Responsible Finance Forum

Access to Insurance Initiative: Inside the Initiative

01 April 2014
Source:  Access to Insurance Initiative
Access to Insurance – An important strategy for reducing vulnerability

The inability to manage vulnerability can perpetuate poverty. Access to insurance services can play an important role in mitigating welfare losses. Regulation and supervision can facilitate insurance markets to become more accessible and inclusive for low-income households.

The Access to Insurance Initiative is a global partnership with the mission to inspire and support supervisors to promote inclusive and responsible insurance, thereby reducing vulnerability. The Initiative is the implementation partner of the Global Standard Setting Body, the International Association of Insurance Supervisors (IAIS) on access to insurance.

Our goal is to strengthen the capacity of policymakers, regulators, and supervisors seeking to advance inclusive insurance markets, particularly for low-income clients, by promoting sound, effective and proportionate regulation and supervision of insurance markets based on IAIS standards.