Creating Opportunity Where It's Needed Most
A A A share

Financial Institutions

In partnership with

 

  

GIIF is funded by the European Union, Japan and the Netherlands.

 

The EU is the primary donor partner to the GIIF Trust Fund with a focus on the African, Caribbean and Pacific Group of States (ACP). The governments of Japan and the Netherlands are providing additional support to different regions/countries where IFC operates.

Global Index Insurance Facility

 

Overview

 

FAQ Index Insurance

 

GIIF Projects by Region

 

Technical Partners

Asia Pacific


GIIF works both with private sector and public sector players in order to build index insurance markets.

 

On the private sector side, the GIIF IFC Team funds implementing partners comprised of an intermediary “broker/agent” who develops index insurance products with local and regional insurance companies who then sell the products. The index insurance products are often bundled with loans or credit and distributed mostly through portfolio-level aggregators such as agribusinesses, banks and microfinance institutions, and cooperatives.

 

On the public sector side, the GIIF WB Team works closely with governments at the regional and national level on policy issues to create an enabling legal and regulatory environment for index insurance. The GIIF WB Team also carries out feasibility studies and index insurance pilots to test the feasibility of index insurance markets.

 

East Asia

  • GIIF has funded one private sector implementing "broker" partner in Indonesia, Pt. Asuransi Maipark.

South Asia

  • GIIF has funded one private sector implementing “broker” partner in Sri Lanka, Sanasa Insurance.

Pacific

On the public side, GIIF has started activities in the Pacific in 2012, with a feasibility study for Papua New Guinea.

 

Stay Connected