Churchill Presentation In Dakar Plenary 3
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The presentation addresses the following questions: Should an MFI offer microinsurance? If so, through what institutional structure? If they partner with an insurance company, how to manage that relationship effectively? What products should the MFI offer?
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Churchill Presentation In Dakar Plenary 3
- 1. Microinsurance and MFIs Craig Churchill Microinsurance Innovation Facility International Labour Organization
- 5. 2. Institutional options Reinsurer Risk Carrier Policyholders (low-income households) Delivery Channel Administration platform Broker Microinsurance supply chain
- 9. 2. Institutional options CARD Mutual Benefits Association (MBA) in the Philippines is a separate legal entity owned and managed by the members of CARD Bank and other institutional affiliates. Its Board of Trustees is composed of active members of the Association elected by the general membership. Members of CARD’s microfinance programmes are automatically enrolled with CARD MBA. As of July 31, 2009, the MBA had a total membership of 863,032 households, or more than 4.3 million lives insured. The total assets of the Association have increased from $164,000 in 1999 to $31 million in July 31, 2009.