Vulnerability as risk: Garance Wattez-Richard on insuring the emerging middle class

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The Devex Book Club

Devex

17 episodes

6 months ago

It seems like every day there’s an important new book being written on global challenges like poverty and climate change. This podcast is for anyone fascinated by books like these, especially the ones that challenge preconceived notions and present innovative ideas.

Each month, Devex President and Editor-in-Chief Raj Kumar will sit down with a different author, academic, or development practitioner to discuss a new dimension of these constantly evolving sectors.

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Vulnerability as risk: Garance Wattez-Richard on insuring the emerging middle class

The Devex Book Club

31 minutes

6 months ago

Vulnerability as risk: Garance Wattez-Richard on insuring the emerging middle class

Summary
Garance Wattez-Richard, CEO of AXA EssentiALL, discusses the transformative potential of inclusive insurance in addressing vulnerabilities, particularly in low and middle-income countries. She sits down with Raj Kumar to share her journey into the insurance industry, the evolution of microinsurance, and the importance of regulatory frameworks. The discussion highlights the profitability of inclusive insurance and its critical role in achieving sustainable development goals, especially in the context of climate change.

Chapters
00:00 The Risk of Vulnerability
00:47 Revolutionizing Insurance for All
01:37 A Journey into Development and Insurance
06:45 The Evolution of Microinsurance
11:41 Profitability in Inclusive Insurance
14:50 The Risks of Insurance Solutions
19:15 Regulatory Challenges in Emerging Markets
23:07 Insurance as a Core Development Activity
28:13 The Future of Insurance and Development

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