LeapFrog created and manages the world's first microinsurance fund. The fund invests in businesses that provide insurance to low-income and vulnerable people in Africa and Asia.
Launched by President Bill Clinton at the Clinton Global Initiative in 2008, LeapFrog has raised $135 million to date from leading private and public sector investors. Through its portfolio companies, the fund aims to generate strong returns for its investors—tapping the estimated 1-billion-person market for microinsurance. LeapFrog also aims to reach 25 million vulnerable people with insurance, 15 million of them women and children, offering protection against life's tragedies and ending cycles of poverty.
The fund's target countries include India, Indonesia, the Philippines, South Africa, Ghana, Kenya, and Uganda. LeapFrog's profit-with-purpose investment approach has been hailed by the Financial Times, Bloomberg, and many media and global leaders as a new frontier for alternative investment and microfinance. President Bill Clinton has declared the fund to be the "Insurer to the Poor."
Andrew Kuper, President, Founder|
|Contact||Johannesburg, Sydney, Edinburgh
Port Louis, Washington D.C.
Phone: +27 82 898 0361
Fax: +27 86 635 8894
|Website||http://www.leapfroginvest.com/ (link opens in a new window)|
Focus: Business, Development, Finance, Gender, Poverty, Australia, India, Indonesia, Ghana, Kenya, Philippines, South Africa, Uganda, United Kingdom, United States, Africa, Americas, Asia, Europe, Global