Public-Private Partnership - Italy

Private insurance companies design appropriate insurance products, establish administrative processes and carry the risk. They invest financial and human resources, and commit themselves to the agricultural and climate risk insurance markets. Government support that goes beyond creating an enabling regulatory environment can be critical to the sustainability of such systems.
Disaster Risk Reduction Insurance (DERRIS) is meant to build and test an innovative form of public-private partnership between the following players to boost community protection and resilience to reduce the risks caused by extraordinary weather events.