Over the course of 2018, the International Association of Insurance Supervisors (IAIS), the Access to Insurance Initiative (A2ii) and Microinsurance Network (MiN) organised three Consultative Forums on the topic of 'InsurTech - rising to the regulatory challenge'. The forums provided a platform for in-depth discussions about the future of insurance and regulation given the rise of new digital technologies.
On 24 October the IAIS, A2ii and Microinsurance Network in partnership with the Association of Insurance Supervisors of Latin America (ASSAL) and the Superintendencia de Seguros de la Nación (SSN) organised the Latin American Consultative Forum. Exciting discussions took place on the future of insurance given the rise of new digital technologies.
This Supervisory Dialogue event provided an overview of how informality is affecting insurance markets, examined the risks and focused on the challenges faced by insurance supervisors as a result.
The event also provided a platform for peer to peer information sharing on the topic. Presentations were made of the approaches taken by supervisors in different regions to encourage formalisation and greater financial inclusion.
Digital technologies are rapidly changing the insurance landscape worldwide. In Africa currently, mobile insurance is prevalent, but other digital technologies are on the rise too, helping to provide a large number of households with coverage for the very first time.
The 12th Consultative Forum (CF12) on the topic of InsurTech: rising to the regulatory challenge took place on 20 March in Colombo, Sri Lanka gathering high-ranking representatives from the regulatory and supervisory bodies (in Asia), industry, NGOs and other stakeholders. Continue reading to access all the relevant documents and presentations.
Read the Briefing Note to find out what were the key findings and lessons learned from the 11th Consultative Forum which took place in Lima, Peru on November 6, 2017.
The underlying goal of the Forum was to foster sound policymaking for the development and scaling up of agricultural insurance in Latin America. This was the last of a three-event series organised in 2017 on the topic of agricultural insurance as a tool for disaster resilience in Asia, Africa and Latin America.
A2ii hosts panel on digital technologies and trends in InsurTech at the 13th International Microinsurance Conference in Lima, Peru. Here’s the rundown.
In May 2016, the Inter-African Conference on Insurance Markets (CIMA) in partnership with the Access to Insurance Initiative (A2ii) hosted a workshop in Abidjan, Côte d'Ivoire.
This document serves as a preliminary summary of a larger study commissioned by the Access to Insurance Initiative (A2ii) for 2017. The summary provides a review of supervisory approaches to mobile insurance (m-insurance) in various jurisdictions with the aim of providing inputs to the forthcoming IAIS1 -A2ii-CIMA2 Conference on Mobile Insurance Workshop in Douala, Cameroon from 23rd- 24th February 2017.
It is slightly over a decade since the first microinsurance regulations were introduced in India in 2005. With at least 18 insurance supervisors having rolled out microinsurance regulations today, the landscape is now vastly different. In this milestone publication 'Proportionate Regulatory Frameworks in Inclusive Insurance: Lessons from a Decade of Microinsurance Regulation', we look back at what supervisory approaches have been undertaken since then and draw lessons from the past.