all that we can?
DESCRIPTION
Update of activities from ICMIF Development Committee ChairTRANSCRIPT
Update of activities from ICMIF Development Committee Chair
Nelson C Kuria, CEO & MD, CIC Insurance Group,Kenya
ICMIF Biennial ConferenceFriday 28th October 2011
The ICMIF Development Function
How do we achieve the Objectives
ICMIF Development Network Seminar 2007- 2010
CANADA 2007
2008- THE NETHERLANDS
2010- INDIA
Member to member cooperation
A few examples illustrating the solidarity amongst ICMIF network members:
• SOCODEVI (Canada) Insurance Program and Support to Tajy (Paraguay) (2011)
• Seguros Futuro (El Salavador) visits Coopseguros del Ecuador (2011)
• IFFCO-TOKIO (India) provides assistance to SICL (2011)
• BRS (Belgium) and MUSSCO (Malawi) collaborate on a microinsurance project (2011)
• Tajy (Paraguay) and La Segunda (Argentina) introduce agricultural insurance (2010)
• SOCODEVI (Canada), SSQ (Canada) and MACIF (France) established health mutual in Mali (2009)
• DID (Canada) and SANASA (Sri Lanka) develop crop insurance (2008)
Guatemala
El Salvador
Costa Rica
Panamá
Colombia
Ecuador
México
RepúblicaDominicana
Honduras
Nicaragua
Venezuela
Perú
Paraguay
0
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
2004 2005 2006 2007 2008 2009 2010
800,
175
1,27
5,72
6
1,43
9,04
8
1,60
7,47
9
1,74
8,87
6 2,20
5,12
8
2,60
6,87
1
Años
RAMOS DE VIDANúmero de Asegurados 2004 - 2010
Crecimiento Anual 59% 13% 12% 9% 26% 18%
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
2004 2005 2006 2007 2008 2009 2010
31,3
70
39,4
23
46,5
11
76,7
99
120,
995
133,
860
143,
782
Años
RAMOS DE DAÑOSNúmero de Asegurados 2004 - 2010
Crecimiento Anual 26% 18% 65% 58% 11% 7%
COLOMBIA 2011
Microinsurance Survey
Survey sent to ICMIF membersproviding microinsurance productsso as to:
• Increase our knowledge about ICMIF microinsurance providers
• Identify areas where we could provide assistance
Output of the survey:
• 45 companies answered • writing of a publication on
members’ companies
IAIS
ISS
UE
S P
AP
ER
ICMIF/Americas Development
Work
Development of a Unique Microinsurance Product
for Microentrepreneurs in Colombia
MICROVIDAgroup life microinsurance product designed for low income cooperative microentrepreneurs and clients of microfinance institutions
Dominican Republic Mitigating the
Socio-economic Impact of HIV/AIDS
Prevention education delivered by over 40 Coop-Seguros’ cooperative owners reaching over 135,000 cooperative members to date.
La Central Cooperativa Financiera de Cooperativas de Ahorro y Crédito
• Increase number of insureds from over 21,000 to 30,000
• Developed capacities of insurance department to become self-sustainable.
• Designed member benefits that meet member needs and are affordable (i.e., funeral benefit)
Nicaragua: Increasing access to affordable insurance
Takmin Working Group
National Cooperative Insurance Society (NCIS)
South African Federation of Burial Society (SAFOBS)
MICROINSURANCE MEMBERSHIP CREATED
NATCCO MBA
ALLNATIONS Inc
The Development Committee has recently approved a a three year strategy paper with the GOAL
To support access to mutual based risk protection for the mass market.
BUT WE NEED YOU to support ICMIF achieve this
Lets look at an example how this maybe done!