Premium Financing Support Grant
Funding route · no open call
- Amount
- Not stated · check listing
- Deadline
- Not stated · check listing
- Who can apply
- Start-ups, SMEs, large companies and 3 more · Worldwide
Free accounts: 1 official link a month · Pro: every link
In context
This call is open to startups, small and medium-sized businesses and large companies and 3 others, at prototype and pilot stage and scale-up and mature. Funding is a grant. Coverage is read from the notice itself: any country.
Summary
This grant provides premium subsidies to make climate and disaster risk finance insurance products more affordable and market-ready. It is exclusively available to organizations already receiving ISF support for Climate Risk Insurance products.
About this grant
The InsuResilience Solutions Fund (ISF) promotes the development of innovative and sustainable Climate Risk Insurance (CRI) products in developing and emerging countries. Its aim is to improve the resilience of vulnerable households against climate change and natural disasters. The fund is managed by the Frankfurt School and hosted by ISF, and it works through a tiered approach that covers climate risk analysis, concept development, product development and premium financing. The Premium Financing Support component provides grant-based funding to enhance the affordability of CDRFI (climate and disaster risk finance and insurance) products and to bring these solutions to market. The page describes this support as a premium subsidy aimed at making the products affordable for vulnerable people, taking their specific needs into account. Premium financing is offered exclusively to partners that have received, or are receiving, ISF support for developing, improving or implementing their Climate Risk Insurance products. It is therefore a follow-on instrument rather than an open call. The page does not state a grant amount, cost-share requirement or application procedure for this component. The wider fund offers co-funding of up to EUR 2.5m, together with advice, to partnerships between public entities, private insurance companies and NGOs. That co-funding is for transforming concepts into market-ready products and scaling up pilots, and it is not specific to premium financing. Current examples on the page include index-based agricultural insurance in Mali, flood insurance claims in Kenya, and a multi-country index-based insurance initiative in the Amazon Basin.
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Eligibility
Premium financing support is offered exclusively to partners that have or are receiving support from the ISF for the development, improvement or implementation of their Climate Risk Insurance product(s). The fund's wider co-funding is aimed at partnerships between (local) public entities such as national or regional government bodies, private companies in the insurance sector, and NGOs. The fund operates in developing and emerging countries. The page does not set out further organisation-type, stage or prior-recipient rules.
Key requirements
- Must already be receiving ISF support for Climate Risk Insurance (CDRFI) products
- Grant is for premium subsidies to enhance affordability of CDRFI products
- Intended to bring climate and disaster risk finance insurance products to market
Recent past awardees
Knowing who's won the last rounds tells you whether you're in the strike zone.
- Britam Connect
- OKO
- Climate Adaptation Insurance Solutions in the Amazon Basin (CAISAB) partners
Frequently asked questions
Frequently asked questions
- Who can apply for Premium Financing Support?
- Eligibility covers start-ups, SMEs, large companies, non-profits, social enterprises and consortia in any country. See the eligibility criteria above for the full conditions.
Relevant sectors
How this compares
About this sector
About this sector
Climate adaptation funding helps communities, infrastructure and businesses prepare for heat, flooding, drought and sea level rise. Most of it is public and multilateral money, often targeted at vulnerable regions and delivered with local government. Calls usually ask for a climate risk assessment and evidence that local people shaped the plan.
Free accounts: 1 official link a month · Pro: every link
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