Ideas to Action:

Independent research for global prosperity

Public Event

Payouts for Perils: Using Insurance to Radically Improve Emergency Aid

Thursday, April 20, 2017 - 4:30pm to 6:00pm



Alice Albright, CEO, Global Partnership for Education

Owen Barder, Vice President, Director of CGD Europe and Senior Fellow, Center for Global Development

Stefan Dercon, Chief Economist, DFID, and Professor of Economic Policy, University of Oxford

Rowan Douglas, CBE, CEO, Capital, Science & Policy Practice, Willis Group

It would have cost $5 million to contain Ebola in West Africa after it was detected. Eight months later, the figure was two hundred times that. Despite urgent warnings of food insecurity in Somalia in 2010, donors waited 11 months to scale up assistance. 

Emergencies cause poverty, drive displacement, and exacerbate insecurity. Aid to tackle natural disasters is generous, but mainly arrives when needs are acute rather than when it would do most good. Responding effectively is hard because budgets are uncertain and funding gets promised but not delivered.

Please join us for the launch of a new CGD report Payouts for Perils: Using Insurance to Radically Improve Emergency Aid setting out how we can use the principles and practice of insurance to save lives, money and time when catastrophes strike. Senior experts from government, aid agencies, and the insurance industry—all contributors to the report—will discuss how to radically improve emergency aid by delivering fast, reliable funding when hazards hit.

Following the event there will be an informal reception.

Related Experts

Stefan Dercon's headshot
Non-Resident Fellow

Not able to attend in-person? Sign-up to receive a reminder about the Live Webcast. The event will stream live and be available after on this page.

Thursday, April 20

4:30 p.m. - 6:00 p.m.