CEET Event_Image Website
© Munich Re Foundation

Inclusive Insurance in the Central and Eastern Europe and the Transcaucasian (CEET) region - Challenges and Potential Opportunities

1-2 September 2021 – Digital Edition

Hosted by 
Access to affordable insurance plays an important role in sustainable economic development. There is a need for all stakeholders to work together in addressing the insurance protection gap in the region. The significant uninsured exposure to national catastrophes remains a particular challenge facing climate change. Policymakers need to align their disaster prevention and relief efforts with additional risk management tools such as insurance to facilitate market development.
Representatives from supervisory authorities, the industry and stakeholders involved in inclusive insurance are invited to discuss how new business models and supervisory approaches could help increase the very low insurance penetration rates currently seen across the Central and Eastern Europe and the Transcaucasian (CEET) region*.
Conference language: English

Agenda - 1 September 2021

Time below refers to CEST / UTC+2.
Click on each session for session details and speakers.

Gorazd Čibej
IAIS regional coordinator for the CEET Region and Managing Director at the Insurance Supervision Agency, AZN, Slowenia

Hannah Grant
Head of the Secretariat, A2ii, Germany

Dirk Reinhard
Vice Chair, Munich Re Foundation, Germany

Access to affordable insurance plays an important role in sustainable economic development. The significant uninsured exposure raises concerns and the need for all stakeholders to work together in narrowing the insurance protection gap in the CEET region. The first session will explore the perspective of inclusive insurance market development for the region, with special focus on the role of policy actions and insurance regulation.

 

Introduction: The fundamentals of Inclusive insurance

(TBC)
 

Landscape of inclusive insurance in the CEET region

Gorazd Čibej
IAIS regional coordinator for the CEET Region and Managing Director at the Insurance Supervision Agency, AZN, Slowenia

Klime Poposki
Associate Professor, University of St. Kliment Ohridski, N. Macedonia


Case study from the region: why is inclusive insurance relevant for our country/region?

Mimoza Kaçi
Deputy Executive Director, Albanian Financial Supervisory Authority, Albania


The Future of the inclusive insurance – the industry perspective

Sergej Simoniti
President of the Board of Directors, Coface PKZ zavarovalnica d.d., Slovenia.

 

Facilitator 

Gorazd Čibej
IAIS regional coordinator for the CEET Region and Managing Director at the Insurance Supervision Agency, AZN, Slowenia

The session will discuss different climate risk and agricultural solutions as well as challenges and barriers for the development of climate risk and agricultural solutions in the region. What needs to be done to overcome those challenges and barriers? What role does technology play? What is the role of the government as well as other stakeholders? Panelists will present lessons learnt from Azerbaijan, Georgia, Kosovo, N. Macedonia, Serbia and Ukraine

 

Speakers

Nadica Jovanovska Boshkovska
Europe Re, Head of Representative Office N. Macedonia

Devi Khechinashvili
Chairman, Georgian Insurers Association, Georgia

Andriy Zaripov
Agriculture Insurance and Agriculture Finance Expert, IFC, Ukraine

 

Facilitator

Dirk Reinhard
Vice Chair, Munich Re Foundation, Germany

Agenda - 2 September 2021

In this session, panelists will discuss how digitalization, use of mobile/smart phones and emerging digital insurance models have helped enhance greater insurance inclusion in emerging markets. Following an overview of the current status of use of digital business models and trends in digital insurance in the CEET region, practitioners working globally on designing and implementing digital insurance solutions for the low-income and agricultural sector will share their experiences with the audience. In addition, it will be highlighted how regulatory frameworks can help digitization of insurance services and how regulators can encourage digitization of insurance in their jurisdictions. 

 

Speakers

Alexandru Ciuncan
General Director, National Association of Insurance and Reinsurance Companies, Romania

Richard Leftly
Executive Vice President, Microinsurance Company, United Kingdom

Rose Goslinga
Co-CEO and Co-Founder of PULA, Kenya

Farzana Badat
Senior Policy Advisor, International Association of Insurance Supervisors (IAIS), Switzerland

 

Facilitator

Manoj Pandey
Advisor,  Access to Insurance Initiative A2ii, Germany

Understanding – and meeting – the needs of customers lie at the heart of every successful effort to reach scale in emerging insurance markets. In this session, we provide an overview of customers in the CEET region before exploring best practice examples that support uptake.

Hosted by MiN

Speakers

Monnida Musicabud
Regional Head of Emerging Customers, Asia, AXA (TBC)

Nataliya Todorova
Global Head of Insurance, Save the Children International (TBC)

George Maher
Plain English Campaign (TBC)


Facilitator
(TBC)

Klime Poposki
Associate Professor, University of St. Kliment Ohridski, N. Macedonia

…………………………………………………………………………………………………......................................................................

*CEET region: Albania, Armenia, Azerbaijan, Belarus, Bulgaria, Czech Republic, Montenegro, Estonia, Georgia, Croatia, Israel, Kazakhstan, Kosovo, Latvia, Lithuania, North Macedonia, Hungary, Poland, Romania, Russia, Serbia, Slovakia, Turkey, Uzbekistan, Slovenia

 

About the event

The 1st Regional Conference on Inclusive Insurance in the CEET region will conducted virtually and hosted by the Munich Re Foundation, Access to Insurance Initiative (a2ii), International Association of Insurance Supervisors (IAIS) and the Insurance Supervisory Agency of Slovenia (AZN).