Microinsurance Network

What Microinsurance Network does

Microinsurance Network (MiN) is a Luxembourg-registered non-profit association (association sans but lucratif) that operates as a multi-stakeholder convening and knowledge-sharing platform for the inclusive insurance sector. Founded in 2002 as the CGAP Working Group on Microinsurance, it became an independent entity in 2012 under successive framework agreements with the Government of Luxembourg, administered through the Ministry of Foreign and European Affairs and the Ministry of Finance. Its membership comprises over 500 institutional and individual members — insurers, reinsurers, regulators, development organizations, and academics — drawn from more than 70 countries.

MiN's product surface is built around four pillars: the Landscape of Microinsurance, an annual flagship research publication benchmarking inclusive-insurance uptake across 30+ countries; four thematic Best Practice Groups (Insurance for MSMEs, Smallholder Farmer Resilience, Health Outcomes, and Gender & Inclusive Insurance); the International Conference on Inclusive Insurance (ICII), which convenes roughly 1,000 experts annually; and a curated Training Resources library distributed via partnerships with institutions such as Frankfurt School of Finance & Management, ILO's Impact Insurance Facility, and the MicroInsurance Academy. A member portal at app.microinsurancenetwork.org provides digital access to resources and event registration. There is no proprietary AI/ML or SaaS platform; the underlying "technology" is the network itself, its research database, and its convening infrastructure.

MiN's business model is membership-fee and grant-funded rather than commercial. Revenue streams comprise annual membership fees (capped at 10,000 EUR per member and set by the Board of Directors), core funding from the Government of Luxembourg, and donations, grants, and sponsorships from development finance institutions (AFD), reinsurance foundations (Munich Re Foundation, Swiss Re Foundation), multilaterals (UNDP), and commercial insurers and brokers (AXA, AM Best, Aon, Barents Re). The organization is governed by a Board elected by institutional members and operates a small Secretariat (1-10 employees) led by Executive Director Matthew Genazzini, with regional coordinators across Francophone Africa, Latin America and the Caribbean, and Asia.

Name

Microinsurance Network

Legal name

MICROINSURANCE NETWORK Asbl

Website

https://microinsurancenetwork.org

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

1–10 employees

Short description

The Microinsurance Network is a Luxembourg-based non-profit association convening over 500 members from 70+ countries to advance inclusive insurance for low-income populations through research (Landscape of Microinsurance), Best Practice Groups, the annual ICII conference, and training resources.

Ownership category

akta.pro rank

Product category

Inclusive Insurance Industry Association Services

akta.pro primary industry

Microfinance, Financial Inclusion & Inclusive Markets (BPAGABAM)

Keywords

• Inclusive insurance networks
• Microinsurance research
• Financial inclusion
• Insurance capacity building
• Emerging market insurance

Headquarters

HQ city

Luxembourg

HQ country

Luxembourg

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Membership fees: The association generates revenue through annual membership fees from institutional and individual members. The membership annual fee is set by the Board of Directors and approved by the General Assembly and cannot exceed 10,000 euros.
2. Government grants and core funding: The Government of Luxembourg provides core funding through successive framework agreements via the Ministry of Foreign and European Affairs and Ministry of Finance since the organization became independent in 2012.
3. Donations and grants: The association receives donations, collections, specific appeals, grants, legacy, and sponsorship as part of its resource base.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Microinsurance Network is a non-profit membership association that operates a global multi-stakeholder platform for the inclusive insurance sector, representing more than 500 experts and practitioners from over 70 countries. Its core offerings are the Landscape of Microinsurance annual benchmarking research publication, four thematic Best Practice Groups, the annual International Conference on Inclusive Insurance (ICII), curated training resources, a Member Directory, and a Member Portal providing access to exclusive content and events. The organization generates revenue through institutional and individual membership fees, Government of Luxembourg core funding, grants, and sponsorships.

Product overview

The Microinsurance Network is a non-profit multi-stakeholder association (not a software product company) that serves as a convening and knowledge-sharing platform for the inclusive insurance sector. Its core offerings consist of: the Landscape of Microinsurance (annual research publication tracking market data across 37 countries); a Member Directory connecting over 500 experts from 70+ countries; four Best Practice Groups (BPGs) on topics including MSMEs, smallholder farmers, health outcomes, and gender-inclusive insurance; the International Conference on Inclusive Insurance (ICII); and a curated Training Resources library. The organization also provides a Member Portal for access to exclusive content and event registration. Rather than a unified software platform, the MiN operates as a network facilitator providing publications, convening events, and coordinating collaborative working groups.

Differentiator

Problem solved

Functional benefit

Products and services

• Landscape of Microinsurance Annual research publication providing unique benchmarking data that tracks uptake of inclusive insurance products and services across 37 countries, documenting 344 million people covered and USD 6.2 billion in gross written premiums (2023). Available in multiple languages (English, Spanish, French, Arabic). Designed for insurance providers, reinsurers, distribution channels, technology providers, and development organizations.
• Best Practice Groups (BPGs) Four thematic collaborative working groups designed to support peer learning and knowledge sharing among institutional and individual members: Insurance for MSMEs, Building resilience of smallholder farmers, Improving health outcomes, and Gender and inclusive insurance. Each group is led by industry experts and coordinated by network staff.
• International Conference on Inclusive Insurance (ICII) Annual flagship conference organized to convene insurance providers, reinsurers, regulators, multilateral agencies, and development partners to discuss inclusive insurance growth in emerging markets. The 2026 edition will be held in Kigali, Rwanda (19-23 October 2026).
• Member Directory Online directory listing institutional and individual members, representing a global community of over 500 experts and practitioners from more than 70 countries across insurance, reinsurance, distribution, technology, and development sectors.
• Member Portal Self-serve online platform that supports membership applications, event registration, newsletter subscription, and access to exclusive member resources. Designed for organizations and individuals engaging with Microinsurance Network's knowledge and convening activities.
• Training Resources Library Curated training resource catalogue aggregating inclusive insurance and microinsurance courses from partner institutions including Frankfurt School of Finance & Management (Certified Expert Courses), ILO's Impact Insurance Facility, World Bank's Open Learning Campus, MicroInsurance Academy (Online Courses), and Microinsurance Master.

Quantifiable outcome

• 344 million people covered by inclusive insurance products in 37 countries
• +2 more outcomes

Named customers5 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

32 partnerships are on record, tiered core, major, regional and minor.

• Ministry of Finance and Economic Planning (MINECOFIN) RwandacoreStrategic or Co-development Partner · 1 January 2026Host of the International Conference on Inclusive Insurance 2026 (ICII 2026) in Kigali, Rwanda. This is a key government partner for the flagship annual conference.
• National Bank of Rwanda (NBR)coreStrategic or Co-development Partner · 1 January 2026Host of ICII 2026 in cooperation with the Microinsurance Network. The central bank regulator is a key partner for regulatory engagement.
• Access to Finance Rwanda (AFR)coreStrategic or Co-development Partner · 1 January 2026A key local partner in Rwanda for ICII 2026, working to improve access to finance including insurance in the Rwandan market.
• Rwanda Insurers Association (ASSAR)majorStrategic or Co-development Partner · 1 January 2026National insurance association partner for ICII 2026, representing insurers in Rwanda.
• Rwanda Insurance Brokers Association (RIBA)majorStrategic or Co-development Partner · 1 January 2026National insurance brokers association partner for ICII 2026.
• Financial Policy and Regulation Board (JPRF) EcuadorcoreStrategic or Co-development Partner · 1 January 2024Organized the launch of Ecuador's new microinsurance regulation in collaboration with UNDP, marking a key regulatory milestone for inclusive insurance in Latin America.
• FASECOLDA (Federación de Aseguradores Colombianos)coreStrategic or Co-development Partner · 1 January 2024Colombian insurance federation that collaborates with the Microinsurance Network on Latin America regionalization, sharing experience in implementing inclusive insurance and ESG alignment.
• FIDES (Federación Interamericana de Empresas de Seguros)coreStrategic or Co-development Partner · 1 January 2024Pan-American insurance federation and regionalization partner for Latin America and Caribbean, with Francisco Astelarra serving as Secretary-General and former Board member.
• Government of LuxembourgcoreStrategic or Co-development Partner · 1 January 2012Through the Ministry of Foreign and European Affairs – Directorate for Development Cooperation and Humanitarian Affairs and the Ministry of Finance, the Government of Luxembourg has provided core funding since the organization's inception as an independent non-profit organisation in 2012 through successive framework agreements. This represents the organization's primary financial support.
• Munich Re FoundationcoreStrategic or Co-development PartnerMunich Re Foundation cooperates with the Microinsurance Network on the International Conference on Inclusive Insurance (ICII) and is a key strategic partner in the inclusive insurance space. The foundation works on strengthening resilience of vulnerable populations through affordable inclusive insurance.
• Agence Française de Développement (AFD)majorStrategic or Co-development PartnerAFD is a French development finance institution that partners with the Microinsurance Network on joint programmes and provides development funding support.
• Swiss Re FoundationmajorStrategic or Co-development PartnerSwiss Re Foundation supports the network's mission to reduce vulnerability of low- and middle-income people through insurance and disaster risk management initiatives.
• UNDPcoreStrategic or Co-development PartnerThe United Nations Development Programme collaborates with the Microinsurance Network on inclusive insurance initiatives, including the Insurance and Risk Finance Facility (IRFF) and joint country-level programs.
• Insurance Development Forum (IDF)coreStrategic or Co-development PartnerThe Insurance Development Forum is a strategic partner where Pedro Pinheiro coordinates Inclusive Insurance and Sovereign & Humanitarian Solutions Working Groups on behalf of the Microinsurance Network.
• Global Shield Against Climate RisksmajorStrategic or Co-development PartnerThe Microinsurance Network engages with this initiative led by Pedro Pinheiro, contributing to partner-led country-level engagement across more than 20 markets to address climate risks through insurance.
• AM BestmajorGTM or Marketing PartnerAM Best, a rating agency specializing in insurance, is a partner and sponsor. Andrea Keenan, Executive Vice President and Chief Strategy Officer at AM Best, serves on the Board of Directors.
• AXAmajorStrategic or Co-development PartnerAXA is a partner and sponsor. Laura Rosado, responsible for strategy and performance for AXA's emerging clients, serves as Acting Chair of the Board of Directors.
• AonmajorGTM or Marketing PartnerAon is a professional services firm and partner/sponsor of the Microinsurance Network, providing expertise in insurance and reinsurance brokerage.
• Barents RemajorGTM or Marketing PartnerBarents Re is a reinsurance company and partner/sponsor. Carlos Boelsterli, who leads MiCRO at Barents Re, serves as Acting Vice-Chair of the Board.
• UNEP/PSImajorStrategic or Co-development PartnerThe United Nations Environment Programme Finance Initiative's Principles for Sustainable Insurance are partnered with the network to advance sustainable insurance practices.
• Insurance Federation of EgyptregionalStrategic or Co-development PartnerA regional partner representing the insurance industry in Egypt and supporting inclusive insurance development in the MENA region.
• GPFImajorStrategic or Co-development PartnerThe Global Partnership for Financial Inclusion is a partner working on financial inclusion policy and implementation.
• Nairobi Declaration on Sustainable InsuranceregionalStrategic or Co-development PartnerA partner initiative working on sustainable insurance principles, particularly relevant for African markets.
• European Microfinance Platform (e-MFP)minorStrategic or Co-development PartnerA European network of microfinance stakeholders that collaborates with the Microinsurance Network on shared objectives in financial inclusion.
• InFiNeminorStrategic or Co-development PartnerInFiNe is the Luxembourg Inclusive Finance Network, a local partner supporting inclusive finance initiatives.
• UNDP Insurance and Risk Finance Facility (IRFF)coreStrategic or Co-development PartnerLaunched the Microinsurance Innovation Challenge in Ecuador and collaborates on inclusive insurance initiatives across Latin America and Caribbean.
• CGAPcoreStrategic or Co-development PartnerThe Consultative Group to Assist the Poor is led by Antonique Koning who serves on the Microinsurance Network Board. CGAP leads work on Women's Economic Empowerment through financial inclusion and manages the Access to Insurance Initiative (A2ii).
• Frankfurt School of Finance & ManagementmajorStrategic or Co-development PartnerProvides Certified Expert Courses on inclusive insurance/microinsurance that the Microinsurance Network promotes to its members.
• ILO's Impact Insurance FacilitycoreStrategic or Co-development PartnerProvides training modules and the Impact Insurance Academy program that the network facilitates access to. Also a regionalization partner for LAC through peer learning and knowledge generation workshops.
• Women's World BankingmajorStrategic or Co-development PartnerPartners with the network on the Gender & Inclusive Insurance Best Practice Group, with Angela Wambugu serving as Chair. Also provides the Leadership & Diversity Program for Regulators.
• MicroInsurance Academy (MIA)majorStrategic or Co-development PartnerProvides MIA Online Courses in Microinsurance through The Infinite Actuary, promoted by the network.
• Microinsurance MastermajorStrategic or Co-development PartnerFounded by Bert Opdebeeck, former Board member, provides microinsurance training programs promoted by the network.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• CGAP (Consultative Group to Assist the Poor): CGAP is the leading global multi-stakeholder partnership dedicated to advancing financial inclusion for poor people, and is explicitly linked to MiN via shared Board representation (Antonique Koning) and aligned mission. Both organisations convene donors, regulators, and providers to expand access to financial services including insurance.
• UNDP Insurance and Risk Finance Facility (IRFF): UNDP IRFF is a core strategic partner of MiN, co-launching programmes such as the Microinsurance Innovation Challenge in Ecuador. Both organisations focus on building insurance capacity in vulnerable markets through donor-funded programmes, with overlapping donor and regulator networks.
• Cenfri: Cenfri is a South Africa-based inclusive finance and insurance think tank whose Managing Director (Doubell Chamberlain) is a former MiN Board Chair. Both organisations produce primary research on inclusive financial services and convene stakeholders across Africa and emerging markets.
• A2ii (Access to Insurance Initiative): A2ii is a global partnership hosted by IAIS focused on insurance supervisors and financial inclusion, operating in a closely overlapping ecosystem of donors, regulators, and inclusive insurance providers. It is managed under CGAP, with which MiN shares board and partnership links.
• European Microfinance Platform (e-MFP): e-MFP is a European network of microfinance stakeholders that shares MiN's convening, research, and advocacy model but with a broader microfinance remit beyond insurance. MiN lists e-MFP as a partner for shared objectives in financial inclusion.
• MicroInsurance Academy: The MicroInsurance Academy is a research and training institution focused on microinsurance in developing countries, providing training programmes (MIA Online Courses) that MiN actively promotes to its members. It operates in a directly overlapping mission and constituency.
• ILO's Impact Insurance Facility: The ILO Impact Insurance Facility is one of MiN's closest peers in the inclusive insurance space, providing research, training, and peer-learning programmes targeting insurers serving low-income populations. MiN directly facilitates member access to ILO Academy modules and is a regionalisation partner in Latin America.

Emerging players

• Women's World Banking: Women's World Banking is a non-profit focused on women's financial inclusion; it partners with MiN on the Gender & Inclusive Insurance Best Practice Group and provides the Leadership & Diversity Program for Regulators. It is a thematic peer with partial overlap on insurance.

Broad incumbents

• Insurance Development Forum (IDF): IDF is a public-private partnership of insurers, reinsurers, and international organisations focused on using insurance to build resilience. MiN staff coordinate Inclusive Insurance and Sovereign & Humanitarian Solutions Working Groups within IDF, positioning it as both a partner and broader-incumbent peer.
• Munich Re Foundation: Munich Re Foundation is a strategic partner of MiN and co-organiser of ICII, with a shared mission of strengthening resilience of vulnerable populations through affordable inclusive insurance. As a foundation backed by a major global reinsurer, it is a broader incumbent in the same ecosystem.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/networkflash
• Facebookfacebook.com/174314355959894

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Microinsurance Network