group
Works to develop standard key performance indicators for microinsurance, improving comparability of schemes for enhanced performance and greater transparency
Contact: Denis Garand - Regulation, Supervision And Policy Sub-Group
Focuses on regulatory issues that affect the development of microinsurance products for the poor
Contact: Brigitte Klein - Technology Sub-group
Focuses on technology as a means to leverage capacity for outreach, dissemination and scaling up while decreasing costs
Contact: François-Xavier Hay
Past sub-groups:
- Demand
Seeks to develop tools that MFIs and other organizations can use to assess the demand for insurance and other risk-managing financial services - Operation Sub-Group
Strives to facilitate the emergence of appropriate insurance products for low-income persons, analyzing current practices and improving donor practices in this field
The CGAP Working Group on Microinsurance is chaired by the International Labour Organisation.
Craig Churchill, Chair, Working Group on Microinsurance
International Labour Organisation,
Social Finance Programme, Employment Sector,
4 route des Morillons, CH-1211 Geneva 22, Switzerland
Tel +41 22 799 6242, Fax +41 22 799 6896
Email churchill@ilo.org