In another ongoing project with Kerri Brick (PhD student) dealing with risk preferences and constraints to adaptation, as well as the role of micro financing and insurance amongst informal dwellers in South Africa in dealing with Climate Change.
In
the current insurance market there is almost no products accessible to the
poor. Martine Visser and Kerri Brick are engaging insurance companies and
government in an attempt to design new products which targets the low-income
market and which at the same time will be attractive to insurance
companies. This research has also involved
extensive interactions with the City of Cape Town Disaster and Risk Management division
as well as NGOs and stakeholders involved in disaster management. We have
further tried to link up with other researchers at UCT doing this type of
research.