Global Insurance penetration remains low, especially in African and Asian countries. This is mainly because of a lack of awareness, information, and proper channels of engagement among the various participants in the insurance industry ecosystem.
Harnessing Insurance is one of the critical pillars of the Sustainable Development Goals (SDGs). In particular, the following goals
Goal 1 target 1.5-By 2030, build the resilence of the poor and those in vulnerable situations and reduce their exposure and vulnerability to climate-related extreme events and other economic,social and enviromental shocks and disasters.
Goal 8 target 8.1 aims to strengthen the capacity of domestic financial institutions to encourage and expand access to insurance and financial services for all.
Insurance Adocacy Foundation helps to bridge these gaps by generating and disseminating knowledge, fostering learning and dialogue in the insurance industry ecosystem. Our strategy focuses on three key interconnected priorities that aim to increase global insurance penetration.
Our Mission
To support and strengthen the insurance industry ecosystem by creating awareness, generating knowledge and information that will ultimately increase insurance penetration globally and create sustainable futures.
Our Vision
To be a leader in generating and disseminating information in the insurance industry ecosystem.