http://www.nextbillion.net/newsroom/2007/12/20/ilo-and-gates-foundation-announce-microinsurance-initiative Comments for "ILO and Gates Foundation Announce Microinsurance Initiative" en http://www.nextbillion.net/newsroom/2007/12/20/ilo-and-gates-foundation-announce-microinsurance-initiative <div class="flexinode-body flexinode-4"><span class="flexinode-timestamp-13"> December 6, 2007 - 08:00, </span> <span class="flexinode-textfield-14"> Press Release</span> <div class="flexinode-textfield-15"> ILO and Gates foundation join forces to develop range of insurance products in developing countries</div><br> <div class="form-item"> <label>Story Link:</label> <a href="http://www.ilo.org/global/About_the_ILO/Media_and_public_information/Press_releases/lang--en/WCMS_088398/index.htm">http://www.ilo.org/global/About_the_ILO/Media_and_public_information/Press_releases/lang--en/WCMS_088398/index.htm</a> </div> <div class="flexinode--41"> <strong>Teaser: </strong><br /> The International Labour Organization (ILO) today announced a partnership with the Bill and Melinda Gates Foundation that aims to develop new kinds of insurance and improve existing products to promote decent work for tens of millions of low-income people in the developing world.<br /> <br /> The US $34 million Gates Foundation grant will help create the Microinsurance Innovation Facility, a one-of-a-kind, five-year initiative that will provide grants and technical assistance to dozens of organizations serving the poor.<br class="clear" /></div> <div class="flexinode-textarea-6"> The International Labour Organization (ILO) today announced a partnership with the Bill and Melinda Gates Foundation that aims to develop new kinds of insurance and improve existing products to promote decent work for tens of millions of low-income people in the developing world.<br /><br />The US $34 million Gates Foundation grant will help create the Microinsurance Innovation Facility, a one-of-a-kind, five-year initiative that will provide grants and technical assistance to dozens of organizations serving the poor. Over the course of the next three years, the facility will issue bi-annual requests for proposals and provide funding to pilot new insurance products, improve efficiency in the field, and use technology to create new products that better meet people’s needs. The facility will also train technical specialists to help replicate successful models.<br class="clear" /></div> </div> http://www.nextbillion.net/newsroom/2007/12/20/ilo-and-gates-foundation-announce-microinsurance-initiative#comment Insurance Thu, 20 Dec 2007 08:09:23 -0500 Rob Katz 4978 at http://www.nextbillion.net