Microfact aims to strengthen the performance of Microfinance and Microinsurance Institutions through the use of tools (Microfinance Tools and Microinsurance Tools) and workshops (Microfinance Workshops and Microinsurance Workshops).
As a means to provide even better support to local trainers in Microfinance and Microinsurance Key Performance Indicators, Microfact proposes the new Microfact Acceleration Grant.
Through this initiative, Microfact wants to encourage trainers to actively look for the opportunities to organize workshops within their Microfinance and Microinsurance networks and beyond.
5 selected trainers, who successfully organize and conduct a Microfact workshop before the 31st of December 2017 (not financed by ADA nor BRS), in line with the commitments gathered in the Trainers Habilitation Letter will receive a Microfact grant.
November 9, 2016, 2-3pm CEST
The microinsurance landscape studies give us for the first time a representative in depth view of the state of the microinsurance sector. Insight from these studies enable microinsurance practitioners to position themselves against their peers and to use this information to improve their own performance. However, it is not enough for insurers working in the low-income space to compare against a product average, if the average is not yet where it should be.
In this Expert Forum we launch our new Champions in Microinsurance Initiative where we speak with organisations who have been able to excel in one or more performance areas, and uncover what strategies and processes are driving their success. We also find out what challenges and trade-offs they had to consider and what aspirational goals they are setting for themselves going forward.
•Geric Laude, President and CEO at CARD Pioneer Microinsurance Inc., Philippines on growth and promptness of claims settlement
•Agnes Chakonta, Managing Director, Madison Life insurance, Zambia on claims ratios
•Bert Opdebeeck, Microinsurance Programme Coordinator at BRS, and co-founder of MicroFact, an initiative that aims to promote standardise performance monitoring in microinsurance and microfinance.
KPIs / Microvision - Microfinance:
KPIs - Microinsurance: