On May 31st, MiCRO presented its experiences with parametric insurance at a conference in Quito for the Ecuadorian insurance market. CEOs and Regional Directors of high tech firms, insurance and reinsurance companies also made presentations, but ours was the only one focused on the utilization of cutting-edge technology to expand the boundaries of traditional insurance and making insurance against natural catastrophes accessible and affordable to vulnerable and low income segments of the population.
MiCRO gave a presentation on parametric insurance at the “IV Congreso de Derecho de Seguros” on May 31st in Cali, Colombia. M
From May 15 to 18th, MiCRO participated at the ALASA International Conference in Lima, Perú. ALASA brings together all major insurance and reinsurance players working on the development of the agricultural sector in Latin America. MiCRO was the coordinator of a workshop on microinsurance.
MiCRO presented at the 2018 Understanding Risk Forum, which took place in Mexico City from May 14-18. The presentation was part of a panel organised by NASA regarding the use of space observation data for insurance and DRR.
MiCRO, together with FASECOLDA, the Microinsurance Network, the Munich Re Foundation, IADB/FOMIN and the Banca de las Oportunidades organised the event “10 years of Inclusive Insurance“. The seminar took place on April 16-19 in Bogota, Colombia.
The attendance of around 150 participants including a number of governmental representatives have shown the clear commitment of all stakeholders on this key topic that supports the achievement of several public policies in Colombia. A diverse group of panelists presented topics relating to the development of inclusive insurance around the world, providing a knowledge platform to promote innovation and the development of responsible inclusive insurance markets.
On the third day of the seminar, a dedicated workshop about the importance of Disaster Risk Reduction Tools and the need of its complementarity took place. In that workshop Ana María Torres, Disaster Risk Financing Specialist of World Bank; Victor Celaya, General Director to confront climate change in the Agriculture sector of SAGARPA, Mexico; Carlos Boelsterli, CEO of MiCRO; Sofia Martinez, Senior Research Specialist of the International Research Institute for Climate and Society of the Columbia University (IRI); Pablo Valdivia, Senior Consultant of the World Bank; and Juan Caballero, Director of Programs and Partnerships of Build Change, shared their experiences, showing the importance to ensure complementarity amongst the wide range of Disaster Risk Financing Tools available and amongst these tools and other efforts to reduce disaster risk. In the afternoon, the attendants had the opportunity to work together and solve real and practical cases showing the importance to adopt holistic approaches to solve one of the biggest challenges nowadays, the impact of natural disasters that are more frequent because of climate change.
The event’s presentations are available here.Back to all posts