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Fellowship in Microinsurance Innovation facility
Hyderabad, India | 20 Nov 2009

Introduction
The Microinsurance Innovation Facility ('the Facility'), established by the International Labour Organization (ILO) with support from the Bill & Melinda Gates Foundation, promotes decent work by facilitating the emergence of valuable insurance coverage to protect the working poor in developing countries. The Facility
engages in four sets of activities:

  • Offering innovation grants to stimulate new ideas and test new approaches to providing better insurance products to un-served and under-served markets;
  • Develop microinsurance professionals to assist providers;
  • Conducting research to identify models of success and analyzing the impact insurance has on the ability of poor men and women to manage risks; and
  • Disseminating lessons learned among key stakeholders.

The Microinsurance Fellowship Programme is part of our Consulting & Capacity Building activities.

Fellowship Programme Overview
To build a new cadre of microinsurance professionals, fellowships will be offered to selected professionals with relevant background and experience who want to contribute to a host microinsurance scheme on a long-term assignment under the guidance of a mentor. Fellows funded by the Microinsurance Innovation Facility are typically professionals with at least 3 years of experience in the insurance industry. They have a desire to use their expertise for the furtherance of microinsurance, but they have limited exposure to the low-income market. Through the Fellowship Programme, a fellow can provide insurance expertise while learning to adapt that expertise to the low-income market for the benefit of the host organization.

The fellow will provide structural enhancement to the host organization, rather than one-off technical assistance. The host organization is expected to be in a much stronger position, as well as more operationally sustainable at the conclusion of the fellowship.

For more information on the Fellowship Programme, please visit:
https://www.ilo.org/public/english/employment/mifacility/download/fellowship_jd_care_20091109.pdf

Last Date: 31 Jul 2010

 
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