Page 76 - The Insurance Times December 2024
P. 76

systems Through Multi-Stakeholder Prac-              nity-driven model for agricultural insurance, which leverages
                                                              local cooperatives to distribute and monitor insurance poli-
         tices
                                                              cies. Jun Jay Perez highlighted RIMANSI's strategies in the
         Hosted by: A2ii                                      Philippines, showcasing mutual models' resilience in expand-
                                                              ing financial protection. The session underscored the impor-
         Speakers:                                            tance of community engagement and trust in cooperative
             Joscha Sisnowski, A2ii Advisor, Germany
                                                              insurance models.
             Barbara Chesire, Managing Director, AB Entheos Ltd.,
             Kenya                                            Parallel Session 7: Pitching Sessions
             Pujan Dhungel Adhikari, Director, Nepal Insurance Au-  Speakers:
             thority, Nepal
                                                                 Balachandran M.K, Head of Growth, Ibisa Network,
             Suman Ghimire, CEO/Co-Founder, PlantSat by Seed In-  India
             novations, Nepal
                                                                 Bhakti Dama, Founder, Protector IQ, India

         Facilitator: Teresa Pelanda, Advisor, A2ii, Germany     Sarathy Srinivas, Head - International, WRMS Global,
                                                                 India
         Summary:                                                B. Muthukunarasamy, Program Leader, DHAN Foun-
         The A2ii's Inclusive Insurance Innovation Lab showcased  dation, India
         multi-stakeholder practices to drive insurance innovation.
         Joscha Sisnowski emphasized the value of cross-sector col-  Facilitator: Richard Leftely, Founder, Wavu Limited, UK
         laborations in regulatory innovation. Barbara Chesire shared
         insights from Kenya's ecosystem, where digital tools im-  Excerpts : Sarathy Srinivas presented "Securisk", noting that
         proved agricultural insurance distribution. Participants dis-  parametric insurance needs to ensure that the data it has
         cussed prototypes developed during A2ii's lab, with Pujan  is relevant.
         Dhungel highlighting regulatory innovations implemented in
         Nepal to support inclusive insurance markets.        B. Muthukunarasamy from DHAN Foundation explained
                                                              how they use technology to increase impact.
         Parallel Session 6: The Business Case for
         Cooperative and Mutual Models in Inclu-              Balachandran M K presented how they are supporting vul-
                                                              nerable communities.
         sive Insurance
         Hosted by: ICMIF                                     Summary:
                                                              The pitching session allowed project leaders to present in-
         Speakers:                                            novative insurance solutions, seeking funding and partner-
             Ahila Devi Subramanian, CEO, DHAN People Mutual,  ships. Ideas included climate resilience platforms, affordable
             Dhan Foundation, India                           health insurance apps, and crop monitoring technologies.
             Jun Jay Perez, Executive Director, RIMANSI, Philippines  Sarathy Srinivas' WRMS Global presented a digital monitor-
                                                              ing tool for smallholder farmers, while Protector IQ focused
             Yasaranga Godawela, Deputy General Manager - Com-
             munity Sales Channel, Sanasa Life Insurance, Sri Lanka  on risk management for MSMEs. The pitches highlighted
                                                              promising technologies that align with inclusive insurance
             Zachary Wambugu, Managing Director, CIC Africa Co-  goals.
             operative, Malawi
                                                              Parallel Session 8: Improving the Value and
         Facilitator: Diana Almoro, Regional Lead Asia Pacific, UNDP-
         IRFF, Thailand                                       Viability of Inclusive Insurance
                                                              Hosted by: ILO
         Summary:
         This session explored cooperative and mutual models as  Speakers:
         sustainable pathways for inclusive insurance. Ahila Devi  Melinda Grace "Aira" Labao, Vice President, CARD Pio-
         Subramanian from DHAN Foundation shared the commu-      neer Microinsurance Inc., Philippines

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