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Catalysing partnerships

The Facility works as a catalyst – amplifying the expertise and reach of a wide range of partners.

We partner directly with insurance providers to test and scale innovations. Many of these partnerships focus on change management – supporting insurers to carry out the transformation needed to allow them to meet the risk management needs of low-income households and small businesses. Furthermore, we promote public-private partnerships, which have the potential to deliver comprehensive health and agricultural insurance at scale. 

We support our partners through a comprehensive capacity building programme. Globally, we are designing an executive education course. At the local level, we are increasing the size of our network of training institutes. This network is trained and mentored through our certification programme, enabling them to deliver our training courses independently. We are also strengthening our capacity building at the regional level, starting in Asia, where we have launched an intensive course on inclusive insurance for middle and senior managers in collaboration with the ASEAN Insurance Council. We also have a strong engagement with the African region, where some of our other capacity-building partners are based. Finally, we continue to grow our training portfolio, with new modules launched each year.

We have a wide range of strategic partners, these include global market development facilitators (Microinsurance NetworkMunich Re Foundation, UNCDFCenfriA2ii), digital solutions (MicroEnsure), health financing (ILO’s Social Protection), agriculture (BASIS/I4 Index Insurance Innovation InitiativeGlobal Index Insurance Facility) and capacity-building partners (IIAPCIFMSCPFAAoLCOI, MicroSave).

Currently, our funders and sponsored projects include the Global Index Insurance Facility with the World Bank GroupAgence Française de DéveloppementUSAID, the BASIS I4 Index Insurance Innovation Initiative at the University of California DavisFinancial Sector Deepening Africa (FSDA), AXA, Munich Climate Insurance Initiative (MCII), the Ford Foundation and the African Reinsurance Corporation.

Our past funders include the Bill & Melinda Gates Foundation, Z Zurich Foundation, the Australian Government Department of Foreign Affairs and Trade, Munich Re Foundation, the United Nations Capital Development Fund (UNCDF) and the United Nations Development Programme (UNDP).