Tuesday, December 11, 2012

India is the world leader in micro insurance: World Bank

India is the world leader in micro-insurance and regulating it from its budding stages and revamping its regulations are a must, said a World Bank expert.

Moseleddin Ahmed, World Bank Consultant on Micro Health Insurance and Regulations, at a function held in Madurai said, “People need to be sensitized to the facility in order to alleviate poverty." The occasion was a workshop on International Advanced Reflective Education on Training on Micro Insurance organised by Dhan Foundation along with German Development Cooperation (GIZ) in the city.

The three-day course is being attended by officials from various insurance companies, both public sector and private, NGOs, community organisations, farmers' federations and women self help groups. Experts from the Netherlands like Ryan Florijn, senior executive, Achmea Health Insurance, Karlijn Morsink from the University of Twente were also present on the occasion.

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