Lack of insurance demand is one of the most important obstacles for the development of responsible inclusive insurance markets. In managing risk, the unserved and underserved population generally do not know which risk management tools – such as insurance – exist, and they do not trust the insurance sector. This has an important impact on the willingness to buy and renew insurance products.
Latest Knowledge Products
On the topic: Participants on the call will discuss the role of insurance supervisory authorities in developing and implementing effective national financial literacy and consumer education strategies.
The report summarises the key take-aways and recommendations of the seminar on Financial Education: Challenges, Trends and Measures of Success in Supporting Financial Inclusion in Sub-Saharan Africa held in September 2016 in Sandton, South Africa.
Berlin, 24th – 25th June 2013
The Global Program focuses on four areas: