The leading international think tank of the insurance industry

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Insurance provides vital support to societies and businesses through financial compensation for the effects of misfortune. The ‘insurance protection gap’ or ‘underinsurance’ is the difference between the amount of insurance coverage that is economically beneficial and what is actually purchased.

The protection gap is one of the most pressing issues facing societies. It leads to a severe lack of societal resilience in many developing and emerging countries, where insurance today plays hardly any role in mitigating the impacts of, for example, natural disasters or pandemics. 

The Geneva Association’s research intends to contribute to promoting multi-stakeholder solutions by shedding light on the underlying causes of underinsurance.