MicroEnsure operates as the lead partner on microinsurance projects. Whilst we neither sell the product nor bear the in-country risk, we are often responsible for delivering nearly every other element of the project.
Our experience has taught us that microinsurance requires an integrated approach. Our customer care staff must be world class; however, we must proactively manage risk in order to mitigate fraud and other threats to the success of the project.
Similarly, we must minimize complex terms, conditions and exclusions, but simultaneously work with our partners to expand our reach in order to ensure that our simplicity is supported by scale. There are many such equilibria in microinsurance, which require the use of a knowledgeable service provider to ensure alignment between project elements.
As a single-point service provider, we handle the following functions:
Business Case and Partnership Structure
Project Planning and Execution
Value Chain Facilitation: Insurance and Reinsurance Arrangement
Legal, Commercial and Service Level Agreement Content