INTERNATIONAL LABOUR DAY WEBINAR

THEME:
The Role of Young Insurance Professionals in Promoting Inclusive Insurance in Africa

Expert-Led Discussions on Inclusive Insurance

The session was expertly moderated by Karimi Nthiga, the Regional Coordinator for Africa at the Microinsurance Network, who guided the discussion on the evolving landscape of inclusive insurance and the challenges and opportunities facing young professionals in the sector.

Key Outcomes from the Webinar

✔️ Strengthening the Role of Young Professionals: The discussion underscored the pivotal role young insurance professionals play in driving innovation and developing microinsurance solutions to cover low-income and informal sector workers.

✔️ Bridging the Protection Gap: Panelists emphasized the need for public-private partnerships (PPPs) to expand inclusive insurance coverage, particularly in rural and underserved communities.

✔️ Harnessing Technology for Inclusive Insurance: The webinar explored how digital transformation, such as mobile insurance platforms and AI-driven risk assessment, is making insurance more accessible and affordable.

✔️ Advancing Policy and Regulation: Experts called for a stronger focus on policy reforms that promote market-driven, yet socially responsible insurance models across Africa.

✔️ Capacity Building and Education: A major takeaway was the need for continuous education and professional development to equip young professionals with the skills necessary to design impact-driven insurance products.

✔️ Collaboration Across Sectors: The webinar highlighted the importance of multi-stakeholder collaboration between governments, insurers, development organizations, and fintech innovators in scaling inclusive insurance solutions.

Next Steps & Commitment to Action

This insightful session reaffirmed YIPs Africa’s commitment to empowering young professionals with the knowledge, skills, and networks to promote inclusive insurance solutions that enhance financial resilience and social protection across the continent.

We extend our gratitude to all our partners – ILO, IFAGE, and the Microinsurance Network.
– for making this important discussion possible.