CGAP 130d ago

Billions of people are one disaster away from losing everything. Inclusive insurance has the potential to change this — building resilience for low-income households, helping them weather crises, and preventing them from falling deeper into poverty. CGAP's research outlines what it will take to scale inclusive insurance markets for lasting impact. ────────────────────────────────────────── THE CHALLENGE ────────────────────────────────────────── Despite its potential, inclusive insurance still struggles to scale. Products often fail to meet the needs of low-income populations, and many markets operate within regulatory frameworks that aren't adapted to the realities of inclusive insurance. Without targeted action, this safety net remains out of reach for those who need it most. ────────────────────────────────────────── HOW FUNDERS CAN TURN CHALLENGES INTO BREAKTHROUGHS ────────────────────────────────────────── To implement inclusive insurance at scale, funders and stakeholders need to: ✦ Build household-centered risk management solutions that reflect the realities of low-income customers ✦ Develop scalable and innovative distribution networks to reach underserved populations ✦ Rethink how premiums are financed to improve affordability and uptake ✦ Balance consumer protection with enabling innovation in regulatory frameworks ✦ Embed inclusive insurance into national policy frameworks to create enabling environments for growth With a safety net in place, people can invest in their businesses, families, and communities — turning resilience into opportunity and driving inclusive growth. 📄 Read the full CGAP research: https://www.cgap.org/research/reading-deck/inclusive-insurance-scaling-for-resilience-and-impact ▶ Subscribe to CGAP: https://www.youtube.com/@CGAP #InclusiveInsurance #FinancialInclusion #ClimateResilience #InclusiveFinance #RiskManagement #GlobalSouth #DevelopmentFinance #InsurTech