Manoj Pandey_A2ii

Advisor @ #inclusiveinsurance #gender #insurtech #climatechange

[Manoj Pandey_A2ii @A2iiManoj]

@DunjaLatinovic @katherinesmiles @a2ii_org @Unrollme

[Manoj Pandey_A2ii @A2iiManoj]

@DunjaLatinovic @katherinesmiles @a2ii_org For example, in 2020, the Reserve Bank of #Fiji introduced a requirement for #sexdisaggregated data. For more, see p. 23-24 of the report here: https://t.co/eajOnVCWhQ 3/3 #a2iiTwitterview

[Manoj Pandey_A2ii @A2iiManoj]

@katherinesmiles @a2ii_org ...be it regulations, representation in the insurance industry, in insurance solutions and their processes, or through sales and distribution approaches. #a2iiTwitterview #inclusiveinsurance 2/2

[Manoj Pandey_A2ii @A2iiManoj]

@katherinesmiles @a2ii_org Mainstreaming gender in #inclusiveinsurance needs a leg up from the regulators - to champion the idea that #gender/#women-centric solutions need not be a siloed, specialised effort but has to be integrated in all aspects. #a2iiTwitterview 1/2

[Manoj Pandey_A2ii @A2iiManoj]

@katherinesmiles @a2ii_org Approaches for assessing risk & implementing customer due diligence requirements during onboarding can affect women's #accesstoinsurance. Supervisors can integrate #genderconsiderations into #AMLCFT risk assessments & in each step of the #CDD process. #a2iiTwitterview

[Manoj Pandey_A2ii @A2iiManoj]

@katherinesmiles @a2ii_org @IFC_org @IFC_SouthAsia @AXAMansard #Nigeria's #SHERO initiative, Vimo SEWA in India @SewaVimo, and @womensworldbnkg's caregiver #microinsurance solutions are good examples of #insuranceproducts for #women. #financialinclusion #inclusiveinsurance #a2iiTwitterview

[Manoj Pandey_A2ii @A2iiManoj]

@katherinesmiles @a2ii_org Consider women-specific needs (health, life cycle risks, etc.) when designing products. As well, social & cultural norms limit sales touch points that women can access - more gender-aware sales & marketing approaches would enable more women to access insurance. #a2iiTwitterview

[Manoj Pandey_A2ii @A2iiManoj]

@katherinesmiles @a2ii_org #Regulators should appreciate that women access information differently, mostly through other women or with touch points that they trust over time. Such insights can help them to encourage the industry to develop women-friendly sales and servicing touch points. #a2iiTwitterview

[Manoj Pandey_A2ii @A2iiManoj]

@DunjaLatinovic @katherinesmiles @a2ii_org Being gender-centric means being conscious of how the regulations, the products and distribution touchpoints impact men and women differently and then adapting our responses so that women, owing their socio-economic constraints aren't left behind or underserved. #a2iiTwitterview

[Manoj Pandey_A2ii @A2iiManoj]

@katherinesmiles @a2ii_org ...increased, & they lost almost all access to financial info such as #SHG meetings, engagements with #MFI loan officers, etc. It's a safe assumption that women's #accesstoinsurance has been negatively impacted due to less income & less access to information. #a2iiTwitterview 2/2

[Manoj Pandey_A2ii @A2iiManoj]

@katherinesmiles @a2ii_org There aren't many studies on the #pandemic impact on women's #accesstoinsurance, but there are some, especially from #emergingmarkets, which show #women (mainly #informalsector employed) lost their jobs & incomes, while care-giving & household burdens... #a2iiTwitterview 1/2

[Manoj Pandey_A2ii @A2iiManoj]

@a2ii_org You can't manage what you don't measure! We need #data led insights on whether #women are being served well by existing #insurancesolutions - are gender-specific risks being addressed? Where are the gaps? Until we know, we can't start addressing these issues. #a2iiTwitterview

[Manoj Pandey_A2ii @A2iiManoj]

@katherinesmiles @a2ii_org Unfortunately, not enough data exists to reliably inform of the true status of women's #accesstoinsurance in #EMDE. The few available indicate women are underserved by the insurance sector, reflecting the wider context of the #financialinclusion #gendergap. #a2iiTwitterview

[Manoj Pandey_A2ii @A2iiManoj]

@katherinesmiles @a2ii_org ...Hence, there is a need to act now and be more #gender-centric when we design the next #inclusiveinsurance solutions. #a2iiTwitterview #a2iigender 2/2

[Manoj Pandey_A2ii @A2iiManoj]

@katherinesmiles @a2ii_org Women experience a persistent financial access gap of 7-11 % worldwide (see p. 6: https://t.co/eajOnVCWhQ). The #digitalaccess gap is even larger. With #inclusivefinance and #insurance substantially going digital, this gap may become insurmountable... #a2iiTwitterview 1/2

[Manoj Pandey_A2ii @A2iiManoj]

@katherinesmiles @a2ii_org We analyse challenges that are hindering women's access to insurance and explore regulatory and supervisory approaches can be taken to facilitate women's access to #inclusiveinsurance and hence, improve their #financialresilience and advance #genderequality. #a2iiTwitterview

[Anastasia Thomaides @athomaides1]

'Rural women are the best drivers for climate justice' as expressed by Ms Tariro Chiperera at the launch of @ARCapacity #Gender & #DRM platform.

[Manoj Pandey_A2ii @A2iiManoj]

@IFAD Majority of humanity!