Over thirty participants got a real sense of the reality of running a microinsurance operation using the unique ICMIF microinsurance simulation to translate theory into practice during a two day workshop in Dar es Salaam, Tanzania, at the beginning of November. Those taking part in the workshop included insurance regulators, researchers and staff from donor organisations as well as microinsurance practitioners. In total twenty-organisations from 16 different countries were represented.
The simulation recreates many of the key strategic and operational decisions which need to be taken in the microinsurance environment. Staged initially in 2010 as part of ICMIF’s Biennial Conference in Manchester, this second microinsurance seminar was staged immediately before the annual International Microinsurance Conference, hosted by Munich Re Foundation and the Microinsurance Network and held in Dar es Salaam from November 6-8, 2012.
The International Microinsurance Conference, now in its eighth year, this year had a strong mutual and cooperative input into the agenda, in part in recognition that 2012 has been designated the UN International Year of Cooperatives Senior figures from ICMIF members CIC (Kenya), CARD MBA (Philippines) and Uplift Mutuals (India) were among those participating.
The events in Tanzania followed very shortly after a meeting of ICMIF’s Development Network in Nairobi, Kenya, where members were able to discuss in detail how ICMIF’s recently adopted strategies both for microinsurance development and for the Allnations loan fund will be carried forward and implemented.