Product for low-income urban dwellers in flood-prone areas of São Paulo, offering quick post-disaster payouts.

In 2019, MiCRO and SBS Seguros, in partnership with Bancamía, launched "My Protected Investment", a microinsurance product for SMEs that combines index-based and traditional coverage. Three years after Colombia's first parametric insurance launch, the initiative had already reached almost 120,000 low-income beneficiaries, providing protection against hazards such as excess rain, drought, and earthquakes, while expanding access to underserved urban and rural clients.

A snapshot of global microinsurance market trends, products, client types and regional performance, based on landscape studies.