Since there are no currently active contests, we have switched Climate CoLab to read-only mode.
Learn more at https://climatecolab.org/page/readonly.
Skip navigation
Proposal image

Innovative Disaster Microinsurance for Small Informal Urban Businesses by Risk Transfer and Insurance

2comments
Share conversation: Share via:

Janot Mendler De Suarez

Mar 5, 2018
06:16

Judge


1 |
Share via:

Why not consider an index trigger for the cash transfer?


Ronak Patel

Mar 6, 2018
11:18

Member


2 |
Share via:
Proposal
contributor

Hello,

Thank you for the interest and the question. It's an excellent point that we have been considering. The current design has no index trigger for the business losses but we are planning to have discussions with the insurance companies to turn this into a parametric insurance product. We think that will also help it scale.