The Role of Insurance and Data in closing the Climate Risk Protection Gap

Tuesday, May 17, 2022

17 May 2022 from 9:00-11:00 CEST (17:00-19:00 PHT)

With climate change, natural disasters are becoming more frequent and severe. This affects developing and emerging economies in particular, because of a higher vulnerability that can be attributed amongst others to a strong reliance on climate-reliant activities such as farming. At the same time, there is a lack of accessible and affordable insurance services which would contribute to closing the climate protection gap, leaving large segments of society under-protected.

Against this background, there is a need to assess the effectiveness of current insurance solutions against climate change related perils and the potential role of technology and data in closing the climate risk protection gap.

This event brings together regional and international experts and practitioners to share their experiences and best practices that may help providing answers to the following questions:

  • Why is today’s insurance not good enough to close the climate protection gap?
  • What is the role of technology and data in pushing the limits for climate-related insurance services?
  • How do we move forward?

This event will be hosted by the Access to Insurance Initiative (A2ii), the Microinsurance Network (MiN), and the GIZ-Regulatory Framework Promotion of Pro-poor Insurance Markets in Asia (RFPI) in partnership with the Mutual Exchange Forum on Inclusive Insurance (MEFIN).

  • Language English