Microinsurance Innovation Hub, offers a range of services tailored to the needs of microinsurance stakeholders. From capacity development and knowledge generation to resource generation and data-driven insights, we provide comprehensive support to companies looking to enter or expand in the microinsurance market. Learn more about how we can help your organization thrive in this dynamic sector.
Our 5 Key Deliverables
Capacity Development
Collaborate with industry experts to deliver insights, adding prestige and attracting more participants.
Knowledge Generation
Offer subscription-based access to exclusive content or data insights, creating a recurring revenue stream.
Resources Generation(Peer Exchange & dialogue)
Offer premium membership tiers with additional benefits such as access to exclusive resources.
Data Driven Insights, Products and Distribution Channels
Invest in advanced analytics tools and technologies to gather and analyze data in innovative ways to develop tailored products or solutions.
Sustainable Development Goals
We design and cater SDGs while collaborating with various organisations like InsurTechs, NGOs, government agencies, or international organizations working towards goals of SDGs.
Our 7 Principles
Impactful
Since our resources are limited, we shall choose those programs where the impact is faster & better.
Innovative
To conserve our resources and achieve maximum impact, we shall try hard to innovate a better Micro Insurance Product, Process and Delivery, using research and digital technology.
Collaborative
We know nothing can be achieved by few people. We therefore, shall seek the participation and actively collaborate with all like-minded people and organizations who share our purpose.
Global
Poverty is across the world. Even rich countries have deep pockets of poverty. Our coverage therefore shall be global, though we start from India initially.
Practical
We do not believe in mere academic research that can not be applied in practice. Our programs shall be practical and result-oriented with measurable metrics.
Future Ready
Climate change and AI are likely to cause more devastating impact on the poor. We shall try hard to develop Insurance solutions that make people secure not only in present but in future too.
Voluntary but committed
Except the paid staff, who shall be minimal, the work of every other associate shall be voluntary, on pro bono basis and fully committed.
Our 3 Way Approach
Define
Poverty is a massive problem and everyone is not commercially insurable. Further our meagre resources is a real limitation. So instead of spreading ourselves thin, we sharply focus on few critical projects that can make a difference to the lives of people around us.
Develop
Once we define a key issue, we convert that into a project and develop a program and road map to resolve it through research, innovation in new product and process development with the help of our associate members who share our cause.
Deploy
A program once developed will be deployed in the affected segment through our associate members and monitored for their beneficial impact.