Date: November 13 - 15, 2007
Location: Mumbai, India
Organized by: This event was the third international Microinsurance Conference and jointly hosted by the CGAP (Consultative Group to Assist the Poor) Working Group on Microinsurance and the Munich Re Foundation with the support of the IRDA.
Target audience: Around 300 experts from 50 countries exchanged experiences and discussed the challenges of microinsurance. They included representatives from international organisations, NGOs, development-aid agencies, commercial insurance companies and policymakers.
Contact: Colleen Mascenik
Overview: There are many challenges in providing microinsurance. Low-income persons are vulnerable to risks, but so far insurance has been accessible only to a few, often through informal or mutual schemes. In most countries, commercial insurers have largely stayed away from the low-income market, mainly because of high costs and small premiums. Yet that is beginning to change, as new cost-effective models are emerging to extend insurance to the poor.
Format: The conference had four panel discussions on key topics addressing an interdisciplinary audience. Fiveteen parallel working group sessions dealt in depth with different subtopics. Interactive sessions of approximately 90 minutes were the key part of the conference, encouraging the discussion of work in progress and facilitating dialogue in small groups on emerging issues. Learn more »
Agenda