© MiCRO 2011  -  All Rights Reserved VISION  MISSION   Welcome To MiCRO Brief Overview The vision of MiCRO is a world in which the uninsured have access to the affordable and appropriate risk management tools that are essential to escaping poverty. The mission of the Microinsurance Catastrophe Risk Organisation is to empower those living in poverty to manage their risks in a sustainable and fair manner by bridging the divide between global markets and the most vulnerable. MiCRO is a social enterprise committed to operating in a financially sound manner. Micro insurance Catastrophe Risk Organisation SCC c/o Marsh Management Services (Barbados) Ltd 2^nd Floor, Bldg 1, Chelston Park Collymore Rock, St Michael, BB11000 Barbados What is MiCRO?  MiCRO is a licensed (re)insurance company that can do business in nearly any country in the world.  It issues (re)insurance protections for catastrophic (cat) events tailored to your specific needs. What makes MiCRO different?  Other cat microinsurance solutions use parametric or indemnity policy formulations, both of which have benefits and disadvantages.  MiCRO combines the two in a unique way by developing an industry-first basis risk transfer solution. Who can buy a policy from MiCRO?  Customised programmes can be created for almost any kind of entity.  MiCRO was established to support the provision of microinsurance solutions to the most vulnerable populations living in poverty. Features of MiCRO • Customisable:  Policy can be designed to suit your organisation • Replicable:  Initial introduction in Haiti;  MiCRO can develop catastrophic risk transfer solutions nearly anywhere in the world • Sustainable:  Designed and supported by private commercial enterprises with targeted public-sector support • Efficient:  Parametric policy streamlines programme administration and payout process reducing reliance on aid for disaster recovery • Interest Alignment:  Cell structure enables segregation of regional/company liabilities (for a more detailed presentation, click here)