From November 2022 to July 2024, the MicroInsurance Centre at Milliman (MIC@M) implemented a multi-country assignment for UNDP’s Insurance and Risk Finance Facility (IRFF), delivering country diagnostic studies on inclusive insurance and disaster risk financing across Comoros, Dominican Republic, Ecuador, Egypt, Ethiopia, Madagascar, Mozambique, Nepal, Senegal, and Uganda. The project aimed to provide high-level, country-specific assessments of the current state of inclusive insurance and disaster risk financing markets in order to inform UNDP IRFF work planning and support broader sector initiatives. Across the 10 countries, the team examined market supply and demand, the enabling environment, and the wider disaster risk context to identify the main barriers, needs, opportunities, and priority stakeholders shaping each market.
The MIC@M carried out the assignment in full by combining extensive secondary research with in-country stakeholder engagement to ensure robust and actionable findings. The team conducted 20–30 key informant interviews in each country with representatives from government, the private sector, and civil society, and facilitated two stakeholder workshops per country to validate findings and build alignment around recommendations. These inputs were synthesized into detailed diagnostic reports for UNDP and key partners, alongside shorter public-facing summaries, each including practical recommendations and roadmaps for sector development. The assignment also involved coordinating multiple subcontractors working in parallel across countries while maintaining consistency in quality, methodology, and reporting.
In addition to these full diagnostic studies, the MIC@M developed summary reports from diagnostic studies already conducted in 15 other countries, including Algeria, Argentina, Bangladesh, Colombia, Ghana, India, Indonesia, Jordan, Mexico, Nigeria, Pakistan, Tanzania, Thailand, Uzbekistan and Viet Nam.