microinsurance News
Kenyan Startup Sells Insurance Starting at $1 a Month
A Kenyan startup that offers insurance from as little as $1 a month is betting the market for small policies will eventually make money, even if the metrics are pointing in the other direction. "To ...
Allianz-Owned Microinsurer BIMA: Closing the Protection Gap in Developing Nations
The insurance protection gap in developing nations is being filled by a growing group of microinsurers, which provide coverage that ranges from life and health insurance, to crop insurance, to ...
Blue Marble, The Nature Conservancy Team to Offer Microinsurance for Ranchers in Latin America
The Nature Conservancy (TNC) and Blue Marble Microinsurance said they've formed a partnership designed to provide microinsurance for small ranchers in Latin America who use a weather-resilient ...
Research: Microfinanced Business Success Tied to ‘Spiritual Capital’ in Developing Countries
Higher levels of spiritual capital—the motivation, energy and work ethic one gets from a relationship with God—have a positive effect on business success, employment and innovation in developing ...
Building a New Business Model at Blue Marble Microinsurance
As with many modern businesses, Blue Marble Microinsurance Inc. began with the same question entrepreneurs and innovators ask themselves every day: What can we do differently that will eliminate ...
Insurers Collaborate to Help Underserved Markets
In January, industry heavyweights from the property/casualty insurance underwriting and brokerage world announced a plan to improve risk protection for underserved markets in developing countries by ...
Collaborating With Competitors? It Happens When Innovation Is the Goal
Collaboration between competitors happens in the property/casualty insurance industry when the goal is to tackle tough risk issues like improving protection for vulnerable low-income populations ...
XL Catlin’s McGavick on Innovation
This article is part of our insurance innovators interview series. Mike McGavick, Chief Executive Officer, XL Catlin Q1: In your view, what has been the greatest innovation in the P/C insurance ...