Mission

In tune with the vision and purpose of the Academy, ASKMI would contribute to enabling the Academy in becoming the ‘Center of Excellence’ in development education, training and research. ASKMI would work with the mission of ‘Promoting and advancing insurance for the poor in Asia’. ASKMI would strive to advance the knowledge of practices in providing insurance services including mutual solutions for the poor to enable them becoming more resilient to varied risks and vulnerabilities. In order to realize the mission, ASKMI would employ multiple approaches and programmes that include research, documentation, capacity building, besides knowledge pooling, creation and dissemination. The major goals of ASKMI are;

• Facilitate building, sharing and disseminating of knowledge on good and bad practices on micro insurance in general, and mutual insurance in particular across the field practitioners and other stakeholders.
• Shape and guide the promotion of insurance for the poor in Asia through action research, reflective practices, policy advocacy and building the capacity of practitioners.
• Collaborate with various stakeholders to advance the knowledge and field practices on insurance for the poor in the world.

Vision

Populations, households, and individuals face various risks that can plunge them into poverty, so societies have to take steps to reduce their vulnerability and to cope with the effects when shocks occur. Poor are more vulnerable and have inadequate coping mechanisms. Access to insurance services would play a critical role in complementing their coping capacity. ASKMI would strive to maximize the coverage of access to insurance services to the poorest to enable creating inclusive societies that are equitable and just in nature. ASKMI will be guided by the following vision;

• ASKMI will be a premier knowledge centre for addressing the risks and vulnerabilities of the poor in Asia focusing on mutual insurance.
• ASKMI aims to become an internationally acclaimed institution spearheading solutions building on indigenous coping mechanisms of poor against risks.
• ASKMI will complement theory and practice of insurance through research, capacity building, collaboration and dissemination of knowledge.
• ASKMI will create an enabling environment through policy advocacy for effective access to insurance services to poor.