2 million insured
10 million lives protected


19 November 2019

For Kenyan smallholder dairy farmers, the loss of a single cow can devastate the household economy. 

Insurance for low-income markets, or microinsurance, provides a means for smallholder farmers to protect themselves from this financial loss.

Peter Kiruthi, a livestock farmer from Kiambu County (Kenya) explains the importance of his insurance policy with local cooperative insurer CIC Insurance Group (CIC) after he was recently compensated for the death of his cow: "It is insurance that makes me continue as a farmer".

Through the ICMIF 5-5-5 Mutual Microinsurance Strategy, CIC are aiming to reach 250,000 previously uninsured smallholder farmers with dairy livestock microinsurance over five years. The project, launched in 2018, is supported by project partners P&V Group (Belgium), Thrivent (USA) and We Effect (Sweden).

This video, produced by We Effect, shows how CIC are already making a difference to low-income farmers in Kenya.

With thanks to We Effect.


13 November 2019

A large majority of Indian workers are employed in the unorganised sector, and with little income security this makes them very vulnerable to the everyday risks they face.

The DHAN Foundation, a pioneering Indian development institution, works by organising poor community groups into self-help groups (Kalanjiams) to build social capital. The DHAN Foundation's Kalanjiam Community Banking Programme has been running since 1990 and now reaches over 1.7 million poor households across 14 states in India.

The DHAN Foundation formed People Mutuals in 2003 to enable low-income households to access microinsurance through their self-help group or Kalanjiam, thus providing a vital safety net for these communities to prevent them from falling into poverty when faced with unexpected risks.

In this 8-minute video produced by the DHAN Foundation, Mr M P Vasimalai, Executive Director, proudly declares that of the 1.7 million low-income households reached by the DHAN Foundation, 500,000 have declared themselves as no longer being in poverty.

Through the ICMIF 5-5-5 Mutual Microinsurance Strategy, the DHAN Foundation is aiming to reach an additional 1 million previously uninsured low-income lives with health or life microinsurance in five years. Since the project launched in March 2017, the Foundation has already reached over 300,000 low-income lives.

This project is being supported by 19 ICMIF members either through Financial or Technical Assistance.
01 November 2019

ICMIF 5-5-5 partner in Sri Lanka, Sanasa Insurance Company Ltd (SICL) is a service support organisation, established to protect members of Sanasa societies and other community-based organisations in the country.

SICL operates in all areas in Sri Lanka, including the Northern and Eastern provinces that are now cleared from war situations. In combination with the cooperative network of a large number of Sanasa societies located across Sri Lanka, SICL has great potential and capacity to look after the risk management aspects of the rural masses of Sri Lanka. Hence, SICL mainly focuses on providing microinsurance services to members of Sanasa societies, the majority of which are located mainly in rural areas.

12 August 2019

Mrs Nagammal is a member of the Sellur Vattara Kallanjiam (a women’s self-help group based in Madurai, Southern India).

Her son recently fell ill and was treated in hospital. Fortunately, Mrs Nagammal had purchased health microinsurance for her family with the DHAN Foundation through her membership of the self-help group. The self-help group facilitated the transaction, meaning the Mrs Nagammal and her family were able to avoid paying costly up-front medical costs for her son’s treatment, which they would have been unable to afford.

“Being a member of the Kallanjiam (self-help group) has been very useful for us” Mrs Nagammal explains. 

12 August 2019

Mrs Rakku resides in Madurai (Southern India). She is the Vice-President of Sellur Vattara Kallanjam, a women’s self-help group formed through the DHAN Foundation (India). 

Through her membership of this self-help group, Mrs Rakku has enrolled both herself and her family in the DHAN Foundation’s health and life microinsurance schemes.  

Mrs Rakku’s husband recently had a cataract in his eye, which was operated on. Her daughter also recently fell ill with typhoid. Fortunately, she was able to make a claim for both her husband and daughter’s medical treatment through her microinsurance policy. 

Mrs Rakku explains that the DHAN Foundation staff who work at her self-help group (the Kallanjam) were really helpful with helping her process the required documentation and bills.

12 August 2019

Mrs Aatheeswari resides in the Southern Indian city of Madurai. Around a third of the city’s population reside in slums.

Mrs Aatheeswari’s 73-year-old husband recently fell down a flight of stairs. He was very badly hurt and left speechless as a result of his injuries. Mrs Aatheeswari’s son paid the healthcare costs of INR 50,000 (USD 700) for her husband’s treatment, yet sadly he later died.

Because Mrs Aatheeswari’s husband was insured with a life microinsurance policy through the DHAN Foundation, she received a claim payment of INR 20,000 (USD 280) after her husband’s death which she shared with her son.

Mrs Aatheeswari belongs to Sellur Vattara Kallanjam, a local women’s self-help group in Madurai formed through the DHAN Foundation. She purchased insurance and made this claim through her Kallanjam membership.

11 July 2019

K24, a Kenyan TV station, reported the launch of CIC Insurance Group's (CIC) livestock microinsurance product in Kiambu County, Kenya on 11 July 2019.

Featured in the news story is Tom Gitogo, Group CEO of CIC, and Preis Njenga, Chair of Kiambaa Diary Cooperative. Tom Gitogo discusses how CIC's livestock microinsurance product will protect farmers' livelihood by insuring their cattle, which is often their most valuable asset. In her interview, Preis Njenga is talking to farmers about the benefits of insurance from her own experience.

CIC plan to reach an additional 250,000 low-income dairy livestock farmers in Kenya with microinsurance through the ICMIF 5-5-5 Mutual Microinsurance Strategy. This project is being supported by partners P&V Group (Belgium), Thrivent (USA) and We Effect (Sweden).
11 July 2019

In this interview Tom Gitogo, Group CEO of CIC Insurance Group (CIC) in Kenya, discusses how CIC's livestock microinsurance product will protect the lives and livelihoods of many low-income farmers in Kenya, by providing them with compensation if their cow dies.

CIC's livestock microinsurance product includes access to veterinary services for farmers. CIC is partnering with dairy cooperatives and SACCO's to distribute the product.

Preis Njenga, Chair of Kiambuu Dairy Cooperative, also talks to farmers about the benefits of insurance from her own experience.

On 11 July 2019, CIC launched a caravan roadshow to raise awareness of the product to livestock farmers in Kiambu County, Kenya.

Through the ICMIF 5-5-5 Mutual Microinsurance Strategy, CIC aim to reach 250,000 previously uninsured livestock farmers in Kenya. This project is being supported by partners P&V Group (Belgium), Thrivent (USA) and We Effect (Sweden).
01 April 2019

In this video interview, taken at the DHAN Foundation’s offices in Madurai, Tamil Nadu (India), Mr M P Vasimali (Executive Director, the DHAN Foundation) discusses the DHAN Foundation’s project with ICMIF under the 5-5-5 Mutual Microinsurance Strategy. He also explains why the concept of mutuality is central to the work of the DHAN Foundation.

Mr Vasimali begins: “I’m really happy to share our positive experience of the collaboration between the DHAN Foundation and ICMIF.”

He continues “DHAN stands for “Development of Humane Action”. The Humaneness comes from addressing mutuality and solidarity.

“DHAN initiated our work with social capital. Where you bring unorganised people together thought mutuality, for their own livelihoods and also through savings.

“Why is DHAN involved in ICMIF’s collaborative programme (the 5-5-5)? I think this mutuality programme provides a unique niche for poor communities to address their vulnerabilities and risks. Either their livelihood risks, their life risks and also their crop risks.

“So mutuality impacts poor peoples’ lives by providing resilience to address these kinds of risks.

Mr Vasimali concludes: “Currently we are able to reach out to nearly 300,000 families with life, health and now we are going to work on livestock.”

Mr Vasimali has worked in development for over three decades and was instrumental to forming the DHAN Foundation in 1997.

20 March 2019

Brian Merkel, an employee of ICMIF member company Thrivent Financial (USA), visited Manchester (UK) in October 2018 to participate in a Technical Assistance assignment for the 5-5-5.

As an experienced Business Process Engineer, Brian’s task was to streamline and improve the existing processes of the 5-5-5 project.

Over the course of two weeks, Brian enjoyed the challenge of applying his existing skills to new markets and connecting with many different people both at the ICMIF head office and also with people working on the 5-5-5 projects out in the field. Brian’s work will also lead to greater efficiency going forwards in ICMIF’s mission to reach 5 million low-income households with microinsurance through the 5-5-5.