18th IAIS-A2ii Consultation Call on "How Supervisors Can Help Enable Access to Insurance for Migrants", 22 September 2016

On the topic: In many ways, migrants are more vulnerable than locals. They frequently work in high-risk, low-wage jobs, tend to be excluded from social protection and healthcare in the host country, and oftentimes lack the support of local communities. Moreover, their families in home countries often depend on them for financial support, especially in times of emergencies.

On this call, we discussed how access to insurance can help mitigate the risks confronting migrants, why supervisors should be concerned, and how regulation can help. We explored potential product models, country experiences, and potential regulatory issues – from both the home and the host supervisors’ perspective.