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The objective was to expand micro insurance to an additional 1.5 million people. Even though concerted efforts were taken to promote insurance products by the working group, the sector has failed to create great impact in PNG. An insurance awareness campaign to promote inclusive insurance in PNG was organized. The campaign “Get Insured, Rest assured”, was aimed at creating awareness and popularizing insurance in PNG. A pilot program for mobile based micro insurance was trialed but suffered a major setback following the disagreement between the channel provider and the insurance product provider.
CEFI’s key role is to coordinate, advocate and monitor financial inclusion activities including coordinating stakeholder dialogue towards responsible financial service delivery and service quality, encourage innovation and strengthen financial sector industry development.
Head Office:
Third Floor, Credit Corporation Building, Cuthbertson Street, Port Moresby
Phone: +675 322 5300
Email: info@thecefi.org