What is MicroEnsure?

MicroEnsure are dedicated to creating, distributing and operating products that help uninsured people in emerging markets to mitigate the risks they face each day. By understanding their customers, providing innovative solutions and pushing ourselves to do everything better, their company create significant value for customers, employees, business partners and investors.

How was it initially funded?

MicroEnsure has  recently enjoyed funding from; Omidyar Network, AXA, IFC and Sanlam. The original founder is Opportunity International. The charity has also enjoyed a significant grant from the Gates Foundation.

What has it accomplished?

The group have introduced new forms of protection for emerging customers, including micro-health, political violence, crop and mobile insurance all over the world. In each case, they didn’t start by designing a product in a board room – they visited their customers in markets and villages to understand how they cope with the variety of risks in their lives. The result of this client-centric approach is a new suite of solutions, and the opening of a new market for insurance.

What’s next?

After a fantastic start to business, MicroEnsure are fully committed to continuing their success into the following years. Continuing to build on the investments made across the world, in supporting middle and low income families, MicroEnsure is devoted to ensuring that everyone from every walk of life has the chance and access to the facilities which will allow them to thrive.