Bolivia’s Journey to Inclusive Insurance
In August 2022, the Bolivian Pension and Insurance Supervisory and Control Authority (APS) launched an Inclusive Insurance Regulation aimed at increasing access to insurance products for low-income populations.
A2ii is excited to announce a new case study that examines the background, objectives, and outcomes of the Bolivian Action Plan that has led to the new Regulation.
Click here to read the case study.
The journey began with Bolivia's participation in the A2ii-IAIS-Toronto Centre Inclusive Insurance Training in 2019, an instrumental step in the country's decision to launch an inclusive insurance regulation in 2022. The regulation, developed over the course of several years, faced political challenges and a global pandemic and was a direct result of the action plan drawn up by the participants from the APS during the training, subsequently supported by the A2ii and the Toronto Centre until its launch.
After the regulation was launched and implemented in 2022, A2ii interviewed key stakeholders to learn about their experience and perspectives in the regulatory process. These experiences are showcased throughout the case study, to serve as an example and an incentive for other insurance supervisors in their journey to inclusive insurance.
For any questions or further information on the Bolivia case study, please contact secretariat@a2ii.org.
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