1 / 9

Enhancing Financial Inclusion Through Microinsurance in the Philippines

The Philippine government, led by Dir. Joselito Almario, is focusing on enhancing financial inclusion for low-income sectors through the promotion of microinsurance. Supported by the Asian Development Bank (ADB) and German International Cooperation (GIZ), initiatives include fostering public-private partnerships, leveraging conducive policies, and innovating financial products. Building capacity among providers, increasing demand for microinsurance, and raising public awareness on risk protection are key strategies to ensure the underserved meet their future financial needs.

nibal
Télécharger la présentation

Enhancing Financial Inclusion Through Microinsurance in the Philippines

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. THE PHILIPPINE GOVERNMENT’S RESPONSE By. Dir. Joselito Almario FINANCIAL INCLUSION AND MICROINSURANCE

  2. MAJOR FINANCIAL PRODUCTS OF FINANCIAL INCLUSION

  3. POOR INSURANCE PENETRATION IN LOW INCOME SECTOR

  4. Work has begun with private sector and technical assistance support from the Asian Development Bank (ADB) and the German International Cooperation (GIZ) AFTER MICROCREDIT, NOW MICROINSURANCE

  5. INCREASING SUPPLY

  6. INCREASING DEMAND

  7. MOVING FORWARD PROMOTE PUBLIC-PRIVATE SECTOR PARTNERSHIPS BY CONSENSUS BUILDIG BUILD ON THE CONDUCIVE POLICY AND REGULATORY ENVIRONMENT SUPPORT PRODUCT INNOVATIONS THROUGH RELAXED REGULATIONS BUILD CAPACITIES OF PROVIDERS AND DELIVERY CHANNELS INCREASE PUBLIC AWARENESS ON INPORTANCE OF RISK PROTECTION

  8. IF MICROCREDIT PROVIDES THE UNSERVED AND UNDERSERVED THEIR PRESENT FINANCIAL NEEDS, MICROINSURANCE WILL PROVIDE FOR THEIR FUTURE UNFORESEEN AND UNEXPECTED FINANCIAL NEEDS

More Related