Advancing financial inclusion through access to insurance: the role of postal networks
With 1.5 billion people worldwide getting access to financial services through a post office, postal networks are powerful tools to advance financial inclusion. Posts possess or can develop characteristics such as client understanding, product diversification, national outreach, rural advantage, and trust with clients that have the potential to transform postal networks into well-suited providers of insurance. Insurance is a relatively easy way for posts to diversify their sources of revenue.