A healthy insurance industry plays a pivotal role in supporting and sustaining inclusive economic growth. Insurance minimises the risks associated with economic activity and household vulnerability, and enables the effective allocation of risk in the broader economy.
The Insurance Market Development programme is one part of a 5-year joint initiative between FSD Africa and specialist think-tank Cenfri, called Risk, Remittances and Integrity (RRI). This research-focused programme aims to catalyse insurance market development by building a strong evidence base to inform and influence more effective policy frameworks.
Key research themes include insurance for growth, support to regulators to adapt to changing environments, insurtech, and the catalysing of product innovation.