Executive Certificate in Microinsurance
Course Overview
The Executive Certificate in Microinsurance is a professional programme designed to equip insurance practitioners, regulators, development partners, financial-sector leaders, and community-based organisations with the technical, operational, and strategic capabilities required to build and manage sustainable microinsurance systems.
This comprehensive qualification covers the entire microinsurance value chain—from foundational insurance principles and inclusive market regulation to product design, client insights, distribution, digital transformation, operational excellence, actuarial modeling, leadership, and performance management. Each module is designed with a practical orientation, ensuring that learners can apply concepts directly in real-world low-income and informal-market environments.
A strong emphasis is placed on the African context, integrating local innovations such as mobile-money–enabled insurance, USSD-based enrolment, SACCO/MFI partnerships, cooperative-driven distribution, index-based agricultural solutions, public–private health financing models, community verification systems, and digital MIS platforms. The programme incorporates current reforms and frameworks including Kenya’s Social Health Authority (SHA) and experiences from East, West, and Southern Africa.
The course is delivered through a blend of conceptual foundations, practical case studies, digital tools, partner ecosystem insights, and applied assessments, culminating in a capstone project that allows learners to design or evaluate a real microinsurance solution.
Learning Objectives
By the end of this course, learners will be able to:
- Understand the structure, purpose, and operations of microinsurance systems within inclusive financial markets;
- Design affordable, relevant, and client-centric microinsurance products informed by behavioural insights and contextual needs;
- Apply sound risk management, underwriting, and claims administration practices tailored to low-income and data-light environments;
- Engage effectively in marketing, financial literacy, and consumer education initiatives that empower underserved populations;
- Contribute to inclusive growth and social protection through sustainable, scalable, and responsibly managed insurance solutions;
- Apply actuarial and financial modeling techniques to assess pricing assumptions, sustainability, performance indicators, and long-term viability of microinsurance portfolios; and
- Demonstrate leadership and management capability to coordinate teams, align partners, supervise distribution ecosystems, and steer digital transformation within microinsurance programs..
