PFIP updates

Delivering the claims promise. Fiji Care pays F$166k to sugarcane farmers in 6 months.

Delivering the claims promise. Fiji Care pays F$166k to sugarcane farmers in 6 months.

February 2, 2018

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Suva, Fiji – Since launching its ‘Bundled Microinsurance’ policy last July, FijiCare Insurance Limited has already settled and paid out claims for 43 sugarcane farmers. Commenting on the claims payout numbers for the microinsurance scheme that protects 12,500 farmers, FijiCare General Insurance Underwriter, Sunita Reddy said, “our aim is to pay valid claims fast.  Our...

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New partnership looks to create Pacific wide microinsurance solution for coastal fisheries sector

New partnership looks to create Pacific wide microinsurance solution  for coastal fisheries sector

January 31, 2018

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Suva, Fiji –  Many Pacific Islanders depend on coastal fisheries for both food and income but the sector is vulnerable to natural disasters, including cyclones, which can expose them to severe risks. Having appropriate insurance is one way to mitigate the risks, and will help to build resilience and the ability to cope with financial...

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FNPF announces new digital payments platform for voluntary pension

FNPF announces new digital payments platform for voluntary pension

December 6, 2017

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Suva, Fiji –  Low income earners and those employed in the informal sector can now make voluntary pension contributions through a new mobile phone based digital payments platform. Fiji’s National Provident Fund (FNPF) is piloting the Vodafone M-PAiSA platform to allow members of the voluntary savings account to make contributions to their retirement savings through...

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12,500 sugarcane farmers in Fiji covered under new microinsurance package

12,500 sugarcane farmers in Fiji covered under new microinsurance package

November 25, 2017

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Lautoka, Fiji – The Pacific’s first bundled insurance product was officially launched in Fiji today covering 12,500 sugarcane farmers. FijiCare Insurance Limited announced the launch in partnership with the United Nations – Pacific Financial Inclusion Programme (PFIP) and the Sugar Cane Growers Fund (SCGF). “Bundled” Insurance offers consumers added convenience and potential cost savings by...

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Fiji & Solomon Islands, learn how to build an Inclusive Digital Payments Ecosystem

Fiji & Solomon Islands, learn how to build an Inclusive Digital Payments Ecosystem

November 24, 2017

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Suva, Fiji – The UN based Better than Cash Alliance (BTCA) are in the Pacific this week to advocate government ministries in Fiji and the Solomon Islands to transition from cash to digital payments to advance financial inclusion and promote responsible digital finance. Both governments are signatories to the alliance and have committed to elevate digital...

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