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Closing the gap Partnerships for reaching people

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Presentation on theme: "Closing the gap Partnerships for reaching people"— Presentation transcript:

1 Closing the gap Partnerships for reaching people
Lukas Mueller, AIO 2017, Kampala

2 The 3.0 insurer will invest as much (if not more) in understanding and influencing human behaviour as in the proposition itself (technology, data, product)

3 Closing the protection gap across Africa must be our industry’s top priority
Insurance penetration across Africa Premiums as % of GPD in 2015: >5% >3% Source: Swiss Re Economic Research and Consulting

4 You can’t read the label when you’re sitting inside the jar.

5 Why is there a protection gap
AWARENESS AFFORDABILITY ACCESSABILITY TRUST

6 Raising awareness to reduce the protection gap and benefit society
The vision Raising awareness to reduce the protection gap and benefit society The Protection Gap “Movement” connects people, communities, governments, organizations to raise awareness, connect ideas, provide education, develop and align initiatives across the public & private sector to reduce the protection gap. Along with industry partners, associations, public private partnerships and academic institutions, Swiss Re will support and help organize local activities, workshops and other forums targeted at raising awareness to make the world more resilient. Swiss Re will orchestrate a global campaign approach and bring partners together. The ambition is to make this a self sustainable recurring movement.

7 Kenya as a pilot market Reduce protection gap
Kenya is our first step in creating a big, self sustaining global movement. With the many already ongoing activities Kenya is a perfect place to get this started. Goals for Kenya protection gap movement: Reduce protection gap Run end consumer event(s) & activities in Q2/2017 to raise awareness and subsequently reduce the protection gap Create a sustainable recurring movement Connect needs to solutions Ensure movement is promoted by media and other parties Incorporate management of personal risks into educational curriculums

8 Thinking grassroots and getting the value proposition right: Insure the grass and the cows don’t die.

9 5

10 Legal notice ©2016 Swiss Re. All rights reserved. You are not permitted to create any modifications or derivative works of this presentation or to use it for commercial or other public purposes without the prior written permission of Swiss Re. The information and opinions contained in the presentation are provided as at the date of the presentation and are subject to change without notice. Although the information used was taken from reliable sources, Swiss Re does not accept any responsibility for the accuracy or comprehensiveness of the details given. All liability for the accuracy and completeness thereof or for any damage or loss resulting from the use of the information contained in this presentation is expressly excluded. Under no circumstances shall Swiss Re or its Group companies be liable for any financial or consequential loss relating to this presentation.


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