Capacity building in inclusive insurance

As part of their mandate to develop more efficient and impactful insurance markets, the ILO’s Impact Insurance Facility and the Insurance and Risk Finance Facility of the United Nations Development Programme (UNDP) seek to improve the quality and quantity of insurance through a structured approach that promotes a sustainable model for building insurance capacity in selected countries. Through this capacity building project, the two organizations hope to enable hundreds of insurance practitioners to benefit from best practices and cross-country experiences, indirectly enabling underserved consumers, such as low-income households, small and medium enterprises, rural dwellers and women clients, to benefit from valuable insurance solutions and consequently contributing to social and economic development.

Project symbol

GLO/21/31/UND

Admin unit

SOCIAL FINANCE

Start date

01/12/2021

End date

15/11/2023

Total allocation

487643

Total expenditure

Status

Closed

335878

Development Partners

United Nations Development Programme

Country/Countries

Global

Outcomes

Outcome 4: Sustainable enterprises for inclusive growth and decent work