SEE RECORDING: https://www.youtube.com/watch?v=hi1WgBdU6Cw

In response to global demand, the All India Disaster Mitigation Institute (AIDMI) organised the Virtual Roundtable on ‘Parametric Insurance Solutions for All’ on Monday, March 31, 2025, from 04:00 PM to 05:15 PM IST. The roundtable explored innovative financial mechanisms for disaster resilience, featuring leading experts and practitioners. It brought together experts, policymakers, and practitioners to discuss ways to enhance risk financing through parametric insurance.

The three key objectives of the roundtable were:

• to identify scalable parametric insurance solutions tailored to the needs of vulnerable communities;

• to foster direct collaboration among government agencies, insurers, and development partners for policy advancement; and

• to highlight good practices and technological innovations that can enhance the efficiency and accessibility of parametric insurance.

The roundtable launched a special issue of Southasiadisasters.net on “Parametric Insurance Solutions for All” for wider circulation and application.

The session aimed to find ways to reduce risks and build resilience with the help of insurance tools and services for all.

Date: Monday, March 31, 2025
Time: 04:00 PM to 05:15 PM IST

Speakers:

1. Sara Orozco, LAC Regional Coordinator, Microinsurance Network, Colombia
2. Kathy Baughman McLeod, Climate Resilience for All, Washington DC & Cape Town
3. Shishir Agarwal, Senior Consultant Disaster Risk Financing and Risk Transfer, NDMA, India
4. Sumanta Kumar Sahoo, National Program Coordinator, United Nations Development Programme, New Delhi, India
5. Bikram Rana, Programme Manager, Climate Resilience Programme (Zurich Climate Resilience Alliance); Index based Flood Insurance (InsuResilience Solutions Fund-ISF); Resilience Through Early warning systems and Insurance Transfer (Swiss Re Foundation)
6. Mihir R. Bhatt, All India Disaster Mitigation Institute, India

See report

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