The acquisition of MiCRO reflects Howden’s commitment to invest in positive social change and protect low-income and vulnerable populations against climate related disasters around the world. MiCRO launched as an index-based and parametric insurance company established in Barbados and founded by Fonkoze and Mercy Corps, back in 2010 in the wake of the devastating Haiti earthquake of 2010. Donor capitalised …

On Tuesday, August 23rd 2022, the Digital Seminar on Sustainable Finance and Resilience to Climate Change, organized by the Confederation of Savings and Loan Cooperatives of Mexico (CONCAMEX), the Microinsurance Catastrophe Risk Organization (MiCRO) and Aarón Silva y Asociados, S.C., was held for the Mexican savings and credit cooperative sector, with the participation of national and international experts from organizations, entities …

After successfully securing regulatory approval and launching pilot programs in Guatemala and El Salvador, the Microinsurance Catastrophe Risk Organization (MiCRO) will expand activities to three additional countries in the next two years. The first expansion country is Colombia where MiCRO, in a joint effort with SBS Seguros Colombia, an insurance company, designed and launched an innovative natural catastrophe insurance product specifically designed …

The Microinsurance Catastrophe Risk Organisation (MiCRO), a reinsurance company incorporated in Barbados, has announced the launch of Produce Seguro in El Salvador, an index-based insurance product that protects low-income families against natural disasters. “After having launched a similar product in Guatemala last year, this product launch in El Salvador shows that MiCRO’s solution, the first one offering protection against natural …

MiCRO has been recognized for its innovative use of technology to expand insurability boundaries and protect low-income families against serious financial loss caused by natural disasters The Microinsurance Catastrophe Risk Organization (MiCRO), was rewarded for using technology to grant access to appealing and affordable protection to underserved, vulnerable and low-income segments of the population. This index-based product piloted in Guatemala …