A robust insurance sector is an important precondition to sustainable reconstruction and mitigation of future risk in Haiti, a disaster-prone country. Insurance access improves initial disaster response, gets individuals and businesses back on their feet faster, and reassures investors about the security of their investments. By strengthening AIC’s capital base, we are helping AIC offer this and, in turn, act as a beacon for what insurance in Haiti can be.
We are pleased to partner with AIC for the betterment of the poor in Haiti. Philosophically, we are well-aligned with shared values, solid business experience and a commitment to bottom-of-the-pyramid clientele.
Our decision to support the investment made by MEDA in AIC was driven by the quality of its senior management team, its leadership position within the insurance industry in the country and its focus on developing micro-insurance products for the working poor in Haiti.
Our partnership with AIC is an exceptional situation brought about by exceptional circumstances. It is about helping our markets beyond merely doing business and it is supported by the great professionalism of AIC’s team and the trust they have inspired in all of us though the hard times the country has lived after the earthquake.
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