Vulnerability as risk: Garance Wattez-Richard on insuring the emerging middle class
Devex Podcasts15 Apr 2025

Vulnerability as risk: Garance Wattez-Richard on insuring the emerging middle class

Summary Garance Wattez-Richard, CEO of AXA EssentiALL, discusses the transformative potential of inclusive insurance in addressing vulnerabilities, particularly in low and middle-income countries. She sits down with Raj Kumar to share her journey into the insurance industry, the evolution of microinsurance, and the importance of regulatory frameworks. The discussion highlights the profitability of inclusive insurance and its critical role in achieving sustainable development goals, especially in the context of climate change. Chapters 00:00 The Risk of Vulnerability 00:47 Revolutionizing Insurance for All 01:37 A Journey into Development and Insurance 06:45 The Evolution of Microinsurance 11:41 Profitability in Inclusive Insurance 14:50 The Risks of Insurance Solutions 19:15 Regulatory Challenges in Emerging Markets 23:07 Insurance as a Core Development Activity 28:13 The Future of Insurance and Development Want to stay updated on the latest news in global development? Subscribe to Devex’s Newswire: https://www.devex.com/newsletters/newswire

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