Category: Insurance

Microinsurance provides low-income households with protection against shocks that could become catastrophic, helping to ensure financial security and keep families on the path towards prosperity. Microinsurance has traditionally been distributed through microfinance institutions (MFIs) and community-based organizations; however, technological innovations make expanding distribution more straightforward in emerging markets. 1. Access to Capital Microinsurance was developed […]

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Microinsurance is a fast-growing segment for insurers serving underserved populations. New distribution models utilizing mobile platforms are credited with driving this expansion. Customized regulatory frameworks offer consumer protection and promote transparent product offerings, but a range of hurdles hinder market expansion. Market Size Emerging markets represent an invaluable opportunity for financial inclusion, insurance penetration and […]

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Microinsurance differs from lending services by helping people protect against unexpected financial shocks. It relies on partnerships among insurers, microfinance institutions, non-governmental organizations and local self-help groups in order to provide its benefits. Jack Nelson, portfolio manager with Stewart Investors Sustainable Funds Group and Michael McCord, director of Milliman’s Microinsurance Center discuss what factors make […]

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Artificial Intelligence (AI) is helping businesses streamline their processes, procedures, productivity and customer experience – giving customers more individualized interactions. But AI systems today suffer from data centralization and opaque decision-making models that raise trust and security concerns. Blockchain networks offer a way out by dispersing AI’s power across their network while creating immutable records […]

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Life insurance provides vital financial protection for loved ones after someone passes away, with proceeds distributed upon his or her demise as well as possible living benefits1. Different kinds of life insurance may suit various needs. When making this choice, take into account your goals, coverage needs and any cash value benefits that might be […]

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Student debt can be an immense financial strain, but there are ways you can combat it faster. Here are a few effective strategies. Consider making biweekly loan payments and applying your “found money,” such as tax refunds or bonuses from work. 1. Make Extra Payments If you receive a large bonus or raise at work, […]

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In 2023, there will be several different car insurance companies to choose from. Some of the big names include USAA, Liberty Mutual, and Aviva Canada. These companies have some of the best customer service in the industry. However, you need to know how to compare them to make sure you’re getting the best deal possible. […]

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An insurance estimator is someone who looks after claims for insurance policies filed by insured people. These individuals often work for an insurance company and their primary responsibilities include investigating and settling disputes with insurers. They also inspect damaged vehicles and calculate their salvage value. If the vehicle is beyond repair, they can prepare a […]

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Are you considering purchasing general liability insurance? If so, read this article for important information. It’s easy to overlook this important type of insurance, but it can save you a significant amount of money. The policy can cover a wide range of risks, from medical expenses to accidents and damage to property. Listed below are […]

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If you’re looking for a home insurance policy, you can count on Opportunity Home Insurance Solutions to help you find the best deal. The team at this company listens to its customers’ needs and provides assistance whenever needed. The company has a solid reputation for providing quality service at a reasonable price. Read on to […]

• Insurance