The Microinsurance Network, a member-based organization that works to advance insurance in poor countries, recently published a summary of an online discussion on public-private partnerships (PPPs) addressing themes including the role of governments in enabling PPPs, the merits and drawbacks of subsidizing the private sector, how to define success in microinsurance PPPs and current gaps in consumer protection and institutional capacity. Two case studies of PPPs in Colombia and Indonesia are also offered.
The discussion, which collected 70 comments from experts in the public and private sectors, included the need for a systemic and strategic approach, developing the entire PPP value chain, the importance of dedicated and efficient PPP management and the documentation of good practices.
A more detailed and illustrative paper on PPPs and microinsurance is scheduled for publication by the Microinsurance Network at an undisclosed date.
By Rohan Trivedi, Research Associate
About The Microinsurance Network:
Originally established in 2002 as the CGAP Working Group on Microinsurance, the Microinsurance Network was officially launched as an independent organization in 2009 based in Luxembourg. The organization aims to promote the development of insurance products for low-income populations by providing a platform for information sharing and stakeholder coordination. As of 2011, it reports 52 member organizations.
Sources and Additional Resources:
[1] The Microinsurance Network: “Newsletter – The Microinsurance Trilogy, Spring 2011”, http://www.microinsurancenetwork.org/newltr/fichier/MIN_Newsletter_23_EN_trackPageview_Newsletter_N23_EN.pdf
MicroCapital Universe Profile: The Microinsurance Network, https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=The+Microinsurance+Network
Browse the MicroCapital Universe and add your entry to the wiki at https://www.microcapital.org/microfinanceuniverse/
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