Explore the latest global and regional insights from Women’s World Banking’s work in policy, leadership, women’s entrepreneurship, gender lens investing, and more.
By Agnes Salyanty & Maria Serenade Sinurat One morning in May 2022, Susanti (41), woke up with a sharp pain in her stomach. At first, she thought she was pregnant. But after an ultrasound, she received devastating news: a tumor was growing inside her. She immediately turned to BPJS Kesehatan,
Meet Ruth. She is a 26-year-old Nigerian woman and the owner of a mini pharmacy in Ilesha town in southwestern Nigeria. Ruth, like many other Nigerian women, is particularly vulnerable to health risks and faces gender-specific challenges related to maternity. According to the latest Findex, sixty-two percent of Nigerian women
This report highlights the critical role of women’s financial resilience in fostering their long-term financial empowerment. With a focus on rural women under the Pradhan Mantri Jan Dhan Yojana (PMJDY) scheme, the report underscores how microinsurance adoption is key to building financial security in India. India’s Insurance Ambition: ‘Insurance for
by Elizabeth Ingerfield, Manager, Leadership & Diversity Programs In a world of greater unpredictability and climate impacts, insurance can be a challenging product to deploy. Forward-thinking regulators, policymakers, and supervisors are changing their tactics, ensuring insurance can be a tool for inclusion. In a recent event bringing together alumni from
Women’s World Banking, AID:Tech, and Binance Charity Foundation sign memorandum of understanding (MOU) to design new technology platform to accelerate scale of Caregiver microinsurance product New York, USA – November 8, 2019 —Women’s World Banking, AID:Tech, and Binance Charity Foundation today announced a partnership to design a new technology platform
Understanding clients must remain at the center for microinsurance solutions to truly serve as a good pair of running shoes.
Health insurance is complicated. It is full of financial jargon, and it can be confusing to understand even for those who can afford it and are paying premiums for it.
Can microinsurance be meaningful for clients and sustainable for the provider? Our woman-centered, client-centric approach in Egypt shows it can.
Select excerpts from our comprehensive publication on inclusive health microinsurance products offer an overview of our approach to design and delivery of insurance that works for women.
A series of one-pagers highlighting select topics from our comprehensive publication, “Health Microinsurance: An Inclusive Approach.”
The publication highlights how the insurance industry can play a major role in increasing financial protection for women—including those from low-income levels—through approaches that target their specific needs.
While microinsurance appears to be moving into the mainstream, it’s focus on client-centricity make success a trickier proposition.
Gilles Renouil, Director, Product Development (Microinsurance) wrote an article on Women’s World Banking’s approach to managing fraud in microinsurance.
In this video, Women’s World Banking and its partners share their experience in building a meaningful and sustainable product for low-income women in Jordan, Morocco and Uganda.
Introducing our newest publication where we outline our research-driven approach to developing inclusive health microinsurance products in varied markets.
How firsthand experience with our clients and partners is helping Women’s World Banking’s fundraisers accurately and authentically communicate our work.
Women’s World Banking gathered partners in Jordan to discuss, debate and learn about microinsurance best practices.
The women’s microinsurance market is a trillion dollar opportunity for insurers. Experts on how to tap this market while ensuring meaningful value for clients.
Mazen Nimri of Jordan Insurance Company shares what it’s like to develop insurance for low-income people, from the insurer’s perspective.
Our research on the health needs and behaviors of low-income men and women in Egypt found many barriers—cost, priorities—as barriers to accessing healthcare.
The poor are vulnerable to risk, a cause of persistent poverty. Microinsurance is one solution to mitigate risk, yet demand remains disappointingly low. This article looks at lessons learned and selective recommendations for increasing demand, based on academic studies and the experiences of over 60 innovation partners of the ILO’s Impact Insurance Facility.
Chief Product Development Officer Anna Gincherman blogs on the importance of client research in building meaningful microinsurance products that meet women’s needs.
Women’s World Banking is known for the in-depth customer research that precedes all our product development work. Our new insurance director witnesses this first hand during his first trip to the field.
Why is it important to serve low-income women with microinsurance products? In this one-pager, we provide a brief summary of our product development approach and an example of a successful product rollout.
Our new microinsurance director blogs about his shift from managing risk in corporate insurance to developing meaningful insurance for low-income women.
Senior Associate for Knowledge and Communications Gayle Gatchalian wrote about our research into the healthcare needs of Egyptians and Ugandans for The Huffington Post ImpactX blog, through the support of the Cisco Foundation.
Volunteer Melisa Nunez reviews the recent webinar Women’s World Banking hosted on best practices in marketing microinsurance based on extensive research and application of these insights.
Developing a meaningful insurance product for Finance Trust Bank’s low-income clients was not enough. We needed to develop an educational marketing campaign to help their clients understand (and make use of!) the TrustCare product.
With support from Agence Française de Développement, Women’s World Banking went to Morocco in March of this year to meet with rural and urban clients of the institution to help AlAmana solve the mystery of why clients weren’t using their microinsurance.
“How much did you spend on healthcare last time you were hospitalized?” That was the question Women’s World Banking’s research team posed to more than 70 participants of focus groups organized in Uganda early this year as part of our project to introduce a health microinsurance product with our local network member. The question seems straightforward enough, a simple matter of sums. As we found however, most of the participants were not aware of the full cost of their hospitalization and even severely underestimated it.
Finance Trust Bank and Women’s World Banking are working together to develop and offer a health microinsurance product to help alleviate the financial burden of major illness for their low-income clients. We began our product development work as all Women’s World Banking projects do: with in-depth market research. Specifically in Uganda, we needed to understand the usage, needs, financing and costs for healthcare among low-income people, as well as their awareness of insurance.
We sat with Yolanda and Antonio on plastic chairs under a thatched roof hanging over the front of their house. They had lived on the same 5.5 acre land in Peru for decades and raised two boys by selling milk from their three cows, crops like tomatoes, paprika and corn,
MFW is a client-centric institution that prides itself on striving to meet their clients’ needs. In the process of analyzing the life cycle of their clients, they realized that there are many circumstances where clients face health-related issues that involve many expenses and often loss of income, all of which have a negative impact on the financial stability of the household, maternity and child birth being the most common. With Women’s World Banking’s support and product development expertise, MFW set out to create a product to cover clients facing those health emergencies.
Research has shown that healthcare costs often exert the most financial pressure on poor families. The poor lack the resources to respond quickly in a health emergency, both with the cost of care and the ability to forfeit work to seek care.
CARD MRI, the and Freedom from Hunger are longtime partners and worked together to design and implement the Microfinance and Health Protection Initiative.
Fadi Al-Tawabin, a Microinsurance Officer at Microfund for Women Jordan, explains the development of the hospital cash microinsurance product provided by his institution, a product developed with Women's World Banking.
A global microfinance institution, specialising in providing women in less developed countries with insurance, has expressed its desire to work with Australian brokers in a bid to access affordable policies for its members.
In a recent project we worked with our network member Microfund for Women (MFW, Jordan) to launch Ri’aya (The Caregiver Policy). Ri’aya is a unique micro‐health insurance product that provides a cash benefit after hospitalization to help with costs associated with loss of business, medical expenses, transportation and other household needs.
Research has shown that healthcare costs often exert the most financial pressure on poor families. Given the negative impact a health emergency can have, microinsurance has tremendous potential to provide security and stability to a poor household.
“Microinsurance that Works for Women: Making Microinsurance Programs Gender-Sensitive” introduces the ground-breaking work that Women’s World Banking has done on developing microinsurance programs tailored to the unique needs of women.
Marketing for Microfinance is designed as a reference guide for microfinance organizations seeking to develop their marketing capabilities.
