The MicroInsurance Centre is pleased to provide you with a copy of "Is There a Business Case for Microinsurance?" published as a feature article in the October edition of A.M. Best Review, the leading monthly journal for the insurance industry.  Co-authored by Rick Koven and Michael J. McCord, the article is a concise summary of our findings from three plus years of ground breaking research by the MILK project into the financial results of programs designed to provide insurance for the poor in Kenya, India, The Philippines, Colombia, and other develping countries.  We note the tremendous growth and promise of this emerging segment.  We also provide a candid, data driven, assessment of the drivers of profitability (or lack thereof) and identify the significant challenges to financial sustainability.  We believe the article will be of interest to insurers, donors, regulators and others interested in why, where, and how microinsurance can work as a business while also meeting real financial security needs for many billions of people at the bottom of the income pyramid.  Click here to access the full article.  

Microinsurance Learning and Knowledge (MILK) is a project of the MicroInsurance Centre working collaboratively to understand client value and business case in microinsurance. Barbara Magnoni leads the client value efforts and Rick Koven leads the business case efforts.

For more information, visit the MILK project website. With questions, contact Michael J. McCord at mjmccord@microinsurancecentre.org, who directs the project, or reply directly to this email.