• Micro Insurance by STP

    Posted in MicroInsurance blog, Sharing economy on Feb 06, 2019


    We prefer a wider more inclusive definition of Micro Insurance, one that allows products to be developed, sold globally, works in the new sharing economy and includes solutions for many of the issues surrounding selling, distributing and managing micro insurance policies and schemes. Products that cover all populations based on their specific needs.

  • Climate change and Insurance

    Posted in Blog, MicroInsurance blog on Feb 06, 2019


    Hurricanes, over the last 150 years, have increased in both number and intensity. Compare, over similar periods, other graphs and studies on sea water temperatures and average land temperatures, all show the same up-tick and acceleration. It could be time to be prepared and protect your assets with appropriate insurance cover.

  • From the sharing economy to … The Economy?

    Posted in MicroInsurance blog, Sharing economy on Jan 11, 2019


    The much vaunted PWC study and projections from 2013 points to large growth and many of its predictions are coming true as we see likes of AirBnB and its many copycats create value for home owners, seeing a huge change in availability. Scooters, Cycles and soon autonomous vehicles will all add to this shifting business model.

  • 1st ever Voucher Based Micro-Insurance Platform in Tanzania

    Posted in MicroInsurance blog on Jan 03, 2019


    How do you open up insurance sales in countries like Tanzania? TamManagemment Insurance Brokers have come up with an innovative way to use the existing voucher vendors to sell a new voucher based travel insurance policy.

  • Hurricane Forecast - 2019

    Posted in MicroInsurance blog on Dec 31, 2018


    The latest CSU forecast is out for the 2019 Hurricane Season and we have looked at the data going back to 1851 and added some interesting trend-lines. This is very early in the forecast season and it will be updated as we move closer to the 1st June typical season kick-off!

  • Disaster losses for 2018

    Posted in MicroInsurance blog on Dec 19, 2018


    2018 was expected to be a quite year from Hurricane damage and so it proved to be compared with 2017. However, losses from natural and man-made disasters are estimated to total $155 billion (136 billion euros) this year, so says the reinsurance giant Swiss Re this week.

  • Why Microinsurance?

    Posted in MicroInsurance blog on Nov 12, 2018


    What could be more important than providing insurance to help someone rebuild their life after a catastrophe —and then in particular, if they are already low-income and vulnerable? This is why I am in insurance, why I believe in microinsurance - microinsurance has the capability to allow people to rebuild after a catastrophe.

  • New Insurance for the New Economy

    Posted in MicroInsurance blog, Sharing economy on Oct 15, 2018


    To re-write the Life of Brian sketch about the Romans….. What has insurance done for us? Well World Trade; General Mobility through vehicles & aeroplanes; Health, Security of loans and homes… OK OK OK so apart from World Trade, Mobility, Health, Security – what else?............ Nothing! So why is it that insurance seems so irrelevant when so often it is the enabler?

  • GiG economy and Sharing Economy in 2018

    Posted in MicroInsurance blog, Sharing economy on Sep 29, 2018


    When a person is working in the GiG economy and Sharing Economy, the earnings represent a significant amount of income for that person, however over a year it tends not to be a significant proportion of income. This is because most people do not participate generally all year. Insurance for the sharing economy is still stuck in the past. Microinsurance is the future of gig and sharing economy insurance. Home sharing platforms are profitable ways to earn income from your home so long as you keep costs down and manage risk.

  • MicroInsurance

    Posted in MicroInsurance blog on Sep 22, 2018


    Generally Micro Insurance refers to providing insurance to low-income families in developing countries and continents. We like to offer a broader definition, this is where insurance products are developed to provide a specific coverage for a specific need or event. This generally results is a lower cost to customers for that event when compared to a monthly or annual cost for more traditional insurance.