Extreme left, David M Dror, chairman of India-based Micro Insurance Academy, exchanges documents with MA Baqui Khalily, executive director of Institute of Microfinance in Bangladesh, after signing a deal to provide insurance related information at a programme in Dhaka recently. Photo: InM

Bangladesh-based Institute of Microfinance (InM) and India-based Micro Insurance Academy (MIA) have inked a deal to provide insurance domain knowledge to academia, policymakers, development organisations, insurers, service providers and re-insurers.
Prof MA Baqui Khalily, executive director of InM, and David M Dror, chairman and managing director of MIA, signed the deal in Dhaka last week.
Khalily said the agreement between the two leading think-tanks in the region would provide unique opportunities for future development of the micro-insurance sector.
The joint programme aims to implement sustainable insurance models for all relevant risks in the areas of health, agriculture, livestock, climate change, natural catastrophes or composites that are suitable for the local environment.
Khalily thanked Prof Dror for MIA's commitment to this noble endeavour. He also promised full cooperation to make the initiative a success.
Dror said the collaboration would open up immense potential for the people of Bangladesh as well as would transcend beyond the border.
Mandeep Maini, a consultant of MIA, and Prof Syed M Ahsan, team leader of Microinsurance Programme at InM, were also present.