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Our Funders and Partners

As a catalyst for action, the Facility works with a diverse range of strategic partners. Working with donors and partners is part of the Facility’s strategy to complement its own expertise, capacity and reach. 

Funders and sponsored projects

Access to Finance Rwanda

The partnership between the Facility and Access to Finance Rwanda aims to develop the capacity of the insurance industry to provide better insurance products for the working poor, products that promote financial inclusion and productivity. The capacity-building activities under this project will enable the insurance industry to create innovative mechanisms to distribute inclusive insurance products and to reduce the vulnerability of low-income workers. Click here to learn more about the partnership.

African Reinsurance Corporation

This partnership aims to support and enhance the development of microinsurance markets in African countries through market facilitation, sharing of good practices and building capacity of practitioners and training institutes. Click here to learn more about the partnership.

Agence Française de Développement

This partnership intends to strengthen the resilience to risk of the low-income population in sub-Saharan Africa. With the aim of providing better access to valuable insurance products by stimulating innovation, the project will implement action research interventions to improve scale. It will provide capacity building to partners and the broader industry as well as disseminating new lessons to governments and other relevant stakeholders, in order to influence public policy. Click here to learn more about the partnership.
AXA

This partnership aims to design and deliver impact insurance innovation to benefit low-income workers, especially women and migrants in Indonesia. The key output of this collaboration will be critical insights into the design and delivery of insurance products for excluded populations, especially women and migrants, which will be widely shared with the insurance and development communities. Click here to learn more about the partnership.

Ford Foundation

Through this partnership with the Foundation the Facility will improve the understanding and implementation of insurance services and appropriate outreach mechanisms for farmers and farm workers to access government insurance programs. It will do so through the extraction and dissemination of lessons learned through knowledge sharing sessions as well as through building the capacities for effective claims settlements through piloting use of technology for crop cutting experiments and claims adjustment /payment. These will help in building of demonstration cases lessons from which can be utilized for further action. Click here to learn more about the partnership.

Munich Climate Insurance Initiative

This partnership between the ILO’s Impact Insurance Facility and the Munich Climate Insurance Initiative (MCII) It focuses on the second phase of the Climate Risk Insurance and Adaptation in the Caribbean to build the capacity of both insurers and distribution channels (providers) and create awareness among consumers in the target countries in the Caribbean for weather index based parametric insurance products. Click here to learn more about the partnership.

Financial Sector Deepening Africa (FSDA)

With the support of UK Aid, the Facility and Financial Sector Deepening Africa (FSDA) are launching a new partnership to support insurers to provide valuable and scalable insurance solutions to low-income households and SMEs in sub-Saharan Africa. The goal is to work with insurers and distributors to implement organizational change management and product innovation. Click here to learn more about the partnership.

FSD Uganda

The Facility collaborates with FSD Uganda in order to improve the offer of inclusive insurance in the country. It does it by building the capacity of the Insurance Institute of Uganda to offer courses on inclusive insurance to the local market. Thanks to this effort, it is expected that more than 200 insurance professionals will be exposed to state-of-the-art inclusive insurance expertise. These professionals can put this knowledge to use which in turn will benefit thousands of low-income households, enterprises and smallholder farmers.  Click here to learn more about the partnership.

IFAD

The partnership between the ILO and IFAD on INSURED, through the Platform for Agricultural Risk Management (PARM), aims to increase the resilience, to strengthen the capacity to manage risks, and to improve the livelihoods of poor rural households. Click here to learn more about the partnership.

Prudential Foundation

The partnership between the Facility and the Prudential Foundation aims to strengthen the resilience to risk for low-income populations in Asia and Latin America. Through this partnership, the Facility will stimulate product innovation in Asia benefiting low-income households and small enterprises. The project will also facilitate the development of inclusive insurance markets in two Latin American countries. Click here to learn more about the partnership.

USAID
BASIS/I4 Index Insurance Innovation Initiative

With the support of USAID, and in coordination with the BASIS Index Insurance Innovation Initiative (I4) at the University of California Davis (BASIS), the Facility created the Global Action Network, which is a community of experts and practitioners on agriculture insurance. The project aims to expand innovations in agriculture insurance and ensure proficient implementation on the ground through enhanced co-ordination. We intend to help accelerate the availability and adoption of agriculture insurance (Index insurance) as part of a broader risk management strategy. Click here to learn more about the partnership.

Past funders        
Bill & Melinda Gates Foundation The Bill and Melinda Gates Foundation gave the ILO an opportunity to pursue its vision in the field of microinsurance. Since its inception in 2008, the Facility has demonstrated commitment in providing viable insurance to the working poor, thereby helping them manage risks better. The Foundation has supported much of the Facility’s work, including its innovation grants, and capacitybuilding and knowledge management initiatives. 

Global Index Inusrance Facility

World Bank Group

The World Bank Group's Global Index Insurance Facility (GIIF) supported our work on enhancing knowledge of and building capacity for index insurance. This partnership drew key lessons from the experiences of the GIIF partners, with the support of the Dutch Ministry of Foreign Affairs and the European Union. Click here to learn more about the partnership.
GBG Foundation

Thanks to the partnership with the GBG Foundation, the Facility continued to enable hundreds of practitioners to benefit from best practices and cross-country experiences, indirectly enabling millions of low-income people to benefit from valuable insurance solutions over a period of five years. In this period, low and middle income households will manage risks in an efficient way that reduces vulnerability and increases their capacity to make productive investments in order to improve their livelihoods. Click here to learn more about the partnership. 

FSD Kenya

Our partnership with FSD Kenya supported the NHIF while they made efforts to extend the health insurance package to informal sector workers and their families. Our activities were based on an earlier feasibility study done in partnership with FSDK, which recommended using public-private partnerships enabled by digital technology to increase access to NHIF health insurance through an agency distribution model. This collaboration supported greater access to the NHIF scheme and also better health and financial protection for informal workers and their families. Click here to learn more about the partnership.

Z Zurich Foundation Z Zurich Foundation contributed funding for the Facility’s fifth round of innovation grants. This helped innovations in technology and processes in areas that are central to the industry to build scale in an efficient way.
Australian Government Department of Foreign Affairs and Trade
The Facility received a grant from the Australian Government to develop five training modules. 
Munich Re Foundation The Facility received support for the publication of Protecting the Poor: A Microinsurance Compendium (volume 1 published in 2006; volume 2 published in 2012) from Munich Re Foundation.
 UNCDF

United Nations Capital Development Fund / United Nations Development Programme (UNDP)

 

UNCDF supported our market development efforts in Ethiopia, Zambia, Senegal and more broadly in Africa.

Strategic Partners

Global/regional facilitators

Market development enablers

Digital solutions

Health financing

Agriculture

Capacity-building partners