Women in developing countries are particularly vulnerable to climate, financial and health risks due to environmental, political and social factors. As a result, the insurance industry has long seen women as a high-risk consumer segment and overlooked this market that has a significant potential for economic and social development. Based on lessons learned and progress achieved with implementation partners over the past 10 years, the GIIF program acknowledges that by empowering women with insurance protection, both economic growth and long-term shared prosperity are attainable and sustainable

Women play key roles in their homes, communities, and businesses . If insurers develop targeted approaches and products for women, they have the potential to earn up to $1.7 trillion by 2030. They can also help increase women's understanding and willingness to buy insurance products to better protect their families or the companies women own or operate. The COVID-19 crisis poses new challenges for women and insurers. This guidance note highlights best practices from insurance companies on how they can support female employees, customers, and agents during the pandemic. The publication also

GIIF July Newsletter features team news, blogs, highlights, interviews and climate insurance publications. Please download below.

An unprecedented desert locust outbreak destroying millions of hectares of crops and pastures is worsening food security and livelihoods of millions in East Africa, Middle East and Asia. In Kenya, it represents the most devastating outbreak the country has experienced in 70 years. Two neighboring countries Somalia and Ethiopia are facing the worst desert locust crisis in 25 years. Yemen in the nearby Arabian Peninsula is also threatened as 18 million Yemenis are already in acute food insecurity and depend on international humanitarian aid. Damages in crops are also reported in India and

The pandemic indeed reveals long-standing challenges in the development sector to empower smallholder farmers with stable market outlets, access to finance, technology, knowledge and job opportunity. While the world is undergoing multiple transformations due to COVID-19, this can also be a transformative time to unleash creativity and renewed cooperation to build smallholder resilience through an ecosystem approach for the diverse needs of 500 million smallholder households that are the backbone of world’s agricultural system.

GIIF Newsletter (April 2020) showcases the GIIF team's new happenings, highlights, events and blogs. Please download below.

Dhwani Rural Information Systems (Dhwani RIS) is a development-oriented technology enterprise that provides intelligent, integrated and affordable solutions to help social organizations to monitor, track and streamline their work effectively. Dhwani RIS strengthens the internal capabilities of client organizations through IT services including Information Communications Technology (ICT) integration and sector-based Monitoring and Evaluation (M&E). GIIF organized an agriculture Insuretech innovation challenge/competition as a part of an Insuretech fair, which was hosted in Mumbai, India in July

Aquaconnect is an agriculture technology (AgTech) company serving the aquaculture sector. It has developed FarmMOJO – an Artificial Intelligence powered farm advisor tool which connects shrimp farmers with up-streams (inputs and healthcare) and down-streams (processors and certifying bodies) in the shrimp supply chain as well as providing essential data to financial institutions to enable services for credit and insurance. GIIF organized an agriculture Insuretech innovation challenge/competition as a part of an Insuretech fair, which was hosted in Mumbai, India in July 2019. Through this

GramCover is a digital insurance platform company that co-creates, with insurers, simple and easy to understand insurance products at affordable price points and uses its technology platform to deliver these products to the rural Indian population to mitigate their production risks. Currently the company is exploring and refining Blockchain application in insurance to better serve farmers. GIIF organized an agriculture Insuretech innovation challenge/competition as a part of an Insuretech fair, which was hosted in Mumbai, India in July 2019. Through this innovation fair, the GIIF aims at

HF-MLOG is a meteorological big data company jointly established by Huafeng group (HF) under China Meteorological Administration and MLOG group. HF-MLOG has established strategic partnerships with scientific research institutions such as the Chinese Academy of Agricultural Sciences and China Agricultural University to share key agricultural data and technologies to advance modeling in the agriculture sector with a focus on insurance. GIIF organized an agriculture Insuretech innovation challenge/competition as a part of an Insuretech fair, which was hosted in Mumbai, India in July 2019. Through