Microinsurance in a Nutshell: Only for Africa

Listen to David Schraub, Senior Practice Research Actuary at the SOA Research Institute, talk about the recently published report "Microinsurance in a Nutshell: Only for Africa?"  The journey for microinsurance, nowadays called inclusive insurance, started a long time ago and is not complete in the majority of the low-income and low middle-income markets. When seeking to enhance inclusive insurance markets, it is useful and necessary to have a good understanding because it entails a different treatment of customers, distribution, products, pricing, client management, premium collection, claims declaration and settlement, and reporting. Report:  https://www.soa.org/resources/research-reports/2023/microins-in-a-nutshell/