Micro-Insurance Member Interest Group - UK Launch of the Actuarial Training Modules for Micro-insurance

This event is no longer available for online booking. Please contact Waleed Soliman for further details.

Why attend this event?

Microinsurance is the latest in a line of ‘micro’ products, for example microfinance and microcredit, that have been developed to help low income people in developing countries achieve greater access to financial services. Unfortunately, microinsurance products have often been developed with limited or even no actuarial input partly due to a lack of affordable actuarial expertise in many developing countries.

To help to address this lack of actuarial resources the UK Actuarial profession has been working with the International Actuarial Association and the Microinsurance Network to develop some actuarial training modules which will help educate microinsurance practitioners in how to set robust premium rates and set the appropriate level of reserves.

The first two modules, covering credit life and agricultural insurance, were launched at the International Microinsurance conference in Tanzania in early November. This event is aimed at a UK audience who would like to know more about these modules and the plans for future developments.

There will also be a presentation from a UK actuary who has been working on microinsurance projects.

Who should attend?

Although this event is organised by the microinsurance member interest group it is open to all actuaries and students who are interested in microinsurance or more generally interested in how actuaries in the UK can help low-income people in developing countries.