Avana Microinsurance

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Avana Microinsurance, founded in 2010, is driven by a mission to expand access to high quality, affordable insurance products throughout the developing world. Avana's unique hybrid approach to microinsurance will deploy the professional insurance management capabilities of a multi-national insurance company while maintaining the lower cost structure and flexibility of a social enterprise. Avana envisages to provide a range of tailored, demand-driven products that will initially include coverage against risks related to life, property and clean energy. In addition to the underwriting of microinsurance products, Avana provides product development, advisory and brokerage services to nonprofit organizations, companies and investors interested in learning about microinsurance. Avana is seeking to develop partnerships with nonprofit organizations, microfinance institutions, insurance companies and brokers and other businesses with complementary missions.

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