microinsurance

April 18, 2017

Making microinsurance work in Bangladesh: Three takeaways

The market for microinsurance in Bangladesh has been growing rapidly over the last 10 years, with over 25 million subscribers. Yet it is still met with skepticism among many poor microfinance clients.
January 7, 2016

Credit shield insurance – Piloting microinsurance products in Bangladesh

“I can’t thank BRAC enough for standing beside me when I needed help the most,” Rahela, 24, a microfinance borrower and recipient of BRAC’s credit shield insurance, tells us. She borrowed USD 385 in January 2015 to invest in a small clothing business. Recalling her experience, she reveals, “My husband was not interested initially in having a joint insurance policy, but when the customer service assistant explained it in detail, we decided that we should pay the small premium.”
April 28, 2014

Challenge accepted!

In March, the social innovation lab launched the BRAC Innovation Fund for Mobile Money. The challenge fund was an opportunity for us to think ‘digitally,’ and explore the potential of mobile money to innovate and improve BRAC’s work.
April 2, 2013

Frugal Innovation Forum Day 2: Ambition without borders

A week before the Frugal Innovation Forum, I came across the Ted Talk by Dan Palotta that criticized development for rewarding frugality (i.e. low rates of overhead) instead of ambition and big ideas. This is one reason why, in his opinion, progress has been slow to find solutions to address social issues.