Building Resilience with Parametric Insurance in PNG
Women’s Micro Bank is proud to partner with the United Nations Capital Development Fund (UNCDF) and UNCDF Pacific to promote Parametric Insurance. A meaningful tool to protect our people from climate shocks and natural disasters. Together, we’re spreading awareness nationwide to support resilient communities and a more sustainable economy.
Parametric Insurance is an innovative solution that provides quick and transparent payouts after climate-related events like Drought, Heavy rainfall, Cyclones, Earthquakes.
Through this partnership, we are actively engaging communities, training local teams and building awareness to ensure the informal sector, women and their families, farmers, and small businesses are better protected. Together, we’re laying the groundwork for a resilient and sustainable economy, one community at a time.
Together with Pacific MMI Insurance Limited, WRMS Global, and Pacific Reinsurance Ltd, we are working in PNG to expand access to affordable insurance solutions across PNG.