The United Nations, Germany, the UK and the insurance industry yesterday (22 September 2019) announced a series of coordinated commitments aimed at in
Launched in June 2016, the ICMIF 5-5-5 Mutual Microinsurance Strategy (the “5-5-5”) aims to i
Shaun Tarbuck, Chief Executive at the International Cooperative and Mutual Insurance Federation (ICMIF), was interviewed last week by AM Best TV at the Inter
What is the 5-5-5?
ICMIF’s 5-5-5 Mutual Microinsurance Strategy is a five year project based in five emerging market countries and aims to provide five million persons insured with insurance cover for the first time to take them out of poverty. The ultimate objective is to build resilience in poor communities.
The 5 Countries
The countries identified to take part in the 5-5-5 Strategy are India, The Philippines, Kenya, Sri Lanka and Colombia. The country selection criteria being:
- Frontrunner in microinsurance
- High incidence of poverty
- Geographic reach
- ICMIF member presence