Helping Communities Manage risks from the ground up.

Microinsurance schemes provide insurance to entire households and communities en bloc rather than just individuals. This spreads risk more evenly ensuring a more sustainable microinsurance unit. Claims processing and distribution are faster than in commercial insurance schemes due to local verification and community management of claims. Additionally, empowerment of local members to carry out the operation will reduce administration costs. Typical administration loading uses 35% - 47.5% of the premium to pay for non-risk elements such as agency commissions, operational costs, and profit. We aim to reduce the administration loading by at least 10 %.