MICROFINANCE EVENT: Microinsurance Business Models for Africa; April 6-7, 2016; Diani, Kenya

Event Name: Microinsurance Learning Sessions: Microinsurance Business Models for Africa

Event Dates: April 6-7, 2016

Event Location: The Leopard Beach Resort & Spa, Diani, Kenya

Event Summary: The topics of the conference include: (1) “Successes and challenges in microinsurance”; (2) “Client value”; (3) “Health microinsurance”; (4) “Agriculture microinsurance”; (5) “Distribution strategy and business modelling”; (6) “Consumer education”.

About the Organizers: The Munich Re Foundation was established in 2005 by Munich Re, a German reinsurance company. The foundation aims to find innovative solutions to problems of population growth, globalization, wealth inequality and the environment. Munich Re has EUR 254 billion (USD 350 billion) in total assets as of December 31, 2013. No financial information has been disclosed for Munich Re Foundation.

Launched in 2008 with a donation of USD 34 million from the US-based Bill & Melinda Gates Foundation, the Impact Insurance Facility (IIF) is housed at the International Labor Organization’s (ILO’s) Social Finance Program. Formerly known as the Microinsurance Innovation Facility, the entity’s goal is to enable the insurance industry, governments and their partners to expand insurance for low-income people with an emphasis on agriculture, health, life and property insurance. As of 2015, it has received funding from donors including Z Zurich Foundation, Munich Re Foundation, the World Bank Group, the United States Agency for International Development and the Australian Agency for International Development in addition to the Bill & Melinda Gates Foundation. ILO is an agency of the United Nations and is located in Geneva, Switzerland.

AB consultants is a Kenya-based microinsurance service provider that aims at increasing penetration of microinsurance in Kenya and other developing countries. The services it provides are strategy development, grant sourcing & development, market research, actuarial services, training, consumer education & awareness and blue print development.

The conference is being facilitated by the Kenya Insurance Regulatory Authority and supported by The Centre for Financial Regulation and Inclusion (Cenfri), Making Finance Work for Africa (MFW4A), and Micro Insurance Network.

Event Website: http://www.munichre-foundation.org/home/Microinsurance/Learning_Sessions/2016-Kenya.html

Cost: Registration for the event costs USD 320, and accommodations may be booked for USD 100 per night.

For additional information, you may contact Rita Kawira of AB Consultants Secretariat by phone at +254 792 294 018 or by email at info[at]abconsultants.co.ke

By Kevin van den Brink, Research Associate

Sources and Additional Resources

[1] Microinsurance Learning Sessions: Microinsurance Business Models for Africa

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