Skip to main content
Categories
Boletines
Back to Boletines
Boletines | 2014

Access to Insurance Initiative Newsletter: Issue 1 - 2015 | Happy New Year!

The Secretariat of the Access to Insurance Initiative wishes you a very happy new year!

This newsletter looks back at 2014, shares learnings from the recent A2ii/CGAP/IAIS Specialist Symposium and provides a sneak preview of our workplan for 2015.

- Access to Insurance Initiative Secretariat Team
Visit us at www.a2ii.org

Highlights of 2014

It has been a busy year for supervisors, the Initiative and its partners. The Secretariat closed 2014 with a great sense of accomplishment; amongst others:

Capturing lessons for the future

On 2-3 December, the A2ii, CGAP and the IAIS hosted a Specialist Symposium in Washington D.C. titled “Proportional Regulatory Approaches in Inclusive Insurance Markets - Capturing what we Learnt for the Future“. The objective was to carve out future strategies for proportionate, truly enabling regulatory approaches in inclusion. From the discussions, some clear themes emerged.

It is clear that the way in which the market has developed over the past decade, particularly with regards to mass distribution and innovative business models, requires a paradigm shift in the thinking and approach of supervisors. In a number of areas, traditional regulatory constructs and assumptions no longer apply or do not apply in the same way.

For example, the traditional assumption is that the licensed insurer is the strongest party in the insurance value chain. In the mass distribution environment that is often not the case and the aggregator or intermediary such as a retailer or mobile network operator (MNO) has much more market power than the insurer and can extract higher rents for access to the channel. For innovative business models such as index insurance and m-insurance, the scale and complexity of risk is increasing. This is forcing us to rethink what tools supervisors need in order to understand and deal with these risks: a new vision of the expanded role of the supervisor.

A number of further pertinent topics were raised, including how to shift the focus from quantity to quality, the role of the insurance supervisor in state-led insurance schemes, the nuances regarding the approach to formalization, and coordination between supervisors and other regulatory authorities at country level, as well as at global standard-setting body level.

Participants agreed that the IAIS and A2ii should take a leadership role in articulating the changed environment, the opportunities and challenges it presents, the additional guidance required, as well as formulating appropriate responses.

Certainly valuable food for thought as we develop our joint workplan with the IAIS for 2015 and beyond!

We hope that all readers had a restive and festive end-of-year season and we are looking forward to our joint engagements in 2015!

The secretariat team thanks all those who contributed to our work in 2014 and shared their learnings and views through our various activities and events.

A special thanks goes to our Chairman Jonathan Dixon: Deputy executive officer, Insurance at Financial Services Board South Africa; Chair of the IAIS Implementation Committee; and IAIS regional coordinator for the Sub-Saharan Africa Region, who has guided and supported the A2ii with such commitment and dedication once again in 2014.

Another big thanks goes to our funders the German and Dutch Governments: The Federal Ministry for Economic Cooperation and Development (BMZ) and the Directorate-General for International Cooperation (DGIS) of the Ministry of Foreign Affairs of the Netherlands whose contributions are critical to our success.

Thank you to our Governing Council and Executive Committee members (Jonathan Dixon (Chair), FSB, South Africa; Peter Braumüller, FMA, Austria; Peter van den Broeke, IAIS Secretariat; Brigitte Klein, GIZ on behalf of BMZ, Craig Churchill, ILO; Susanne Dorasil, BMZ; Tim Lyman, World Bank/ CGAP; Prega Ramsamy, FinmarkTrust)  for your strategic guidance and oversight

And finally, thank you supervisors for showing us the way and for putting in the time to assist your colleagues in the unchartered territory of financial inclusion. We learned a lot from your questions and presentations.

 

Also in Boletines

03.03.2021

A2ii Newsletter 03/21

más
08.02.2021

A2ii Newsletter 02/21

más
06.01.2021

A2ii Newsletter 01/21

más
07.12.2020

A2ii Newsletter 12/20

más
09.11.2020

A2ii Newsletter 11/20

más
13.10.2020

A2ii Newsletter 10/20

más
10.09.2020

A2ii Newsletter 09/20

más
04.08.2020

A2ii Newsletter 08/20

más
07.07.2020

A2ii Newsletter 07/20

más
08.06.2020

A2ii Newsletter 06/20

más
07.05.2020

A2ii Newsletter 05/20

más
08.04.2020

A2ii Newsletter 04/20

más
16.03.2020

Newsletter 03/20

más
11.02.2020

A2ii Newsletter 02/20

más
06.01.2020

A2ii Newsletter 01/20

más
12.12.2019

A2ii Newsletter 12/19

más
14.10.2019

A2ii Newsletter 10/19

más
10.09.2019

A2ii Newsletter 09/19

más
01.08.2019

Access to Insurance Initiative Newsletter 08/2019

más
01.07.2019

Access to Insurance Initiative Newsletter 07/2019

más
01.06.2019

Access to Insurance Initiative Newsletter 06/2019

más
01.05.2019

Access to Insurance Initiative Newsletter 05/2019

más
01.04.2019

Access to Insurance Initiative Newsletter 04/2019

más
01.03.2019

Access to Insurance Initiative Newsletter 03/2019

más
01.02.2019

Access to Insurance Initiative Newsletter 02/2019

más
10.01.2019

Access to Insurance Initiative Newsletter 01/2019

más
01.12.2018

Access to Insurance Initiative Newsletter 12/2018

más
01.11.2018

Access to Insurance Initiative Newsletter 11/2018

más
01.10.2018

Access to Insurance Initiative Newsletter 10/2018

más
01.09.2018

Access to Insurance Initiative Newsletter 09/2018

más
01.08.2018

Access to Insurance Initiative Newsletter 08/2018

más
01.07.2018

Access to Insurance Initiative Newsletter 07/2018

más
01.07.2018

Editorial Correction to Access to Insurance Initiative Newsletter 07/2018

más
01.06.2018

Access to Insurance Initiative Newsletter 06/2018

más
01.05.2018

Access to Insurance Initiative Newsletter 05/2018

más
01.04.2018

Access to Insurance Initiative Newsletter 04/2018

más
01.03.2018

Access to Insurance Initiative Newsletter 03/2018

más
01.02.2018

Access to Insurance Initiative Newsletter 02/2018

más
01.01.2018

Access to Insurance Initiative Newsletter 01/2018

más
20.12.2017

Access to Insurance Initiative Holidays' Edition Newsletter 12/2017

más
01.11.2017

Access to Insurance Initiative Newsletter 11/2017

más
01.11.2017

Access to Insurance Initiative Newsletter 10/2017

más
01.10.2017

Access to Insurance Initiative Newsletter 10/2017

más
01.09.2017

Access to Insurance Initiative Newsletter 9/2017

más
01.08.2017

Access to Insurance Initiative Newsletter 8/2017

más
01.07.2017

Access to Insurance Initiative Newsletter 7/2017

más
01.06.2017

Access to Insurance Initiative Newsletter 6/2017

más
01.05.2017

Access to Insurance Initiative Newsletter 5/2017

más
01.04.2017

Access to Insurance Initiative Newsletter 4/2017

más
01.03.2017

Access to Insurance Initiative Newsletter 3/2017

más
01.02.2017

A2ii Newsletter 2/2017 Special Edition: First Mobile Insurance Conference Outcomes

más
01.01.2017

Access to Insurance Initiative Newsletter 1/2017

más
01.12.2016

Access to Insurance Initiative Newsletter 12/2016

más
01.11.2016

Access to Insurance Initiative Newsletter 11/2016

más
01.10.2016

Access to Insurance Initiative Newsletter 10/2016

más
01.09.2016

Access to Insurance Initiative Newsletter 9/2016

más
01.08.2016

Access to Insurance Initiative Newsletter 8/2016

más
01.07.2016

Access to Insurance Initiative Newsletter 7/2016

más
01.06.2016

Access to Insurance Initiative Newsletter 6/2016

más
01.05.2016

Access to Insurance Initiative Newsletter 5/2016

más
01.04.2016

Access to Insurance Initiative Newsletter 4/2016

más
01.03.2016

Access to Insurance Initiative Newsletter 3/2016

más
01.02.2016

Access to Insurance Initiative Newsletter 2/2016

más
10.01.2016

Access to Insurance Initiative Newsletter 1/2016

más
10.12.2015

Access to Insurance Initiative Newsletter 12/2015

más
01.12.2015

Access to Insurance Initiative Newsletter November 2015

más
01.11.2015

Access to Insurance Initiative Newsletter 10/2015

más
01.10.2015

Access to Insurance Initiative Newsletter 09/2015

más
01.09.2015

Access to Insurance Initiative Newsletter 08/2015

más
31.07.2015

Access to Insurance Initiative Newsletter 07/2015

más
22.07.2014

Access to Insurance Initiative Newsletter: Issue 7 - 2014

más
15.05.2014

Access to Insurance Initiative Newsletter: Issue 5 - 2014

más
02.01.2014

Access to Insurance Initiative Newsletter: 12/2013

más
01.12.2013

Access to Insurance Initiative Newsletter: 11/2013

más
30.10.2013

Access to Insurance Initiative Newsletter: 10/2013

más
30.09.2013

Access to Insurance Initiative Newsletter: 09/2013

más
31.08.2013

Access to Insurance Initiative Newsletter: 08/2013

más
31.07.2013

Access to Insurance Initiative Newsletter: 07/2013

más