Report Summary:

Microinsurance is both a regulatory requirement for insurers operating in certain high growth markets and an important element of a long-term global growth strategy as today's global poor become tomorrow's mass market.

However, insurers entering the market today are operating in a truly new environment in which pricing, product design, distribution, operating model, and technology all differ widely from established models.

This report draws on direct conversations with industry participants and distills a large volume of information created to address microinsurance in the context of international development into key points for insurer executives planning their microinsurance strategies.

CONTENTS

Introduction…2
Market Overview…4
Product Overview…6
Understanding the Challenges…8
Rethinking Value for Microinsurance …10
Distribution Strategies…11
Technology Strategies…13
Conclusions…16
About Novarica…17