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- Featured News
- World's First Microinsurance Fund Announces Major New Investors J.P. Morgan, TIAA-CREF, Proparco, Waterloo, ACE - LeapFrog Fund Achieves Record Close of $137 million
 Today the world's first microinsurance fund, LeapFrog Investments, announced its final close on $137 million for investments in Africa and Asia - a record amount that makes LeapFrog the largest investor in microinsurance worldwide. The fund announced major new investors including J.P. Morgan, TIAA-CREF, and Proparco as well as the Waterloo Foundation and the ACE Group. "As leaders from around the world and across sectors gather here at IFC headquarters," said Andrew Kuper, President and Founder of LeapFrog, "we mark a historic moment: the birth of a new social-purpose asset class that will generate profits for investors while lifting tens of millions out of poverty."
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- LeapFrog Poised to Invest $112 Million in Insurance and Microfinance Companies, After Historic Commitments to the Fund by IFC, KfW, BMZ, Flagstone and Soros
LeapFrog Investments has surged past its $100 million target capitalization, months ahead of schedule. Leading global investors have aligned behind LeapFrog’s profit-with-purpose investment proposition, with their leaders gathered in Frankfurt for an announcement on March 29 2010 (read the full global press release here). The news was featured across the world, in tens of publications and in multiple languages. Here are some highlights:
Global – Bloomberg, Microcapital Brief, Dow Jones
India – Hindu Business Line, Wall Street Journal, Insurance Daily
South Africa – Business Day, Financial Mail
Philippines – Business World Online, Business Inquirer, Phil Star
Ghana – Ghanaian Times, Business & Financial Times
Kenya – The Standard, Kenya Times
Germany – Handelsblatt, Tagesspiegel, Frankfurter Allgemeine Zeitung
- LeapFrog invests in AllLife
 - LeapFrog Investments has announced a ZAR 50 million (over $6 million) investment in AllLife, one of Africa’s most innovative insurance businesses. The announcement took place after World AIDS Day. AllLife, a pioneer in continuous underwriting, links insurance products to an adherence management program. The program ensures clients manage their health appropriately, routinely alerting them to potential health concerns and helping them take action to maintain their wellbeing – such as regularly testing and taking anti-retroviral medications. As a result, AllLife offers more competitively priced products, and covers people whom the insurance industry has often regarded as uninsurable. Read more
- Clinton Global Initiative Feature: Interview with LeapFrog’s President, Dr. Andrew Kuper
 - “Microinsurance is one of the most unexplored markets and yet one of the greatest needs of the 21st century. In wealthy and poor countries alike, millions of uninsured people lie awake at night worrying about what will happen to their families or businesses in the event of an unanticipated shock such as a flood or family illness. While many of these households are both willing and able to pay for a basic safety net, most do not have access to affordable and quality insurance services. In developing countries alone, it is estimated that 1 billion people are currently seeking and willing to pay for life and health insurance products. Read more
- June 2010 (Nextbillion.net):
Microinsurance and the double bottom line—an interview with Dr. Jim Roth
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- May 2010 (Risk and Insurance):
Microinsurance Becoming Solid Investment for Global Insurance Industry
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- May 2010 (Marketwatch):
World's First Microinsurance Fund Announces Major New Investors J.P. Morgan, TIAA-CREF, Proparco, Waterloo, ACE - LeapFrog Fund Achieves Record Close of $137 million – read more
- Apr 2010 (IFC):
Microinsurance: the time is now – read more
- Mar 2010 (Bloomberg):
LeapFrog has surged past its target, raising US$112m with investments from IFC, KfW, BMZ, Soros Economic Development Fund and Flagstone Reinsurance – read more
- Feb 2010 (LeapFrog):
Stephane Chatonsky joins the LeapFrog team as a Principal based in Sydney, bringing over 15 years of Private Equity experience – read more
- Jan 2010 (LeapFrog):
LeapFrog’s Advisory Board has recently be strengthened by the addition of Paolo De Martin, CFO of SCOR (one of the world’s largest reinsurers) read more
- Dec 2009 (Fast Company): Microinsurance: The New Microcredit – an article featuring LeapFrog read more
- Nov 2009 (Microfinance Focus):
SCOR, a large global reinsurer, invests in LeapFrog read more
- Nov 2009 (MicroCapital):
The Microinsurance Times featured an interview with President of LeapFrog, Dr Andrew Kuper read more
- Sep 2009 (HedgeCo):
President Bill Clinton Honors LeapFrog Investments as the “Insurer to the Poor” read more
- Jun 2009 (Bloomberg):
EBay Founder, Calvert Group Back Microinsurance Investment Fund read more
- Jun 2009 (Reuters):
LeapFrog Investments raises $44 million for microinsurance fund read more
- May 2009 (Upsides - FMO initiative):
Microinsurance: the next frontier in microfinance read more
- May 2009 (LeapFrog):
LeapFrog is pleased to announce Felipe Medina, Regional Director of for Latin America Private Wealth Management of Goldman Sachs, has agreed to serve on our Advisory board in his personal capacity read more
- Sep 2008 (Private Equity Int):
First microinsurance PE firm launched at Clinton-led event read more
- Sep 2008 (Insurance Journal):
President Clinton Spotlights LeapFrog, First Microinsurance Fund read more
- Nov 2008 (Forbes):
From Microfinance Into Microinsurance – Dr. Andrew Kuper writes about the bright future ahead for the microinsurance industry read more
- 2008 (LeapFrog):
Seth Meisel and Ingo Weber have joined LeapFrog’s Investment Committee. Both come with a wealth of investment experience across firms including Bain Capital, GE Capital and Swiss Re read more
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