African Risk Capacity
Training of Regulators in Women’s insurance
The training was developed in collaboration between the African Risk Capacity and the International Finance Corporation. The collaboration stems from the focus of both organisations on empowering women, especially in the field of insurance for women. For this purpose, ARC gender Unit and IFC Women Insurance developed the modules centered on the role of insurance regulators in promoting women’s Insurance market.
Both organisations agreed to collaborate on activities that ensure that selected ARC member states, regulators are targeted to create awareness in terms of gender sensitivity, and the key activity in this context would be Gender training for regulators.
The training was thus piloted in Cote d’Ivoire and Zimbabwe in 2023. Because of the positive feedback , it was decided to duplicate the training in other member states.
The main objective was to create awareness amongst insurance regulators and train them, in order to promote women’s insurance market in Rwanda ; and to sensitise the regulators about the importance of a sensitive approach in the insurance industry and promote women’s economic empowerment through insurance.
The two days’ workshop was attended by Insurance regulators in Rwanda, Representatives of the Insurers Association of Rwanda, Government Institutions supporting finance initiatives , the Ministry of Agriculture and animal resources (MINAGRI), the National Bank of Rwanda and covered the below topics :
- IFC & the Women’s Insurance program ;
- Gender and Gender Sensitivity ;
- Opportunities in Women’s Insurance Market ;
- The Importance of Gender-disaggregated Data & Role of the Regulators in promoting the Women’s Market ;
- ARC Gender Strategy ;
- Gender And Disaster Management ; and
- Gender and Disaster Risk Governance.
