Housed at the International Labour Organization's Social Finance Programme, the Microinsurance Innovation Facility (French; Spanish) seeks to increase the availability of quality insurance for the developing world's low-income families to help them guard against risk and overcome poverty. The Facility was launched in 2008 with the support of a grant from the Bill & Melinda Gates Foundation. Over the next five years, the Facility will provide innovation grants, fund technical assistance, conduct research and disseminate information to enable insurance products and delivery models to provide better protection to the working poor.
Research on this topic undertaken thus far concludes that microinsurance is a work in progress, and much more progress is required to really provide value to poor households. Therefore, the Facility's research programme has an important role to play to consolidate existing knowledge and stimulate new learning to move the microinsurance agenda forward.
To fulfil our ambitious research agenda, the Facility collaborates with an academic consortium - the European Development Research Network (EUDN - www.eudnet.net). The EUDN links members of different development research institutions, particularly in the field of development economics, from Europe with the rest of the world. EUDN research fellows have an extensive background in investigating risks, poverty and vulnerability issues in developing countries.
The Microinsurance Innovation Facility and the European Development Research Network (EUDN) invite academic researchers to submit proposals for research that will contribute to new knowledge and support microinsurance development in developing countries.
Besides the research grants, the Microinsurance Innovation Facility is opening a window of research fellowships for academics and researchers from both developed and developing countries. The fellows will be placed with Facility innovation partners to help evaluate projects, to fulfil their own research interests and to gain practical field experience.
1st and 2nd round of GRANTS for RESEARCH on MICROINSURANCE
Selected proposals from the 1st and 2nd round