FAIR LIFE RE/INSURANCE FORUM

"LIFE INSURANCE & FINANCIAL INCLUSIONS: REACHING UNREACHED" 23RD & 24TH APRIL 2018 INTERCONTINENTAL CAIRO CITYSTARS HOTEL *Background Financial inclusion acts as a main driver of life insurance demand. Currently, only about 5% of the total market in Asia, Africa, and Latin America is covered, and only about 20% of microinsurance is being distributed by microfinance institutions globally .In a growing economy, a large segment of the population remains uninsured, understanding the necessity to reach out this vast population, we need to create a revolution by covering a huge, geographically widespread mass, educating people on the need for personal security and saving avenues. This event is a major multi-sector gathering of financial inclusion stakeholders in Afro-Asian countries and is recognized as a landmark event in developing life insurance, covering relevant topics, issues, innovations and world-leading case studies in Financial Inclusion. It attracts participants ranging from financial sector regulators, microfinance practitioners, advocates, academic institutions, donor agencies, international financial institutions, NGOs, domestic government agencies and others. *Highlights Financial inclusion acts as a main driver of life insurance demand. We need to create a revolution by covering a huge, geographically widespread mass, educating people on the need for personal security and saving avenues. We need to develop new microinsurance services to reach the poor. Distribution is a central piece, linked to client value and product development, as well as process definitions and technology, marketing etc. The development of information and communication technology applied to financial services provides new opportunities to increase financial inclusion but also requires greater financial awareness and literacy.