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The Landscape of Microinsurance 2024

The Landscape of Microinsurance 2024

The Landscape of Microinsurance 2024 analyzes the growth and evolution of microinsurance, highlighting its critical role in supporting vulnerable populations facing climate shocks, crises, and financial insecurity. It covers 344 million people across 37 countries, examines regulatory frameworks, distribution channels, and subsidies, and emphasizes the need to close the protection gap while fostering long-term market development.

Making Access to Insurance Happen for People with Disabilities and Small Businesses and Micro-entrepreneurs

WFP piloted an inclusive weather-index insurance scheme for ~4,800 people in El Salvador, targeting women entrepreneurs and people with disabilities. The product enabled fast payouts during climate shocks and removed traditional credit-based enrollment barriers.