Protecting the Poor: A Microinsurance Compendium: Volume II

Published by the ILO and the Munich Re Foundation, the second volume of the Microinsurance Compendium examines the recent developments and achievements of the microinsurance sector by bringing together the latest thinking of leading academics, actuaries, and insurance and development professionals in the microinsurance field.

Since the publication of the first edition, the landscape of microinsurance has changed enormously. With almost 500 million people now covered by microinsurance, the book discusses the main trends and evolution of the sector while also considering where it currently stands from a global point of view. The focus of the book is on how insurance products and services can successfully tackle the needs of low-income populations and help to reduce their vulnerability.

Essential reading for insurance professionals, practitioners and anyone involved with offering insurance services to low-income persons, the second volume covers many of the new challenges faced by stakeholders in the sector. These include the potential impact of microinsurance, consumer education and client value, designing products for specific target groups, distribution and intermediation, price with limited data, conducive regulations and appropriate consumer protection, and innovations in technology.