Being online is important as it provides a reliable and free venue to communicate with others but majority still has trust and security issues.
Philippines:Microinsurance penetration rate to hit 48% by 2022
What is Microinsurance?
The first online communities promoting access to microinsurance will be created through the partnership of the German Development Cooperation (GIZ), Prudential Life UK, and Commlinked.
The policy making body of the MEFIN network, a network of insurance regulatory authorities in Asia working for a peer-to-peer exchange of knowledge and experiences with the insurance industry, held its second steering committee meeting last 09 December 2016 to set the directions of the Network for 2017.
Thirty-five (35) participants from sixteen (16) public, private and civil society organizations will receive training from the German Development Cooperation (GIZ) to assess the insurance gaps among Small and Medium Enterprises (SMEs) in Vietnam on 7-8 December 2016.
A seminar with the theme, "Microinsurance: Strengthening the Universal Health Care System" was held at the Insurance Commission (IC) on 08 November 2016.
Insurance has been in existence since ancient times. Men invented it to manage forces beyond its control.
UN Secretary General's Special Advocate for Inclusive Finance for Development.