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Making Climate Risk Microinsurance Work. Case Study: MiCRO & Aseguradora Rural (AR), Guatemala

Partnership between MiCRO and Aseguradora Rural to deliver parametric climate microinsurance to smallholder farmers and microentrepreneurs in Guatemala through bundled loans.

Nepal: Introducing index-based insurance for flood-prone communities

Practical Action developed a flood index insurance for Western Nepal smallholder farmers. Features bundled services, cooperative-based sales, and payouts for crop loss after severe floods.

Segurísimo, developing inclusive insurance in Colombia

SEGURÍSIMO is a low-cost, easy-to-claim modular insurance product designed to serve vulnerable and traditionally excluded populations in rural areas. It offers coverage for both the policyholder and the beneficiary, emphasizing accessibility and inclusivity. The product's modular design allows flexibility in tailoring benefits, and its streamlined claims process helps reduce barriers to access. This case reflects an impactful initiative in Colombia aimed at enhancing social protection for underserved groups.