ON - Omidyar Network

• Photos (1)
• Videos (1)

LeapFrog, the world’s first microinsurance fund, invests in sustainable insurance businesses that provide life-changing financial services to low-income and financially excluded clients.

Why We Invested

By investing in sustainable, high-growth microinsurance businesses in emerging markets, LeapFrog enables low-income people to overcome unexpected events and better plan for their future. Microinsurance is an important extension of microfinance, as it also reaches people and businesses not served by typical financial service providers. Microinsurance services can stabilize income levels, increase long-term security, and enable people and entrepreneurs to take worthwhile business risks. This enables them to build up assets and escape the cycle of poverty.

LeapFrog’s team consists of leaders in emerging markets insurance and investment, with experience in life, health, property, and other forms of insurance. Beyond financial capital, LeapFrog provides its partner companies with support in business planning, product design, distribution, regulatory and risk management. LeapFrog focuses on high-growth markets such as India, Pakistan, South Africa, Ghana, Kenya, Uganda, the Philippines, and Indonesia. By supporting the growth of microinsurance businesses worldwide, LeapFrog seeks to extend the benefits of microinsurance and bring financial security to millions of people in Asia and Africa.