The impact and market potential of microinsurance
In this IIL reinsurance lecture Joan Lamm-Tennant talked about an innovative business model, involving the collaboration of nine multinational insurance entities in developing a microinsurance market. Participants gained insights into the impact insurance can have on development and the potential premium volume of microinsurance.
Joan noted that while there have been microinsurance efforts to date, several barriers constrain the development of a microinsurance market. She outlined the Blue Marble collaborative approach which works with partners to extend socially impactful, commercially viable insurance protection to the underserved, advancing food security, financial inclusion and micro-entrepreneurship. The aim, she said, is to develop a microinsurance market that economically empowers the financially underserved.
By the end of this lecture members would have gained an insight into:
- The importance of changing how we do business through developing new business models and behaviours
- The role of insurance in economic development, particularly in emerging markets
- The market potential of microinsurance
Joan Lamm-Tennant is the CEO & Founder of Blue Marble Micror Limited, a startup that designs and implements microinsurance ventures for the underserved in emerging markets. Previously, Joan was the Global Chief Economist and Risk Strategist of Guy Carpenter LLC, and President of of GenRe Capital Consultants.
Julian Spence Executive Vice President, International Operations, TransRe.
Registration & Security
IIL lectures are open to CII and PFS members
CII and PFS members must register online by 10.30am on the day of the lecture
For lectures held in The Old Library, Lloyd's pass holders may also attend and do not need to register
All attendees (at any venue) must produce photo ID - either a Lloyd's pass, driving licence with photo or valid passport
- Email confirmations and photo ID must be produced to security staff at the lecture venue
- Attendance confirmations are non-transferable to any other person or lecture
- All venues have limited capacity and registration and/or a Lloyd's pass does not guarantee admission
Please let us know what we can do to make our events fully accessible to you.
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
3/4 hours' CPD can be claimed for this event if relevant to your learning and development needs.
It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.