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Reports, Market Development, Financial Literacy, Africa | 2015

Encouraging the industry in Africa to provide sustainable insurance services to the unserved - 4th Consultative Forum

The growth of inclusive insurance markets and enhanced access to suitable inclusive insurance products and services for low-income populations depends on the ability of the insurance industry to offer services sustainably and profitably. For this to happen, the industry expects regulators to enable it to distribute innovatively to reach millions cost-effectively, support the development of innovative products that serve the needs of the uninsured and regulate proportionately to lower the cost of regulation for serving this segment.