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The Microinsurance Centre was created in 2000 by Michael J. McCord. It is as an independent institution dedicated to promoting responsible microinsurance, with their focus on the partner-agent model. The partner-agent model links microinsurance schemes (hosted primarily by MFIs) to established commercial insurance companies. This link allows the risk of the schemes to remain with the insurer, and thereby can enable greater sustainability and long-term viability.
The Microinsurance Centre works on two fronts, helping to establish proper dialogue on micro-insurance policies and helping to set up proper microinsurance schemes. It has a wide range of partners that it works with, including insurers, regulators, donors, MFIs, and NGOs. It has played a role in projects in numerous countries that include Uganda, Kenya, Ghana, India, Nepal, Jordan, Peru, Laos, and Indonesia. It is also actively involved in disseminating information on micro-insurance through its periodic Briefing Notes, web site, and speaking engagements. In addition, it has conducted several country case studies and held trainings in Italy, Uganda, and Pakistan.
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