International Conference on Inclusive Insurance 2023

The International Conference on Inclusive Insurance 2023 (ICII) will take place in Accra, Ghana, from 23-27 October 2023 gathering experts from 50+ countries to discuss and identify ways of accelerating growth and economic viability in inclusive insurance for emerging markets. The conference will be hosted by the National Insurance Commission of Ghana (NIC), the Ghana Insurance Association (GIA) and the Insurance Brokers' Association of Ghana (IBAG) in cooperation with Munich Re Foundation and the Microinsurance Network.

Plenary: “What does it take to develop inclusive insurance markets in West Africa”

On Tuesday, 24th October, the United Nations Development Program in partnership with the National Insurance Commission of Ghana (NIC), the Ghana Insurance Association (GIA) will host a Plenary session titled “What does it take to develop inclusive insurance markets in West Africa”. The objective of the panel is to:

• Present the findings of the diagnostic studies commissioned by UNDP in Ghana, Nigeria, and Senegal
• Discuss some of these points:
  • What is moving the inclusive insurance market in West Africa
  • Key elements in the enabling environment and what has worked and what hasn’t in different countries,
  • Regulation as a stimulus for insurance penetration growth
  • Actuarial capacity development at the country level and the regional experience of the Global Actuarial Initiative
  • Technology and digitalization examples from the region
  • Effects of premium subsidies

The Session will be facilitated by; Linet O. Macharia, Regional Lead for Africa, Insurance and Risk Finance Facility at United Nations Development Programme.