Report – International Microinsurance Conference Learning Sessions Tanzania 2014

In 2012, microinsurance covered 7.31 % of Tanzania’s population. Only three countries in Africa registered a higher percentage. Tanzania ranks fourth, but it probably has the highest poten¬tial for growth. Led by the Tanzania Insurance Regulatory Authority (TIRA), the spread of microinsurance among low-income segments is a major priority of the Financial Sector Deepening Trust (FSDT) and the Association of Tanzania Insurers (ATI). The three are among a number of key stakeholders represented on a steering committee overseeing imple¬mentation of a three-year strategy by the Microinsurance Technical Working Group. And TIRA has just put in place a set of new microinsurance regulations which include compre¬hensive qualifications for distributing agents and rapid claim settlement guidelines for providers.
The drive for microinsurance picked up speed after the 2012 International Microinsurance Conference was held in Dar es Salaam. In its wake the Microinsurance Learning Sessions now brought some 120 practitioners and stakeholders together in Dar es Salaam for an update on country initiatives and a detailed look at inter-national practices that are producing results. The Learning Session1 Tanzania was jointly hosted by TIRA, FSDT, ILO’s Microinsurance Innovation Facility and the Munich Re Foundation.
 

Date of publication: 2014
Language: English
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