Microinsurance : What Can Donors Do?
In most countries, reaching scale and providing real value to clients will likely require donor involvement in the medium term. Donors will need appropriate expertise and resources to engage effectively in micro insurance because it is relatively n...
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| Format: | Brief |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2008/04/9470883/micro-insurance-can-donors http://hdl.handle.net/10986/9522 |
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okr-10986-95222021-04-23T14:02:45Z Microinsurance : What Can Donors Do? Latortue, Alexia Montesquiou, Aude de Ward, Vanessa ACCESS TO INSURANCE AID EFFECTIVENESS BROKER BROKERAGE BROKERAGE FIRM BROKERS BUSINESS PLANNING CLEARING HOUSES CONSUMER EDUCATION CONSUMER PROTECTION CONSUMERS COVERAGE CREDIT UNIONS CRITICAL MASS CROP INSURANCE DEVELOPING COUNTRIES DEVELOPMENT BANKS DONOR FUNDING FINANCIAL SECTOR FINANCIAL SERVICE FINANCIAL SERVICE PROVIDERS FINANCIAL SERVICES HOLDING HOLDING COMPANY INCOME INSTITUTIONAL CAPACITY INSTRUMENT INSURANCE AGENCY INSURANCE COMPANIES INSURANCE PREMIUMS INSURANCE PRODUCTS INSURANCE SERVICES INSURANCE SUPERVISION INSURER INSURERS LIFE INSURANCE LOW-INCOME CONSUMERS MARKET CONDITIONS MARKET INFRASTRUCTURE MARKET SHARE MFI MFIS MICRO INSURANCE MICROFINANCE MICROFINANCE INSTITUTION MICROFINANCE INSTITUTIONS MICROINSURANCE NATURAL DISASTERS NONGOVERNMENTAL ORGANIZATION PARTY PHONE NETWORKS POLICY ENVIRONMENT PROGRAMS REGULATORS REGULATORY FRAMEWORKS REINSURANCE RISK MANAGEMENT SEED CAPITAL SOCIAL PROTECTION SOCIALLY RESPONSIBLE INVESTORS STORES SUPPLY CHAIN TECHNICAL ASSISTANCE TRANSPARENCY UNION In most countries, reaching scale and providing real value to clients will likely require donor involvement in the medium term. Donors will need appropriate expertise and resources to engage effectively in micro insurance because it is relatively new, complex, and risky. Donors have diverse reasons for wanting to support micro insurance. Even within the same agency, different units may have varying views on how subsidies can be used best, how much clients should pay for insurance services, and what roles the government and the private sector should play. Strategic clarity on the reasons for engaging in micro insurance affects how a donor's objectives are set, how expertise is recruited, and what type of monitoring is implemented. There is still no consensus on what constitutes good performance for micro insurance programming. In part, this is simply because micro insurance is a relatively new area. To improve accountability for results, donors should agree up front on desired outcomes and performance. The Consultative Group to Assist the Poorest (CGAP) Working Group on Micro insurance's subgroup on performance indicators is leading efforts to define industry wide reporting ratios and, ultimately, to establish benchmarks. This work is essential to improve performance reporting and will help shape donors' performance agreements with partners. 2012-08-13T08:51:31Z 2012-08-13T08:51:31Z 2008-04 http://documents.worldbank.org/curated/en/2008/04/9470883/micro-insurance-can-donors http://hdl.handle.net/10986/9522 English CGAP Brief CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCESS TO INSURANCE AID EFFECTIVENESS BROKER BROKERAGE BROKERAGE FIRM BROKERS BUSINESS PLANNING CLEARING HOUSES CONSUMER EDUCATION CONSUMER PROTECTION CONSUMERS COVERAGE CREDIT UNIONS CRITICAL MASS CROP INSURANCE DEVELOPING COUNTRIES DEVELOPMENT BANKS DONOR FUNDING FINANCIAL SECTOR FINANCIAL SERVICE FINANCIAL SERVICE PROVIDERS FINANCIAL SERVICES HOLDING HOLDING COMPANY INCOME INSTITUTIONAL CAPACITY INSTRUMENT INSURANCE AGENCY INSURANCE COMPANIES INSURANCE PREMIUMS INSURANCE PRODUCTS INSURANCE SERVICES INSURANCE SUPERVISION INSURER INSURERS LIFE INSURANCE LOW-INCOME CONSUMERS MARKET CONDITIONS MARKET INFRASTRUCTURE MARKET SHARE MFI MFIS MICRO INSURANCE MICROFINANCE MICROFINANCE INSTITUTION MICROFINANCE INSTITUTIONS MICROINSURANCE NATURAL DISASTERS NONGOVERNMENTAL ORGANIZATION PARTY PHONE NETWORKS POLICY ENVIRONMENT PROGRAMS REGULATORS REGULATORY FRAMEWORKS REINSURANCE RISK MANAGEMENT SEED CAPITAL SOCIAL PROTECTION SOCIALLY RESPONSIBLE INVESTORS STORES SUPPLY CHAIN TECHNICAL ASSISTANCE TRANSPARENCY UNION |
| spellingShingle |
ACCESS TO INSURANCE AID EFFECTIVENESS BROKER BROKERAGE BROKERAGE FIRM BROKERS BUSINESS PLANNING CLEARING HOUSES CONSUMER EDUCATION CONSUMER PROTECTION CONSUMERS COVERAGE CREDIT UNIONS CRITICAL MASS CROP INSURANCE DEVELOPING COUNTRIES DEVELOPMENT BANKS DONOR FUNDING FINANCIAL SECTOR FINANCIAL SERVICE FINANCIAL SERVICE PROVIDERS FINANCIAL SERVICES HOLDING HOLDING COMPANY INCOME INSTITUTIONAL CAPACITY INSTRUMENT INSURANCE AGENCY INSURANCE COMPANIES INSURANCE PREMIUMS INSURANCE PRODUCTS INSURANCE SERVICES INSURANCE SUPERVISION INSURER INSURERS LIFE INSURANCE LOW-INCOME CONSUMERS MARKET CONDITIONS MARKET INFRASTRUCTURE MARKET SHARE MFI MFIS MICRO INSURANCE MICROFINANCE MICROFINANCE INSTITUTION MICROFINANCE INSTITUTIONS MICROINSURANCE NATURAL DISASTERS NONGOVERNMENTAL ORGANIZATION PARTY PHONE NETWORKS POLICY ENVIRONMENT PROGRAMS REGULATORS REGULATORY FRAMEWORKS REINSURANCE RISK MANAGEMENT SEED CAPITAL SOCIAL PROTECTION SOCIALLY RESPONSIBLE INVESTORS STORES SUPPLY CHAIN TECHNICAL ASSISTANCE TRANSPARENCY UNION Latortue, Alexia Montesquiou, Aude de Ward, Vanessa Microinsurance : What Can Donors Do? |
| relation |
CGAP Brief |
| description |
In most countries, reaching scale and
providing real value to clients will likely require donor
involvement in the medium term. Donors will need appropriate
expertise and resources to engage effectively in micro
insurance because it is relatively new, complex, and risky.
Donors have diverse reasons for wanting to support micro
insurance. Even within the same agency, different units may
have varying views on how subsidies can be used best, how
much clients should pay for insurance services, and what
roles the government and the private sector should play.
Strategic clarity on the reasons for engaging in micro
insurance affects how a donor's objectives are set, how
expertise is recruited, and what type of monitoring is
implemented. There is still no consensus on what constitutes
good performance for micro insurance programming. In part,
this is simply because micro insurance is a relatively new
area. To improve accountability for results, donors should
agree up front on desired outcomes and performance. The
Consultative Group to Assist the Poorest (CGAP) Working
Group on Micro insurance's subgroup on performance
indicators is leading efforts to define industry wide
reporting ratios and, ultimately, to establish benchmarks.
This work is essential to improve performance reporting and
will help shape donors' performance agreements with partners. |
| format |
Publications & Research :: Brief |
| author |
Latortue, Alexia Montesquiou, Aude de Ward, Vanessa |
| author_facet |
Latortue, Alexia Montesquiou, Aude de Ward, Vanessa |
| author_sort |
Latortue, Alexia |
| title |
Microinsurance : What Can Donors Do? |
| title_short |
Microinsurance : What Can Donors Do? |
| title_full |
Microinsurance : What Can Donors Do? |
| title_fullStr |
Microinsurance : What Can Donors Do? |
| title_full_unstemmed |
Microinsurance : What Can Donors Do? |
| title_sort |
microinsurance : what can donors do? |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2008/04/9470883/micro-insurance-can-donors http://hdl.handle.net/10986/9522 |
| _version_ |
1764409668437803008 |