SCBF is proud to announce a new strategic partnership with Swiss Re Foundation to help realise the Sustainable Development Goals and contribute to build resilient societies.
“Swiss Re has been a member of the SCBF since 2012 and a member of its Board of Directors since 2019. The Swiss Re Foundation will provide grant support to seven of SCBF’s insurance projects related to health, agriculture and recovery from catastrophic events, as well as two insurance-related outcome studies. By targeting low-income households, smallholder farmers and small-and medium-sized enterprises, the projects supported by the Swiss Re Foundation help regions where resilience is low or under threat.” – Stefan Huber Fux, Director Swiss Re Foundation
“Furthering our commitment to innovating financial inclusion, SCBF is very excited about the new strategic partnership with Swiss Re Foundation. The grant support from Swiss Re Foundation will enable us to advance our goals improving the quality of life of low-income and vulnerable households, smallholder farmers, MSMEs and in particular women. We would like to thank Swiss Re Foundation for their support and look forward to working together.” – Sitara Merchant, CEO SCBF
About Swiss Re Foundation
The Swiss Re Foundation reflects the social and humanitarian values of Swiss Re. Our vision is to build societies that are able to withstand and recover from health, environmental and economic risks. We do this where Swiss Re operates or intends to do so in future, as well as in low- and middle-income countries outside its footprint.
With the new strategy for 2019-2021, Swiss Re Foundation has strengthened the focus on three areas where they can leverage Swiss Re’s expertise the most: natural hazards and climate risk management, access to health and income opportunities and innovation to build resilience.
SCBF is a public-private development partnership (PPDP) and its intervention strategy is to give grants to technical assistance (TA) providers to work with partner financial institutions (PFIs) to develop and upscale client-centred financial product channels and services.
The financial products and services include savings, loans, insurance, digital financial services, or financial education, among others. Thereby increasing access and usage to SCBF’s end-clients; low-income people, smallholder farmers and small-scale entrepreneurs to improve their livelihoods.