Managing the complexities of insurance partnerships – Turaco and Fenix International
Above our mission of leveraging finance for the upwards economic mobility of women, youth, Micro, Small & Medium Enterprises (MSMEs), smallholder farmers and refugees, FSD Uganda’s interventions are aimed at improving the quality of life for individuals, households and communities using appropriate financial products and services. Aligned to the Sustainable Development Goals (SDGs), our interventions are designed to increase access to critical social services including health, education, and affordable housing. This will positively impact the wellbeing and long-term outcomes for the communities that we serve.
Turaco’s pilot project, a collaboration with Fenix International, was one of the winners of the Financial Sector Deepening (FSD) Uganda Microinsurance Challenge Fund (MCF) commissioned in 2018. The MCF winners’ projects provided learnings that will be beneficial to all players in the market. Case studies from the MCF winners will highlight the different models that exist and document key learnings. This specific case study draws on the experiences of the Turaco and Fenix International teams navigating the complexities of insurance partnerships.