SummaryGarance Wattez-Richard, CEO of AXA EssentiALL, discusses the transformative potential of inclusive insurance in addressing vulnerabilities, particularly in low and middle-income countries. She sits down with Raj Kumar to share her journey into the insurance industry, the evolution of microinsurance, and the importance of regulatory frameworks. The discussion highlights the profitability of inclusive insurance and its critical role in achieving sustainable development goals, especially in the context of climate change.Chapters00:00 The Risk of Vulnerability00:47 Revolutionizing Insurance for All01:37 A Journey into Development and Insurance06:45 The Evolution of Microinsurance11:41 Profitability in Inclusive Insurance14:50 The Risks of Insurance Solutions19:15 Regulatory Challenges in Emerging Markets23:07 Insurance as a Core Development Activity28:13 The Future of Insurance and DevelopmentWant to stay updated on the latest news in global development? Subscribe to Devex’s Newswire: https://www.devex.com/newsletters/newswire