Commitment to Action

Launching the World's Largest Microinsurance Initiative

Commitment by

Leapfrog Investments Ltd

In 2008, Leapfrog committed to establishing a $100 million microinsurance fund over 10 years. In only 18 months, Leapfrog Investments surged past its $100 million target capitalization with investments from the International Finance Corporation, KfW, BMZ, Soros Economic Development Fund, and Flagstone Re. LeapFrog is now the world's largest microinsurance initiative and is well-positioned to meet its target of providing 25 million low-income and vulnerable people with affordable insurance.

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Overview
Summary

Commitment

Launching the World's Largest Microinsurance Initiative

Launched

2008

Est. Duration

5 Years

Estimated Total Value

$135,000,000

Region

Asia, Africa, Latin America & Caribbean

Countries

BANGLADESH, GHANA, HONDURAS, INDIA, INDONESIA, KENYA, NIGERIA, PHILIPPINES, SOUTH AFRICA, SRI LANKA

Commitment by

Leapfrog Investments Ltd

Partner(s) of the Commitment Maker(s)

Akin, Gump, Strauss, Hauer and Feld, LLP, AllLife, Omidyar Network, Wiley Rein LLP, Flagstone Reinsurance Holdings, BMZ - German Federal Ministry for Econ Cooperation and Dev't, Experienced Consultants, Ashoka: Innovators For The Public, The Microinsurance Centre, Llc, ASW Law, European Investment Bank, Accion International, Calvert Asset Management Co, Inc., Soros Economic Development Fund, Quindiem Consulting, Netherlands Development Finance Company (FMO), KfW Bankengruppe, SCOR, International Finance Corporation, Triodos-Doen and Hivos-Triodos Funds