In this post we would like to share four webinars organized and recorded by ILO’s Impact Insurance Facility.
The role of governments in scaling up agriculture (index) insurance
This webinar looked at how governments can catalyse the development of agriculture insurance markets through a variety of interventions such as the provision, administration and management of subsidies, support for developing infrastructure for effective implementation of insurance programmes, investment in collection and sharing of data and customer education. It also looked at the government’s role in developing enabling regulations and using insurance as a part of their social protection and agriculture development agendas. Organized together with the WBG’s Global Index Insurance Facility, the USAID & Basis/I4-supported Global Action Network for agriculture insurance, it featured resource persons from USAID, the World Bank and the Government of Kenya.
The entire webinar can be rewatched on our YouTube channel. You can access the slides of the webinar through Slideshare. Some of the questions in the Q&A session of the webinar were left unanswered. The panellists have taken a look into these and you can access their responses here.
Customer education in agriculture insurance
The ILO’s Impact Insurance Facility, together The WBG’s Global Index Insurance Facility, the USAID and BASIS/I4-sponsored Global Action Network (GAN), organised a webinar to look into “Issues and challenges around customer education in agriculture (index) insurance”. This webinar featured resource persons both from implementing organizations and international development players. It looked into consumer education roles of different players in the insurance value chain, discussed issues arising at both micro (individual farmers) and meso (community) levels, and showcased some interventions on how consumer education is undertaken.
How can index insurance be bundled with other financial and non financial services
The ILO’s Impact Insurance Facility, together The WBG’s Global Index Insurance Facility, the USAID and BASIS/I4-sponsored Global Action Network (GAN), organised a webinar to look into the question “How can index insurance be bundled with other financial and non financial services”. This webinar featured speakers from global organizations who shared experiences and discussed which services and activities in the agriculture value chain are most aligned for bundling. It explored mechanisms and issues in bundling, and also looked into the possible impact of bundling on pricing & off-take of index insurance and measures of tracking it.
The entire webinar can be rewatched on our YouTube channel. You can access the slides of the webinar through Slideshare. Panelists also took time to provide additional inputs, following questions asked in the webinar’s Q&A session.
Meso-level distribution: Opportunities and challenges
The sustainability of agriculture insurance programmes relies primarily on reaching scale and controlling the costs of distribution. With this in mind, insurers are designing meso-level insurance policies that cover the entire portfolio of an aggregator. But while there are promising gains, there is still much to learn from implementing these solutions to achieve scale and efficiency.
Jointly organized by the Global Index Insurance Facility and the ILO’s Impact Insurance Facility, this webinar discussed opportunities and challenges in meso-level distribution. It presented diverse viewpoints on aggregate distribution and portfolio covers and the roles of various stakeholders. It highlighted experiences of scaling up and how such initiatives impact customer understanding and client value.