InsuResilience Partnership Forum

Organiser: InsuResilience Secretariat

Role for MCII: Session Organiser

Summary Description:

Properly designed risk transfer insurance solutions, embedded into comprehensive risk management frameworks, can play an important role in supporting people and countries in increasing their resilience. However, poorly designed and/or implemented climate insurance may reduce incentives for risk reduction thus increasing moral hazard and potentially lowering resilience. Products therefore need continuous evaluation based on appropriate resilience indicators. So far, evidence on the impact of climate risk insurance products on vulnerable populations is limited to experimental settings, and existing analysis often lacks a resilience lens. The workshop will discuss conceptual gaps, innovative frameworks for resilience measurement in the context of insurance, as well as potentials for collaboration regarding impact evaluations of insurance schemes.

Panel Speakers:

  • Craig Churchill (ILO Impact Insurance Facility): Moderation and introduction to the session.
  • Andrew Mude (ILRI, on IBLI Project): Experimental settings – methodological breakthroughs in CRI impact evaluation? What can be done in a controlled setting? What were challenges faced?
  • Fabio Bedini (WFP, on R4 Project): Challenge of evaluating insurance in a bundled intervention?
  • Ulrich Hess (GIZ, on Zambia Case Study): How to conduct high-quality impact evaluation in a business context? Are RCTs feasible or is it preferred to make use of quasi-experimental?
  • Abbie Clare (London School of Economics): How can we improve traditional impact evaluations? How would you best measure impacts on people’s resilience? The subjective component

*Please note this event is closed and attendance is by invite only*

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