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From farmers to sovereign governments - emerging fintech is addressing the $162B protection gap. How??

Amanda West May 29, 2021

Despite its existence since the 17th century, insurance,  like many financial products and services, has thus far only benefited a few — even though it is a key mechanism by which humans prepare for risk. The latest Lloyd’s report found that the global underinsurance gap—the value of assets at risk not covered fully by insurance policies—is now US$162.5 billion. Of that total protection gap, emerging economies account for a shocking 96%. Insurance is, without a doubt, an industry much in need of disruption in favor of the underserved.

Evidence about what works for low-income populations is thin because traditional insurance players do not reach them given their distribution models and price points. Digital insurance, micro-insurance and embedded finance models are proliferating and aiming to serve millions. How does this work? How are governments involved? What’s the role of emerging technologies? What are the barriers to adoption? Join us to chat about the innovations behind the next generation of insurance and how they can create resilience in a rapidly changing world.



Meta Themes

  • Equity & Inclusion

  • Stakeholder Economics & Leadership


Fintech; Insurance

Purpose and Desired Outcome

Increased knowledge of product and distribution innovations making the insurance industry more inclusive for underserved populations and emerging economy governments at large.


  • Intermediaries (Financial Advisers, Investment Bankers)

  • Service Providers

  • Government

  • Academia


  • NameJatin Singh
  • TitleCEO
  • OrganizationGramcover
  • StatusConfirmed
  • NameBessie Schwartz
  • TitleCEO
  • OrganizationCloud To Street
  • StatusConfirmed
  • NameRose Goslinga
  • TitleCEO
  • OrganizationPula
  • StatusConfirmed
  • NameTim Rann
  • TitleManaging Partner
  • OrganizationMercy Corps Ventures
  • StatusConfirmed
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