Study on the MicroInsurance Industry In Nepal

Sun-2018-Jul

Sakchyam Access to Finance Nepal is funded by UK aid from the British government. This report provides the Overview of Microinsurance in Nepal .Sakchyam has facilitated the establishment of insurance pool of non-life insurance companies and partners within the microfinance industries to widen the distribution of microinsurance products. This was achieved by initiating a discussion among stakeholders of insurance to expand insurance to the low-income households by reducing distribution cost and increasing insurance awareness. After several discussions, associations of insurance and microfinance industries represented by Nepal Insurers’ Association (NIA) and Nepal Microfinance Banker’s Association (NMBA) agreed to distribute insurance products via microfinance institutions (MFIs).

Click Here to read the Full Report  NIA - Sakchyam Partnership