Access to Insurance Initiative and United Nations Capital Development Fund Launch Training on Index Insurance

The Access to Insurance Initiative (A2ii) and the United Nations Capital Development Fund (UNCDF) announce the launch of two pioneering self-directed training programs on index insurance. These programs are designed to empower insurance supervisors and other stakeholders engaged in the development of index insurance markets, particularly in Emerging and Developing Economies (EMDEs).

Index-based insurance is a valuable tool for extending coverage to previously excluded or underserved segments, facilitated by the implementation of suitable regulations and incentive policies. As digitization and technology permeate the entire insurance value chain, supported by favorable regulations, index-based insurance transcends its traditional role of safeguarding against weather and catastrophic risks. This expansion of index insurance heralds possibilities for insurance markets, establishing itself as a tool for supervisors, regulators, and policymakers dedicated to narrowing the protection gap.