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Rapid prototyping for inclusive insurance: Testing customer challenges and gaining early insights on feasibility
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Publication date
30/06/2021
Number of Pages
8
Language:
English
Type of Publication:
Working Papers & Briefs
Focus Region:
Global
Focus Topic:
Rural Finance / Insurance
Type of Risk Managment Option:
Risk transfer
Author
Queenie Chow, Katie Biese, Mariah Mateo Sarpong - INSURED Team
Organization
Insurance for Rural Resilience and Economic Development
ABSTRACT
Smallholder farmers urgently need to build their resilience in the face of climate change and other threats. Inclusive insurance can play an important role. Rapid prototyping is a key step in the development of inclusive insurance schemes, to ensure that they meet the needs of customers. This guide is part of the Insurance Toolkit and explains how to prototype with target clients.