📋 Tender Overview
PROJECT DETAILS
Project number:
2018.2028.1
Status:
running project
Responsible organizational unit:
G120 Sustainable Economic Development, Digitization
Contact Person:
Hannah Grant hannah.grant@giz.de
Partner countries:
Global Projects, Convention/Sector/Pilot Proposal, Albania, Argentina, Brazil, Costa Rica, Egypt, Ghana, India, Kenya, Morocco, Mongolia, Paraguay, Rwanda, South Africa, Zambia
SUMMARY
Goals:
The financial system approach to inclusive insurance solutions is anchored internationally in German development cooperation. Insurance supervisors are empowered to create framework conditions that give poor and vulnerable sections of the population better access to high-quality insurance.
Client:
Federal Ministry for Economic Cooperation and Development
Project partners:
Federal Ministry for Economic Cooperation and Development (BMZ)
Financier:
not available
PROJECT VALUE
Overall project:
37 332 684 euros
Current project:
21 409 949 euros
COMBINED FINANCING
Ministry of Foreign Affairs (MFA/DGIS) Netherlands (from 01/01/2012): 8,000,000 euros
International Association of Insurance Supervisors: 468,973 euros
Swiss Agency for Development and Cooperation (SDC): 250,000 euros
European Union (EU): 1 578 060 euros
PREDECESSOR PROJECTS
2014.2239.3
Global initiative for access to insurance
SUCCESSOR PROJECTS
not available
DURATION
Overall project:
12/21/2010 - 06/30/2025
Current project:
07/01/2018 - 06/30/2025
OTHER STAKEHOLDERS
not available
CONTACT
project website
not available
DEVELOPMENT POLICY IDENTIFIERS
Participatory Development and Good Governance:
Project result level: Project component aims at PD/GG
Protection of the environment and resources, ecological sustainability
Project not aimed at environmental/resource protection or not (yet) to be marked
Gender Equality
Project has a proven positive impact on gender equality
poverty orientation
not available
CRS KEY
Financial Sector Policy and Administration
EVALUATION
not available
PROJECT DESCRIPTION (DE)
Initial situation:
In many countries, a large part of the population has little or no insurance. However, insurance is important in order to secure development successes and to cushion the financial consequences of illness, death, accidents, crop failure or the destruction of property as a result of natural disasters. As part of the 2030 Agenda, insurance is recognized as an important instrument for achieving numerous development goals. However, many providers in developing and emerging countries lack the strategies and expertise to adapt their business models to underserved customers or regions. Experiences that promote inclusive insurance solutions have not been adequately processed. They are also insufficiently integrated into the various development policy issues. The players in the insurance industry in developing and emerging countries, in German development cooperation (DC) and in the
