“Financial health and the ability to manage risks are deeply interconnected. When people can access insurance that is genuinely designed for their lives that’s affordable, understandable and trustworthy, it changes not just how they recover from a single shock, but how they plan, invest and build over time. Yet across the world, for many households, that protection simply does not exist.”
The Insurance 4ALL high-level event in May this year prompted discussions on financial health and protection gaps in both mature and emerging markets.
Moderating the Opening Fireside Chat – Resilience, Insurance and Financial Health – IDF Change Agent Ekhosuehi Iyahen, Secretary General, Insurance Development Forum, joined speakers H.M. Queen Máxima of the Netherlands, UN Secretary-General’s Special Advocate for Financial Health, and Guillaume Borie, Global Head of Finance, Strategy, Underwriting, Risk and Technology, AXA Group, to help shape these conversations.
While many issues were brought to light – in the form of technical ability, affordability, relevance, trust, and distribution – there was hope. And that was in the power of partnerships, of learning and best practice, and of innovation.
Convened by CGAP and AXA, this inclusive insurance-dedicated event scaled conversations on how industry can help markets better manage risk, build resilience, and recover from financial shocks.
It is these conversions that help build Future-Ready Nations.