Objective:

The objective of the "Capacity Development for the Micro-insurance Market' Project (the Project) is to enhance risk-management capacity of the poor and socially vulnerable people and women by developing a feasible micro-insurance system in Mongolia. The Project consists of the following four major components: (1) designing and piloting micro-insurance products specifically targeting the daily risks of the poor and socially vulnerable people and women, (2) capacity development of insurance providers to handle the micro-insurance products, (3) capacity development to the Financial Regulatory Commission, and (4) awareness raising of the general public on micro-insurance.

Project Outputs:

1. Enhanced risk-management capacity of the poor and vulnerable people and women in the project pilot sites
2. Enhanced technical capacity of insurance providers to offer insurance services affordable and accessible for the poor and vulnerable people and women
3. Improved policy and regulatory frameworks on micro-insurance
4. Increased public awareness and knowledge on micro-insurance

Procurements & Recruitments:

1. Product design of the health micro-insurance
2. Product design of the property micro-insurance