Course content overview
Objectives for the 2-day sessions include:
- Discuss how financial inclusion can facilitate risk preparedness, livelihood reconstruction and risk management, explore how insurance can be applied as a risk management tool and facilitate financial inclusion
- Identify success factors and challenges in making microinsurance viable for providers and discuss successful distribution models for insurance products
- Understand the concept of index-based insurance and its role as an agricultural risk management tool
- Agree on the roles of government, the private sector, and the farming communities and the importance of partnerships in addressing risk management issues on local level
The course will discuss how livelihoods and financial inclusion of rural population are affected by disasters on both - demand and supply sides of the financial sector. A range of financial services for managing risks will be explored, with further focus on the scope and variety of microinsurance products and their applicability in the post-disaster context, as well as challenges and success factors associated with making microinsurance viable for the providers. Furthermore, index-based insurance and its role as an agricultural risk management tool will be reviewed. Finally, a special session will be dedicated to exploring the role of various stakeholders in making the communities more resilient.