Past Events

  • 17.05.2018
    1 day
    Rio de Janeiro, Brazil | Workshops and Seminars, Consumer Protection, Market Development

    The objective of this Supervisory Dialogue is to provide a platform for information sharing on the topic. An overview of how informality may affect insurance markets will be provided with an examination of the risks for consumers as well as considerations on how informality may impact the structure and functioning of the sector.  The event will also stimulate debate by bringing to light the challenges faced by supervisors and exploring approaches adopted by jurisdictions in different regions.

    The dialogue will be restricted to supervisors and is expected to bring together high-ranking representatives from across the region and beyond. 

    Download the Agenda for the event.

  • 23.03.2017
    1h
    Worldwide | Consultation Calls, Market Development

    The insurance penetration rate is traditionally calculated based on total premiums as a percentage of Gross Domestic Product (GDP). This has served as a useful high-level measure of insurance development, while providing a good basis for international comparison. However, supervisors pursuing more specific policy goals, such as financial inclusion or client value, may find that this measure on its own does not provide enough meaningful information to guide policy strategies.

  • 01.12.2016
    1 day
    San José, Costa Rica | Workshops and Seminars, Event Reports, Inclusive Insurance Regulation, Market Development

    This event gathered  60 participants from Latin American and Caribbean insurance supervisory authorities and industries.  It elaborated how client aggregators have changed the landscape of the microinsurance industry. 

  • 11.05.2016 to 12.05.2016
    2 days
    Marrakesh, Morocco | Workshops and Seminars, Event Reports, Digital Technology, Market Development

    Over 70 representatives from supervisory authorities, the insurance industry and intermediary bodies came together at the 6th Consultative Forum on “innovative products for the emerging consumer” in Marrakesh, Morocco.

     

  • 31.03.2016
    1h
    Worldwide | Consultation Calls, Market Development

     Innovative approaches to distribution are important to achieve scale and serve low-income groups that traditionally have not had access to insurance. Large client aggregators such as retailers with numerous sales agents and mobile network operators increasingly play an important role in distribution. 

     

  • 21.01.2016
    1h
    Worldwide | Consultation Calls, Market Development

    Regulatory incentives to foster the growth of inclusive insurance are important. Regulation needs to be proportionate to the nature, scale and complexity of risks inherent in individual insurance business and strike a balance between “motivating the industry” and “protecting the consumer” if it is going to achieve its intended objectives and expand access to insurance for low income consumers.

  • 02.12.2014 to 03.12.2014
    2 days
    Washington DC | Workshops and Seminars, Inclusive Insurance Regulation, Consumer Protection, Market Development

    The Access to Insurance Initiative (A2ii), the International Association of Insurance Supervisors (IAIS) and the Consultative Group to Assist the Poor (CGAP) hosted an expert symposium on “Proportional regulatory approaches in inclusive insurance markets.

  • 25.09.2014
    1h
    Worldwide | Consultation Calls, Market Development

    Given the typically low margins on low value policies, most successful microinsurance business models innovate distribution channels in order to minimise distribution costs and scale up the number of policies sold, either by leveraging groups or the infrastructure and reach of aggregators. These new ways to sell insurance typically result in long distribution chains involving a variety of entities and their employees, some of which may not traditionally be regulated by the insurance supervisor. Therefore some microinsurance business models entail a greater degree of separation between the insurer and the client than under the traditional individual sales model. This leads to the emergence of consumer protection risks that are particularly prevalent in microinsurance.