SlideShare une entreprise Scribd logo
1  sur  29
Making inclusive insurance work: Clients
and impact metrics
Making inclusive insurance work: Clients
and impact metrics
2
Presenter:
Patrick Mommeja
Allianz Africa
Presenter:
Butch Bacani
UN Environment’s
Principles for
Sustainable Insurance
Initiative
Presenter:
Geric Laude
CARD Pioneer Microinsurance
Facilitator:
Aparna Dalal
Impact Insurance
Facility
2
Presenter:
Michal Matul
Impact Insurance
Facility
The UNEP-PSI and ILO webinar series
3
Making inclusive insurance work - A webinar series by the International
Labour Organization’s Impact Insurance Facility and UN Environment’s
Principles for Sustainable Insurance (PSI) Initiative
As part of the global agenda of insuring for sustainable development, the
Impact Insurance Facility (www.impactinsurance.org) and the PSI Initiative
(www.unepfi.org/psi) are delighted to announce a five-part webinar series
with the theme, “Making inclusive insurance work”.
Today’s kick-off session will focus on “Client and impact metrics”
Interfacing with the webinar system
4
Tell us what you think. Type
your questions/ comments
here even while the
presentation is going on.
These will only be visible to
the staff.
Polls will also be
opened during the
webinar – participate by
clicking on your
answers
Hide/unhide the
control panel
Click here to raise your
hand
Clients and Impact Metrics
5
Geric G. Laude
President – CARD Pioneer Microinsurance Inc.
Microinsurance Champion – Pioneer Group of
Insurance Companies
6
20,166 157,371
491,353
982,279
1,262,827
1,577,675
8,505,164
20M (est.)
2009
2010
2011
2012
2013
2014
2015
2016
Premium
USD 19M
Premium
USD562K
Enrollments
Total Microinsurance (Life
& Non-Life)
“You Get What You Measure”
7
Total Claims Turnaround
Time (TAT)
From Date of Loss to
Advice to Partner
From Partner to Pioneer
From Advice to
Completion of Docs
From Completion of
Documents to Settlement
5-10 days
5 days
15-30 days
15-30 days
Client Visits and Immersions
8
9
“Customer centricity is defined as the ecosystem and operating
model that enables an organization to design a unique and
distinctive customer experience. This architecture enables the
business to acquire, retain and develop targeted customers
efficiently for the benefit of customers, employees and
stakeholders.”
– Doug Leather, The Customer-Centric Blueprint
Five pillars of customer centricity
as a business model
10
Leadership
and culture
(customer focused
leadership and culture)
Focusing
operations
(focusing operations
on the customer -
compliance, risk, IT,
HR, finance,
marketing, legal,
training)
People, tools
and insights
(collecting information,
information,
generating insights,
informing strategy,
informing customer
value propositions and
and empowering
employees)
Customer
experience
(based on insights
generated, design,
concepts, test, build,
delivery, scale and
renewal)
Value
(creating and
measuring value: at
customer, firm and
society level)
Now begin to see emphasis on design, but need much more to move to the implementation of customer
centric solutions, learning proved the importance of these pillars
Consistently delivering positive customer experience to create value for all
Companies managing customer
journeys perform better
11
What we are working on
12
Voice of the Customer
Customer & Agent Journey Mapping
Cost Per Transaction
Unique Customer Code
Customer Lifetime Value
Dashboard
Organizational Change Management
13
Thank you!
Clients and Impact Metrics
14
Patrick Mommeja
Head of Life & Microinsurance
Allianz Africa
Clients and Impact Metrics
15
Since 2008 ALLIANZ AFRICA has been involved in micro-insurance
600 000 insureds 4 million euros of premiums
Average claim ratio : 50 %, Distribution mainly via MFIs
16
Do we meet the clients’ needs ?
Do we bring relevant value to the clients ?
17
Credit life insurance
80 % of premiums but a non consistent claim ratio with some MFIs
18
Funeral insurance
A very popular and well understand product
19
Savings
Comprehensive insurance easy to sell even with mobile
20
Hospitalisation cash
That’s not HEALTH INSURANCE
21
Agriculture insurance
A strong demand but too sophisticated and expensive
22
Our main comments after a 7-year journey :
Adopt automatic schemes
Simplify Products and processes
Reach significant volumes
Segment the market (ie.mobile operators).
23
Thank you!
Audience poll 1
24
Audience poll 2
25
Audience poll 3
26
Concluding thoughts
27
Making inclusive insurance work: Clients
and impact metrics
28
Presenter:
Patrick Mommeja
Allianz Africa
Presenter:
Butch Bacani
UN Environment’s
Principles for
Sustainable Insurance
Initiative
Presenter:
Geric Laude
CARD Pioneer Microinsurance
Facilitator:
Aparna Dalal
Impact Insurance
Facility
28
Presenter:
Michal Matul
Impact Insurance
Facility
Our next webinars
29
Making inclusive insurance work - A webinar series by the International
Labour Organization’s Impact Insurance Facility and UN Environment’s
Principles for Sustainable Insurance (PSI) Initiative
The topics and schedule of the next webinars are as follows:
2. Distribution and technology - ?? December 2016
3. Health - January 2016
4. SMEs and value chains - March 2017
5. Agriculture and climate risks- April 2017

Contenu connexe

Similaire à UNEP-PSI webinar series "Making inclusive insurance work" - session 1: Clients and impact metrics

Introduction to the principles of client protection to post
Introduction to the principles of client protection to postIntroduction to the principles of client protection to post
Introduction to the principles of client protection to post
jpattee
 
RASHMITA MANONDDRA BLACK BOOK.docx
RASHMITA MANONDDRA BLACK BOOK.docxRASHMITA MANONDDRA BLACK BOOK.docx
RASHMITA MANONDDRA BLACK BOOK.docx
LittleLap
 
Training report on metlife- shubhashish
Training report on metlife-  shubhashishTraining report on metlife-  shubhashish
Training report on metlife- shubhashish
Shubhashish Mandal
 
Microfinance for decent work improving the working environment and addressi...
Microfinance for decent work   improving the working environment and addressi...Microfinance for decent work   improving the working environment and addressi...
Microfinance for decent work improving the working environment and addressi...
Microcredit Summit Campaign
 
A project-report-on-marketing-techniques-of-ing-vysya-life-insurance-hyderabad
A project-report-on-marketing-techniques-of-ing-vysya-life-insurance-hyderabadA project-report-on-marketing-techniques-of-ing-vysya-life-insurance-hyderabad
A project-report-on-marketing-techniques-of-ing-vysya-life-insurance-hyderabad
prathibasheoran
 

Similaire à UNEP-PSI webinar series "Making inclusive insurance work" - session 1: Clients and impact metrics (20)

Exec InsurTech cologne 2019 Review
Exec InsurTech cologne 2019 ReviewExec InsurTech cologne 2019 Review
Exec InsurTech cologne 2019 Review
 
Global Insurtech Roadshow 2018 – REVIEW
Global Insurtech Roadshow 2018 – REVIEWGlobal Insurtech Roadshow 2018 – REVIEW
Global Insurtech Roadshow 2018 – REVIEW
 
Digital and Direct Non-Life Insurance in Asia
Digital and Direct Non-Life Insurance in AsiaDigital and Direct Non-Life Insurance in Asia
Digital and Direct Non-Life Insurance in Asia
 
The Connected Insurance Observatory
The Connected Insurance ObservatoryThe Connected Insurance Observatory
The Connected Insurance Observatory
 
Digital Distribution trends
Digital Distribution trends Digital Distribution trends
Digital Distribution trends
 
Customer education in agriculture insurance
Customer education in agriculture insuranceCustomer education in agriculture insurance
Customer education in agriculture insurance
 
EXEC – Europe’s Prime fintech & insurtech event
EXEC – Europe’s Prime fintech & insurtech eventEXEC – Europe’s Prime fintech & insurtech event
EXEC – Europe’s Prime fintech & insurtech event
 
The Digital Insurer - Priviate presentation to Muang Thai
The Digital Insurer - Priviate presentation to Muang ThaiThe Digital Insurer - Priviate presentation to Muang Thai
The Digital Insurer - Priviate presentation to Muang Thai
 
Introduction to the principles of client protection to post
Introduction to the principles of client protection to postIntroduction to the principles of client protection to post
Introduction to the principles of client protection to post
 
Digital insurance in Asia - Finnovasia Presentation
Digital insurance in Asia - Finnovasia PresentationDigital insurance in Asia - Finnovasia Presentation
Digital insurance in Asia - Finnovasia Presentation
 
mHealth Israel_Intro to Munich Health_Oct 2015
mHealth Israel_Intro to Munich Health_Oct 2015mHealth Israel_Intro to Munich Health_Oct 2015
mHealth Israel_Intro to Munich Health_Oct 2015
 
RASHMITA MANONDDRA BLACK BOOK.docx
RASHMITA MANONDDRA BLACK BOOK.docxRASHMITA MANONDDRA BLACK BOOK.docx
RASHMITA MANONDDRA BLACK BOOK.docx
 
CAN MACHINE-TO-MACHINE COMMUNICATIONS BE USED TO IMPROVE CUSTOMER EXPERIENCE ...
CAN MACHINE-TO-MACHINE COMMUNICATIONS BE USED TO IMPROVE CUSTOMER EXPERIENCE ...CAN MACHINE-TO-MACHINE COMMUNICATIONS BE USED TO IMPROVE CUSTOMER EXPERIENCE ...
CAN MACHINE-TO-MACHINE COMMUNICATIONS BE USED TO IMPROVE CUSTOMER EXPERIENCE ...
 
Training report on metlife- shubhashish
Training report on metlife-  shubhashishTraining report on metlife-  shubhashish
Training report on metlife- shubhashish
 
The Digital Insurer Europe 2017 Live Stream Review
The Digital Insurer Europe 2017 Live Stream ReviewThe Digital Insurer Europe 2017 Live Stream Review
The Digital Insurer Europe 2017 Live Stream Review
 
Iso insurance IT Strategy
Iso insurance IT StrategyIso insurance IT Strategy
Iso insurance IT Strategy
 
Webinar - Making change happen within insurers
Webinar - Making change happen within insurersWebinar - Making change happen within insurers
Webinar - Making change happen within insurers
 
Microfinance for decent work improving the working environment and addressi...
Microfinance for decent work   improving the working environment and addressi...Microfinance for decent work   improving the working environment and addressi...
Microfinance for decent work improving the working environment and addressi...
 
A project-report-on-marketing-techniques-of-ing-vysya-life-insurance-hyderabad
A project-report-on-marketing-techniques-of-ing-vysya-life-insurance-hyderabadA project-report-on-marketing-techniques-of-ing-vysya-life-insurance-hyderabad
A project-report-on-marketing-techniques-of-ing-vysya-life-insurance-hyderabad
 
Pmi learnings pgdm it general project
Pmi learnings   pgdm it general projectPmi learnings   pgdm it general project
Pmi learnings pgdm it general project
 

Plus de Impact Insurance Facility

Building integrated wealth and risk management solutions
Building integrated wealth and risk management solutionsBuilding integrated wealth and risk management solutions
Building integrated wealth and risk management solutions
Impact Insurance Facility
 
Population coverage: from pilot to nationwide scale-up of the “NHIS mobile re...
Population coverage: from pilot to nationwide scale-up of the “NHIS mobile re...Population coverage: from pilot to nationwide scale-up of the “NHIS mobile re...
Population coverage: from pilot to nationwide scale-up of the “NHIS mobile re...
Impact Insurance Facility
 
Éducation financière, protection du consommateur et expérience de la MS-PAMECAS
Éducation financière, protection du consommateur et expérience de la MS-PAMECASÉducation financière, protection du consommateur et expérience de la MS-PAMECAS
Éducation financière, protection du consommateur et expérience de la MS-PAMECAS
Impact Insurance Facility
 

Plus de Impact Insurance Facility (20)

Building integrated wealth and risk management solutions
Building integrated wealth and risk management solutionsBuilding integrated wealth and risk management solutions
Building integrated wealth and risk management solutions
 
Webinar on Integrated risk management solutions
Webinar on Integrated risk management solutionsWebinar on Integrated risk management solutions
Webinar on Integrated risk management solutions
 
Population coverage: from pilot to nationwide scale-up of the “NHIS mobile re...
Population coverage: from pilot to nationwide scale-up of the “NHIS mobile re...Population coverage: from pilot to nationwide scale-up of the “NHIS mobile re...
Population coverage: from pilot to nationwide scale-up of the “NHIS mobile re...
 
Webinar on the first actuarial analysis of Pakistan’s Sehat Sahulat Programme...
Webinar on the first actuarial analysis of Pakistan’s Sehat Sahulat Programme...Webinar on the first actuarial analysis of Pakistan’s Sehat Sahulat Programme...
Webinar on the first actuarial analysis of Pakistan’s Sehat Sahulat Programme...
 
Ten years, eight trends: where does inclusive insurance go from here?
Ten years, eight trends: where does inclusive insurance go from here?Ten years, eight trends: where does inclusive insurance go from here?
Ten years, eight trends: where does inclusive insurance go from here?
 
Webinar on Putting client insights into practice
Webinar on Putting client insights into practiceWebinar on Putting client insights into practice
Webinar on Putting client insights into practice
 
Webinar on 3-D Client Value Assessment
Webinar on 3-D Client Value AssessmentWebinar on 3-D Client Value Assessment
Webinar on 3-D Client Value Assessment
 
Webinar - Design Thinking as a strategy for innovation in Public Sector Healt...
Webinar - Design Thinking as a strategy for innovation in Public Sector Healt...Webinar - Design Thinking as a strategy for innovation in Public Sector Healt...
Webinar - Design Thinking as a strategy for innovation in Public Sector Healt...
 
Webinar on Providing insurance products to rural populations in West Africa
Webinar on Providing insurance products to rural populations in West AfricaWebinar on Providing insurance products to rural populations in West Africa
Webinar on Providing insurance products to rural populations in West Africa
 
UNEP-PSI webinar series "Making inclusive insurance work" - session 6: Health...
UNEP-PSI webinar series "Making inclusive insurance work" - session 6: Health...UNEP-PSI webinar series "Making inclusive insurance work" - session 6: Health...
UNEP-PSI webinar series "Making inclusive insurance work" - session 6: Health...
 
UNEP-PSI webinar series "Making inclusive insurance work" - session 5: Agricu...
UNEP-PSI webinar series "Making inclusive insurance work" - session 5: Agricu...UNEP-PSI webinar series "Making inclusive insurance work" - session 5: Agricu...
UNEP-PSI webinar series "Making inclusive insurance work" - session 5: Agricu...
 
UNEP-PSI webinar series "Making inclusive insurance work" - session 4: SMEs a...
UNEP-PSI webinar series "Making inclusive insurance work" - session 4: SMEs a...UNEP-PSI webinar series "Making inclusive insurance work" - session 4: SMEs a...
UNEP-PSI webinar series "Making inclusive insurance work" - session 4: SMEs a...
 
Webinar - Improving claims management
Webinar - Improving claims managementWebinar - Improving claims management
Webinar - Improving claims management
 
The role of governments in scaling up agriculture insurance
The role of governments in scaling up agriculture insuranceThe role of governments in scaling up agriculture insurance
The role of governments in scaling up agriculture insurance
 
Webinar on Bundling agriculture index insurance with financial and non financ...
Webinar on Bundling agriculture index insurance with financial and non financ...Webinar on Bundling agriculture index insurance with financial and non financ...
Webinar on Bundling agriculture index insurance with financial and non financ...
 
Webinar on Meso-level distribution: Opportunities and challenges
Webinar on Meso-level distribution: Opportunities and challengesWebinar on Meso-level distribution: Opportunities and challenges
Webinar on Meso-level distribution: Opportunities and challenges
 
Taller de Desarrollo del Mercado de Microseguros
Taller de Desarrollo del Mercado de MicrosegurosTaller de Desarrollo del Mercado de Microseguros
Taller de Desarrollo del Mercado de Microseguros
 
Education financière pour l’assurance : Un approche pour l’industrie
Education financière pour l’assurance : Un approche pour l’industrieEducation financière pour l’assurance : Un approche pour l’industrie
Education financière pour l’assurance : Un approche pour l’industrie
 
Éducation financière, protection du consommateur et expérience de la MS-PAMECAS
Éducation financière, protection du consommateur et expérience de la MS-PAMECASÉducation financière, protection du consommateur et expérience de la MS-PAMECAS
Éducation financière, protection du consommateur et expérience de la MS-PAMECAS
 
The Mobile Insurance Win-Win-Win
The Mobile Insurance Win-Win-WinThe Mobile Insurance Win-Win-Win
The Mobile Insurance Win-Win-Win
 

Dernier

Russian🍌Dazzling Hottie Get☎️ 9053900678 ☎️call girl In Chandigarh By Chandig...
Russian🍌Dazzling Hottie Get☎️ 9053900678 ☎️call girl In Chandigarh By Chandig...Russian🍌Dazzling Hottie Get☎️ 9053900678 ☎️call girl In Chandigarh By Chandig...
Russian🍌Dazzling Hottie Get☎️ 9053900678 ☎️call girl In Chandigarh By Chandig...
Chandigarh Call girls 9053900678 Call girls in Chandigarh
 

Dernier (20)

A PPT on digital India initiative by Government of India
A PPT on digital India initiative by Government of IndiaA PPT on digital India initiative by Government of India
A PPT on digital India initiative by Government of India
 
Akurdi ( Call Girls ) Pune 6297143586 Hot Model With Sexy Bhabi Ready For S...
Akurdi ( Call Girls ) Pune  6297143586  Hot Model With Sexy Bhabi Ready For S...Akurdi ( Call Girls ) Pune  6297143586  Hot Model With Sexy Bhabi Ready For S...
Akurdi ( Call Girls ) Pune 6297143586 Hot Model With Sexy Bhabi Ready For S...
 
(NEHA) Call Girls Nagpur Call Now 8250077686 Nagpur Escorts 24x7
(NEHA) Call Girls Nagpur Call Now 8250077686 Nagpur Escorts 24x7(NEHA) Call Girls Nagpur Call Now 8250077686 Nagpur Escorts 24x7
(NEHA) Call Girls Nagpur Call Now 8250077686 Nagpur Escorts 24x7
 
Antisemitism Awareness Act: pénaliser la critique de l'Etat d'Israël
Antisemitism Awareness Act: pénaliser la critique de l'Etat d'IsraëlAntisemitism Awareness Act: pénaliser la critique de l'Etat d'Israël
Antisemitism Awareness Act: pénaliser la critique de l'Etat d'Israël
 
SMART BANGLADESH I PPTX I SLIDE IShovan Prita Paul.pptx
SMART BANGLADESH  I    PPTX   I    SLIDE   IShovan Prita Paul.pptxSMART BANGLADESH  I    PPTX   I    SLIDE   IShovan Prita Paul.pptx
SMART BANGLADESH I PPTX I SLIDE IShovan Prita Paul.pptx
 
Finance strategies for adaptation. Presentation for CANCC
Finance strategies for adaptation. Presentation for CANCCFinance strategies for adaptation. Presentation for CANCC
Finance strategies for adaptation. Presentation for CANCC
 
Get Premium Budhwar Peth Call Girls (8005736733) 24x7 Rate 15999 with A/c Roo...
Get Premium Budhwar Peth Call Girls (8005736733) 24x7 Rate 15999 with A/c Roo...Get Premium Budhwar Peth Call Girls (8005736733) 24x7 Rate 15999 with A/c Roo...
Get Premium Budhwar Peth Call Girls (8005736733) 24x7 Rate 15999 with A/c Roo...
 
1935 CONSTITUTION REPORT IN RIPH FINALLS
1935 CONSTITUTION REPORT IN RIPH FINALLS1935 CONSTITUTION REPORT IN RIPH FINALLS
1935 CONSTITUTION REPORT IN RIPH FINALLS
 
VIP Model Call Girls Narhe ( Pune ) Call ON 8005736733 Starting From 5K to 25...
VIP Model Call Girls Narhe ( Pune ) Call ON 8005736733 Starting From 5K to 25...VIP Model Call Girls Narhe ( Pune ) Call ON 8005736733 Starting From 5K to 25...
VIP Model Call Girls Narhe ( Pune ) Call ON 8005736733 Starting From 5K to 25...
 
celebrity 💋 Agra Escorts Just Dail 8250092165 service available anytime 24 hour
celebrity 💋 Agra Escorts Just Dail 8250092165 service available anytime 24 hourcelebrity 💋 Agra Escorts Just Dail 8250092165 service available anytime 24 hour
celebrity 💋 Agra Escorts Just Dail 8250092165 service available anytime 24 hour
 
Just Call Vip call girls Wardha Escorts ☎️8617370543 Starting From 5K to 25K ...
Just Call Vip call girls Wardha Escorts ☎️8617370543 Starting From 5K to 25K ...Just Call Vip call girls Wardha Escorts ☎️8617370543 Starting From 5K to 25K ...
Just Call Vip call girls Wardha Escorts ☎️8617370543 Starting From 5K to 25K ...
 
Call Girls Sangamwadi Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Sangamwadi Call Me 7737669865 Budget Friendly No Advance BookingCall Girls Sangamwadi Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Sangamwadi Call Me 7737669865 Budget Friendly No Advance Booking
 
Russian🍌Dazzling Hottie Get☎️ 9053900678 ☎️call girl In Chandigarh By Chandig...
Russian🍌Dazzling Hottie Get☎️ 9053900678 ☎️call girl In Chandigarh By Chandig...Russian🍌Dazzling Hottie Get☎️ 9053900678 ☎️call girl In Chandigarh By Chandig...
Russian🍌Dazzling Hottie Get☎️ 9053900678 ☎️call girl In Chandigarh By Chandig...
 
Night 7k to 12k Call Girls Service In Navi Mumbai 👉 BOOK NOW 9833363713 👈 ♀️...
Night 7k to 12k  Call Girls Service In Navi Mumbai 👉 BOOK NOW 9833363713 👈 ♀️...Night 7k to 12k  Call Girls Service In Navi Mumbai 👉 BOOK NOW 9833363713 👈 ♀️...
Night 7k to 12k Call Girls Service In Navi Mumbai 👉 BOOK NOW 9833363713 👈 ♀️...
 
An Atoll Futures Research Institute? Presentation for CANCC
An Atoll Futures Research Institute? Presentation for CANCCAn Atoll Futures Research Institute? Presentation for CANCC
An Atoll Futures Research Institute? Presentation for CANCC
 
Call Girls Nanded City Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Nanded City Call Me 7737669865 Budget Friendly No Advance BookingCall Girls Nanded City Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Nanded City Call Me 7737669865 Budget Friendly No Advance Booking
 
VIP Model Call Girls Shikrapur ( Pune ) Call ON 8005736733 Starting From 5K t...
VIP Model Call Girls Shikrapur ( Pune ) Call ON 8005736733 Starting From 5K t...VIP Model Call Girls Shikrapur ( Pune ) Call ON 8005736733 Starting From 5K t...
VIP Model Call Girls Shikrapur ( Pune ) Call ON 8005736733 Starting From 5K t...
 
Coastal Protection Measures in Hulhumale'
Coastal Protection Measures in Hulhumale'Coastal Protection Measures in Hulhumale'
Coastal Protection Measures in Hulhumale'
 
Top Rated Pune Call Girls Bhosari ⟟ 6297143586 ⟟ Call Me For Genuine Sex Ser...
Top Rated  Pune Call Girls Bhosari ⟟ 6297143586 ⟟ Call Me For Genuine Sex Ser...Top Rated  Pune Call Girls Bhosari ⟟ 6297143586 ⟟ Call Me For Genuine Sex Ser...
Top Rated Pune Call Girls Bhosari ⟟ 6297143586 ⟟ Call Me For Genuine Sex Ser...
 
Top Rated Pune Call Girls Hadapsar ⟟ 6297143586 ⟟ Call Me For Genuine Sex Se...
Top Rated  Pune Call Girls Hadapsar ⟟ 6297143586 ⟟ Call Me For Genuine Sex Se...Top Rated  Pune Call Girls Hadapsar ⟟ 6297143586 ⟟ Call Me For Genuine Sex Se...
Top Rated Pune Call Girls Hadapsar ⟟ 6297143586 ⟟ Call Me For Genuine Sex Se...
 

UNEP-PSI webinar series "Making inclusive insurance work" - session 1: Clients and impact metrics

  • 1. Making inclusive insurance work: Clients and impact metrics
  • 2. Making inclusive insurance work: Clients and impact metrics 2 Presenter: Patrick Mommeja Allianz Africa Presenter: Butch Bacani UN Environment’s Principles for Sustainable Insurance Initiative Presenter: Geric Laude CARD Pioneer Microinsurance Facilitator: Aparna Dalal Impact Insurance Facility 2 Presenter: Michal Matul Impact Insurance Facility
  • 3. The UNEP-PSI and ILO webinar series 3 Making inclusive insurance work - A webinar series by the International Labour Organization’s Impact Insurance Facility and UN Environment’s Principles for Sustainable Insurance (PSI) Initiative As part of the global agenda of insuring for sustainable development, the Impact Insurance Facility (www.impactinsurance.org) and the PSI Initiative (www.unepfi.org/psi) are delighted to announce a five-part webinar series with the theme, “Making inclusive insurance work”. Today’s kick-off session will focus on “Client and impact metrics”
  • 4. Interfacing with the webinar system 4 Tell us what you think. Type your questions/ comments here even while the presentation is going on. These will only be visible to the staff. Polls will also be opened during the webinar – participate by clicking on your answers Hide/unhide the control panel Click here to raise your hand
  • 5. Clients and Impact Metrics 5 Geric G. Laude President – CARD Pioneer Microinsurance Inc. Microinsurance Champion – Pioneer Group of Insurance Companies
  • 7. “You Get What You Measure” 7 Total Claims Turnaround Time (TAT) From Date of Loss to Advice to Partner From Partner to Pioneer From Advice to Completion of Docs From Completion of Documents to Settlement 5-10 days 5 days 15-30 days 15-30 days
  • 8. Client Visits and Immersions 8
  • 9. 9 “Customer centricity is defined as the ecosystem and operating model that enables an organization to design a unique and distinctive customer experience. This architecture enables the business to acquire, retain and develop targeted customers efficiently for the benefit of customers, employees and stakeholders.” – Doug Leather, The Customer-Centric Blueprint
  • 10. Five pillars of customer centricity as a business model 10 Leadership and culture (customer focused leadership and culture) Focusing operations (focusing operations on the customer - compliance, risk, IT, HR, finance, marketing, legal, training) People, tools and insights (collecting information, information, generating insights, informing strategy, informing customer value propositions and and empowering employees) Customer experience (based on insights generated, design, concepts, test, build, delivery, scale and renewal) Value (creating and measuring value: at customer, firm and society level) Now begin to see emphasis on design, but need much more to move to the implementation of customer centric solutions, learning proved the importance of these pillars Consistently delivering positive customer experience to create value for all
  • 12. What we are working on 12 Voice of the Customer Customer & Agent Journey Mapping Cost Per Transaction Unique Customer Code Customer Lifetime Value Dashboard Organizational Change Management
  • 14. Clients and Impact Metrics 14 Patrick Mommeja Head of Life & Microinsurance Allianz Africa
  • 15. Clients and Impact Metrics 15 Since 2008 ALLIANZ AFRICA has been involved in micro-insurance 600 000 insureds 4 million euros of premiums Average claim ratio : 50 %, Distribution mainly via MFIs
  • 16. 16 Do we meet the clients’ needs ? Do we bring relevant value to the clients ?
  • 17. 17 Credit life insurance 80 % of premiums but a non consistent claim ratio with some MFIs
  • 18. 18 Funeral insurance A very popular and well understand product
  • 19. 19 Savings Comprehensive insurance easy to sell even with mobile
  • 21. 21 Agriculture insurance A strong demand but too sophisticated and expensive
  • 22. 22 Our main comments after a 7-year journey : Adopt automatic schemes Simplify Products and processes Reach significant volumes Segment the market (ie.mobile operators).
  • 28. Making inclusive insurance work: Clients and impact metrics 28 Presenter: Patrick Mommeja Allianz Africa Presenter: Butch Bacani UN Environment’s Principles for Sustainable Insurance Initiative Presenter: Geric Laude CARD Pioneer Microinsurance Facilitator: Aparna Dalal Impact Insurance Facility 28 Presenter: Michal Matul Impact Insurance Facility
  • 29. Our next webinars 29 Making inclusive insurance work - A webinar series by the International Labour Organization’s Impact Insurance Facility and UN Environment’s Principles for Sustainable Insurance (PSI) Initiative The topics and schedule of the next webinars are as follows: 2. Distribution and technology - ?? December 2016 3. Health - January 2016 4. SMEs and value chains - March 2017 5. Agriculture and climate risks- April 2017

Notes de l'éditeur

  1. To familiarize everyone with the webinar system we’re using, let me introduce you to the features that we are going to use to engage our attendees. Aside from the presentation, you should be seeing in your screen panels that looks like this. * Click on the close buttons to hide these panels and reopen them by click on the icons above. You have also noticed that our audience by default are muted, and this is in order for us to manage the noise and confusion * But if you have questions or comments, you can tell us about it by typing in this chat box throughout the presentation. You can also raise your hand. And do indicate your organization so we can mention it in the Q&A. We’ll consolidate all your messages and address them during the Q&A. And lastly, we’ll have polls during this webinar * and you will be asked of your opinion. To participate, simply click on your response, and we’ll share the results.