The Role of Microinsurance in Covering Micro Enterprises’ Pure Risks: Case Study of ADIE during 2019–2023
Keywords:
Microinsurance, Micro Enterprise, Risks, Microfinance Institutions, Microinsurance Products
Abstract
The aim of this study is to know how microinsurance contributes in covering micro enterprises’ pure risks. After the presentation of the micro enterprise and the microinsurance, we have studied the case of one of the French associations that cover micro enterprises’ pure risks, which is represented by the ADIE association.
Through this study, it has been concluded that microinsurance contributes effectively in covering micro enterprises’ pure risks by the microinsurance products provided often by the microfinance institutions, designed differently with reasonable premiums and few conditions comparing to the traditional insurance products which micro entrepreneurs cannot take.
References
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ADIE. (2024). To ensure my professional activity. Retrieved 07 10, 2024, from https://www.adie.org/pour-assurer-mon-activite-professionnelle/
ADIE. (2024). To insure my vehicle. Retrieved 07 10, 2024, from https://www.adie.org/pour-assurer-mon-vehicule/
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Insurance Commision. (2018). A Handbook on Microinsurance. First Edition. Retrieved 06 26, 2024, from https://www.insurance.gov.ph/wp-content/uploads/2022/08/MicronInsurance-hand-book.pdf
Jim Roth, M. J. (2007, April). The Landscape of Microinsurance in the World's 100 Poorest Countries. Microinsurance Center LLC. Retrieved 06 24, 2024, from https://www.shareweb.ch/site/EI/Documents/FSD/The%20Landscape%20of%20Microinsurance%20in%20the%20World's%20100%20Poorest%20Countries%20-%202007(en).pdf
Loudhe, S. B. (2014). Micro Entrepreneurship: Sources of Finance & Related Constraints. Procedia Economics and Finance(11), 775-783. Retrieved 06 10, 2024, from https://core.ac.uk/download/pdf/82549667.pdf
MARSH. (2018). Business Interruption: Risk Managed or Long-Term Stakeholder Value Loss? New York, United States of America (USA). Retrieved 06 18, 2024, from https://www.marsh.com/content/dam/marsh/Documents/PDF/nl/en/18-058%20Business%20Interruption_DIGITAL.pdf
Microinsurance Center. (2009). Insurance in Developing Countries: Exploring Opportunities in Microinsurance. LLOYD'S. Retrieved 06 24, 2024, from https://assets.lloyds.com/assets/pdf-insurancein-developing-countries/1/pdf-insuranceIn-developing-countries.pdf
Mohamed Adam, Y. H. (2019). Microinsurance: A Tool to Enhance Financial Inclusion in Egypt. Japan International Cooperation Agency (JICA). Retrieved 06 18, 2024, from https://www.jica.go.jp/egypt/english/office/topics/c8h0vm0000ex4msq-att/190426_01.pdf
SMITH, P., FISHER, R., CARLIN, D., & LONFAT, M. (2021, 04). Liability Risk and Adaptation Finance. Geneva, Switzerland. Retrieved 06 18, 2024, from https://www.unepfi.org/wordpress/wp-content/uploads/2021/04/UNEPFI-Climate-Change-Litigation-Report-Lowres.pdf
SPIXII. (2023). What is Microinsurance and why is it imporatant? Retrieved 06 20, 2024, from SPIXII: https://www.spixii.com/blog/spixii-week-39-what-is-microinsurance-and-why-is-it-important
https://www.iaisweb.org/uploads/2022/01/Issues_Paper_in_regulation_and_supervsion_of_microinsurance__June_2007.pdf.pdf
(IAIS), I. A. (2012, October). Application Paper on Regulation and Supervision Supporting Inclusive Insurance Markets. Retrieved 06 20, 2024, from https://www.iaisweb.org/uploads/2022/01/Application_Paper_on_Regulation_and_Supervision_supporting_Inclusive_Insurance_Markets.pdf.pdf
Actuarial review. (2023). The benefits of Microinsurance. Retrieved 06 20, 2024, from https://ar.casact.org/the-benefits-of-microinsurance/
ADIE. (2019). Annual report. Paris - France: ADIE. Retrieved 07 04, 2024, from https://www.adie.org/devenir-partenaire/etudes-et-rapports-d-activite/
ADIE. (2020). Annual report. Paris - France: ADIE. Retrieved 07 04, 2024, from https://www.adie.org/devenir-partenaire/etudes-et-rapports-d-activite/
ADIE. (2021). Annual report. Paris - France: ADIE. Retrieved 07 04, 2024, from https://www.adie.org/devenir-partenaire/etudes-et-rapports-d-activite/
ADIE. (2022). Annual report. Paris - France: ADIE. Retrieved 07 04, 2024, from https://www.adie.org/devenir-partenaire/etudes-et-rapports-d-activite/
ADIE. (2023). Annual report. Paris - France: ADIE. Retrieved 07 04, 2024, from https://www.adie.org/devenir-partenaire/etudes-et-rapports-d-activite/
ADIE. (2024). Our history. Retrieved 07 02, 2024, from https://www.adie.org/notre-histoire/
ADIE. (2024). Our mission. Retrieved 07 02, 2024, from https://www.adie.org/notre-mission/
ADIE. (2024). To benefit from complementary health insurance. Retrieved 07 10, 2024, from https://www.adie.org/pour-beneficier-d-une-complementaire-sante/#top
ADIE. (2024). To buy a vehicle or pass my license. Retrieved 07 08, 2024, from https://www.adie.org/pour-acheter-un-vehicule-ou-passer-mon-permis/
ADIE. (2024). To create or develop my business. Retrieved 07 08, 2024, from https://www.adie.org/pour-creer-ou-developper-mon-entreprise/
ADIE. (2024). To ensure my professional activity. Retrieved 07 10, 2024, from https://www.adie.org/pour-assurer-mon-activite-professionnelle/
ADIE. (2024). To insure my vehicle. Retrieved 07 10, 2024, from https://www.adie.org/pour-assurer-mon-vehicule/
Alice Merry. (2021). The Landscape of Microinsurance. Microinsurance Network. Retrieved 06 24, 2024, from https://www.ada-microfinance.org/sites/default/files/inline-files/Landscape%20of%20Microinsurance%202021_Report.pdf
BLACH, J. (2010, 09 08-09). Financial Risk Identification based on the Balance Sheet Information. Katowice - Poland. Retrieved 06 14, 2024, from https://www.researchgate.net/profile/Joanna-Blach/publication/270957084_Financial_Risk_Identification_based_on_the_Balance_Sheet_Information/inline/jsViewer/54ba52300cf24e50e93f1b20?inViewer=1&pdfJsDownload=1&origin=publication_detail&previewAsPdf=false
Churchill, C. (2006). Protecting the poor - A microinsurance compendium. Munich Re Foundation From Knowledge to Action and the International Labour Organization. Retrieved 06 20, 2024, from https://www.munichre-foundation.org/content/dam/munichre/foundation/publications/2006_9_en_Protecting%20the%20poor_A%20microinsurance%20compendium_Full%20book.pdf/_jcr_content/renditions/original./2006_9_en_Protecting%20the%20poor_A%20microinsurance%20com
Duong, L. (2009). Effective Risk Management Strategies for Small-Medium Enterprises and Micro Compagnies – A Case Study for Viope Solutions Ltd. ARCADA. Retrieved 06 14, 2024, from https://core.ac.uk/download/pdf/38093683.pdf
George E Rejda, M. J. (2017). Principles of Risk Management and Insurance. Thirteenth Edition (Thirteenth Edition ed.). Pearson. Retrieved 06 14, 2024, from https://www.academia.edu/41873785/GlobAl_edITIon_Principles_of_Risk_Management_and_Insurance_THIRTeenTH_edITIon
Hall Kelly, N. C. (2019). Micro entrepreneurship in the care sector. Retrieved 06 10, 2024, from http://pure-oai.bham.ac.uk/ws/portalfiles/portal/84857549/Final_Accepted_Version_for_Pure.pdf
Insurance Commision. (2018). A Handbook on Microinsurance. First Edition. Retrieved 06 26, 2024, from https://www.insurance.gov.ph/wp-content/uploads/2022/08/MicronInsurance-hand-book.pdf
Jim Roth, M. J. (2007, April). The Landscape of Microinsurance in the World's 100 Poorest Countries. Microinsurance Center LLC. Retrieved 06 24, 2024, from https://www.shareweb.ch/site/EI/Documents/FSD/The%20Landscape%20of%20Microinsurance%20in%20the%20World's%20100%20Poorest%20Countries%20-%202007(en).pdf
Loudhe, S. B. (2014). Micro Entrepreneurship: Sources of Finance & Related Constraints. Procedia Economics and Finance(11), 775-783. Retrieved 06 10, 2024, from https://core.ac.uk/download/pdf/82549667.pdf
MARSH. (2018). Business Interruption: Risk Managed or Long-Term Stakeholder Value Loss? New York, United States of America (USA). Retrieved 06 18, 2024, from https://www.marsh.com/content/dam/marsh/Documents/PDF/nl/en/18-058%20Business%20Interruption_DIGITAL.pdf
Microinsurance Center. (2009). Insurance in Developing Countries: Exploring Opportunities in Microinsurance. LLOYD'S. Retrieved 06 24, 2024, from https://assets.lloyds.com/assets/pdf-insurancein-developing-countries/1/pdf-insuranceIn-developing-countries.pdf
Mohamed Adam, Y. H. (2019). Microinsurance: A Tool to Enhance Financial Inclusion in Egypt. Japan International Cooperation Agency (JICA). Retrieved 06 18, 2024, from https://www.jica.go.jp/egypt/english/office/topics/c8h0vm0000ex4msq-att/190426_01.pdf
SMITH, P., FISHER, R., CARLIN, D., & LONFAT, M. (2021, 04). Liability Risk and Adaptation Finance. Geneva, Switzerland. Retrieved 06 18, 2024, from https://www.unepfi.org/wordpress/wp-content/uploads/2021/04/UNEPFI-Climate-Change-Litigation-Report-Lowres.pdf
SPIXII. (2023). What is Microinsurance and why is it imporatant? Retrieved 06 20, 2024, from SPIXII: https://www.spixii.com/blog/spixii-week-39-what-is-microinsurance-and-why-is-it-important
Published
2024-12-16
How to Cite
BOUDRAA , M. R. A., & KRACHE , H. (2024). The Role of Microinsurance in Covering Micro Enterprises’ Pure Risks: Case Study of ADIE during 2019–2023. Journal of Excellence for Economics and Management Research, 8(2), 256-275. Retrieved from http://journals.lagh-univ.dz/index.php/jeemr/article/view/4047
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