Small and medium-sized enterprises (SMEs), many owned or led by women, are the key drivers of growth around the world. Yet women have less access to support, funding and resources than their male counterparts.
Insurance can unlock the power of international development finance. At Liberty Specialty Markets, our Financial Risk Solutions division shares the financial institutions’ risks so they attract more private sector capital to their lending programmes and can make more of an impact.
Since 2017, we have provided credit insurance for IFC loans to 30 banks in 17 countries, including a loan to a bank in Mexico that will be used to support SME’s and women-owned businesses, and another in Brazil to support climate-smart auto loans.