Serinsa - a rising star of Microinsurance
Servicios Inclusivos S.A (SERINSA) is a social venture initiated by REDCAMIF (the regional network of MFIs in Central America and Caribbean) in 2016 to provide a technical support for the promotion of microinsurance in the region. At the moment SERINSA works with 11 MFIs in Nicaragua, Honduras and El Salvador. In 2018, 58.000 people have accessed microinsurance services in the countries previously mentioned.
In 2018, SERINSA requested technical assistance from ADA and BRS to strengthen the provision of inclusive and responsible microinsurance in Central America and Caribbean. One of the challenges tackled in this alliance was the identification of financial and social indicators relevant to SERINSA and based on the Key Performance Indicators for Microinsurance developed by MICROFACT. These indicators enable SERINSA to measure, amongst other things, the value of the product for its clients, the sustainability of each product and the added value for the MFIs in offering these products.
KPIs / Microvision - Microfinance:
KPIs - Microinsurance: