Are Social Impact Alliances a New Solution to Reduce the Insurance Gap in Latin America?
Insurance penetration in Latin America is one of the lowest in the world (3% of GDP, compared to 7.1% worldwide). Reducing it has become an “obsession” in the sector, but conventional products and channels do not seem to be enough. Are there actors that can help insurers to access groups to which we do not have access? Can we offer products and services that are of value to them? Short answer: Yes…