Student Work
Closing the Protection Gap: Attitudes toward Insurance
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open in viewerMicro, small, and medium-sized enterprises (MSMEs) in Albania are prone to natural disasters but lack disaster risk insurance (DRI) to cover damages. This protection gap leaves businesses vulnerable to earthquakes and flooding and leads to prolonged and costly recovery times. Working with UNDP, the team interviewed 71 business owners to identify key MSME access barriers to DRI. The team found that businesses tend to underestimate their risk, lack awareness of DRI, and distrust insurance companies. The team recommended outreach campaigns, subsidizing DRI premiums, and strategies for insurance companies to build trust.
- This report represents the work of one or more WPI undergraduate students submitted to the faculty as evidence of completion of a degree requirement. WPI routinely publishes these reports on its website without editorial or peer review.
- Creator
- Subject
- Publisher
- Identifier
- 115133
- E-project-121423-055536
- Stichwort
- Advisor
- Year
- 2023
- Center
- Sponsor
- UN Sustainable Development Goals
- Date created
- 2023-12-14
- Resource type
- Source
- E-project-121423-055536
- Rights statement
- Zuletzt geändert
- 2024-02-08
Beziehungen
- In Collection:
Objekte
Artikel
Miniaturansicht | Titel | Sichtbarkeit | Embargo Release Date | Aktionen |
---|---|---|---|---|
IQP_Final_Report_0.pdf | Öffentlich | Herunterladen | ||
IQP_Dashboard.pdf | Öffentlich | Herunterladen | ||
Best_Practices_Deliverable.pdf | Öffentlich | Herunterladen |
Permanent link to this page: https://digital.wpi.edu/show/b8515s76h