InsuResilience

By Charlotte Owen-Burge | August 4, 2021

Initiative Overview: Officially launched at COP23 in 2017, the vision of the InsuResilience Global Partnership is to strengthen the resilience of developing countries and protect the lives and livelihoods of poor and vulnerable people against the impacts of disasters, through multi-stakeholder collaboration. Focus is on preventative measures to alleviate the impacts of climate and disaster risks, as well as better post event response in 78 G20/V20 vulnerable countries.

Benefits: Financial institutions gain from practical experience in innovation and can test the usability of product innovations as well as fostering market development, especially those with an international development focus. Also offers input to policy on climate resilience and access to knowledge sharing. Member companies include Aon, Allianz, the MicroInsurance Company, Munich Re, & Willis Towers Watson.

Geographic coverage: Africa: Burkina Faso, Cameroon, Chad,  DRC, Ethiopia, Gambia, Ghana, Ivory Coast. Americas: Belize, Bolivia,  Chile, Colombia, Costa Rica, Ecuador, Guatemala, Guyana, Honduras, Nicaragua, Mexico, Panama, Paraguay, Peru, Suriname. Asia Pacific: Bangladesh, Bhutan, Cambodia, China, India, Indonesia, Laos, Mongolia, Myanmar,  Nepal, Pakistan, Philippines. Sri Lanka, Vietnam. Europe: Albania, Georgia, North Macedonia, Romania, Serbia. Middle East: Afghanistan, Egypt. SIDS: Anguilla, Bahamas, Bermuda, Cape Verde, Cayman Islands, Comoros, Cook Islands, Cuba, Dominica, Dominican Republic, Fiji, Grenada, Haiti, Jamaica, Kiribati, Maldives, Marshall islands, Mauritius,  Micronesia, Montserrat, Palau, Papua New Guinea, Samoa, Seychelles, Solomon Islands, St Kitts and Nevis, St Helena, St Lucia, St Vincent & the Grenadines, Tonga, Tuvalu, Trinidad & Tobago, Vanuatu.

Suitable for: Businesses, civil society, countries and financial institutions.

Case Studies: Since 2012, a public-private partnership of the Deutsche GIZ GmbH, the International Rice Research Institute, Sarmap SA, Swiss Re and the SDC have been collaborating through a public-private partnership – the rice crop monitoring initiative. ‘RIICE’ helps governments and farmers in SouthEast Asia and India to better forecast harvests in the face of an increasing number of extreme weather events.

How to join: Open to all stakeholders aligned to its vision, objectives and pro-poor principles. There is no cost to become a member, and the membership is permanent.

Website: www.insuresilience.org/

Contact Name / Email: Tuga Alaskary / tuga.alaskary@insuresilience.org