Page 43 - The Insurance Times December 2024

ing the accessibility and efficiency of 6. Lessons from Global Models:
microinsurance. These tools are critical for scaling o Case studies from countries like the Philippines, In-
inclusive insurance in underserved regions. dia, and Bangladesh demonstrated the value of tai-
lored solutions and public-private partnerships in ex-
3. Gender Inclusion: panding insurance access.
o Women play a pivotal role in advancing inclusive in-
surance. Gender-sensitive products and workforce Looking Ahead: ICII 2025
diversity can bridge the gender protection gap and
The next conference, to be held in Ecuador, will build on
contribute to economic growth.
these discussions, focusing on innovative solutions and deep-
4. Collaborative Approaches: ening global collaboration. It will continue to address emerg-
ing challenges and opportunities in inclusive insurance, driv-
o Partnerships between governments, insurers, and
ing financial resilience for vulnerable communities world-
communities are essential for overcoming barriers
wide.
and scaling inclusive insurance.
5. Data-Driven Supervision: The above report is abridged version of the Conference
o Advanced analytics and ethical data practices are Report. Full Report can be viewed in the Digital Version of
crucial for effective regulation and risk assessment the The Insurance Times December 2024 Issue and our
in inclusive insurance. portal www.bimabazaar.com.

Glimpses of the ICII Conference 2024

Shri Ram Sahaya Yadav, Hon'ble Vice President of Nepal Chunky Chhetry, President, Nepal Insurers' Association

Surya Prasad Silwal, Chairman, Nepal Insurance Authority Renate Bleich, Chair of Munich Re Foundation

The Insurance Times December 2024 39