The Global Shield Solutions Platform (GSSP) is supporting the Southeast Asia Disaster Risk Insurance Facility Insurance Company (SEADRIF) to expand Climate and Disaster Risk Finance and Insurance (CDRFI) capabilities across Southeast Asia, helping member countries strengthen their preparedness for and response to climate-related shocks. With GSSP funding, SEADRIF will implement a programme of public insurer engagement, risk data analytics and knowledge-sharing activities, country-level workshops, and targeted training initiatives across Southeast Asia.
This initiative will strengthen engagement with SEADRIF member countries and support the development of more locally relevant approaches to disaster risk financing. It also aims to deepen institutional and technical capacity while broadening access to practical knowledge resources and specialised training.
Working with public insurers, government institutions and other relevant stakeholders, the initiative will strengthen understanding of climate and disaster risks, support the development of country-specific use cases, and build readiness for innovative risk financing and insurance solutions. It will also establish a SEADRIF Fellowship and training programme to develop local expertise and foster a strong regional community of practice around CDRFI.
As climate-related hazards become more frequent and severe, the need for operational, context-specific solutions is becoming increasingly urgent. This initiative responds to that challenge by helping governments assess climate and disaster risks, more effectively, improve preparedness and design innovative financial protection mechanisms. By strengthening knowledge, capacity and regional collaboration, it will support public institutions in building resilience and advancing effective disaster risk management and climate adaptation strategies.
Dr. Annette Detken, Head of Global Shield Solutions Platform, said: “Strengthening climate and disaster risk finance capacities is critical to helping countries better manage the impacts of increasingly frequent and severe climate-related shocks. Through our support to SEADRIF, we aim to expand access to practical knowledge, technical expertise and learning opportunities that can help governments make more informed decisions about financial protection and resilience. By investing in local capacity and regional exchange, this initiative will contribute to stronger, more sustainable approaches to climate and disaster risk finance across Southeast Asia”.
Benedikt Signer, CEO of the SEADRIF Insurance Company, said: “ASEAN countries are stepping up to strengthen climate and disaster risk finance as part of their core national development priorities. Meeting that demand requires sustained investment in the capabilities, analytics, and market infrastructure that make financial protection work at scale.”
“This partnership with GSSP brings complementary resources that allow SEADRIF to move faster and reach further, expanding the development of risk analytics, deepening engagement with domestic insurance markets, and accelerating the pace at which ASEAN countries can access the financial protection they need.”
About the Global Shield Solutions Platform
The Global Shield Solutions Platform (GSSP), managed by Frankfurt School of Finance & Management, is a multi-donor grant facility and one of the financing vehicles under the Global Shield against Climate Risks. With the mandate to foster the actual development and use of Climate and Disaster Risk Finance and Insurance (CDRFI) solutions, the GSSP contributes to effectively addressing losses and damages exacerbated by climate change.
Contact person
Marianna Aguilera
m.aguilera@fs.de
About SEADRIF: Taking the Crisis Out of Disasters
SEADRIF is a regional platform established and owned by ASEAN+3 countries to strengthen disaster and climate resilience through pre-arranged financial protection and advisory support. It provides access to rapid and predictable funding when shocks occur, enabling governments to better manage disaster-related costs.
Through its regulated insurance company set up in Singapore, SEADRIF blends public and private capital to expand access to new forms of development insurance. Working closely with member countries, it co-designs solutions that are fit for purpose and scales them across sectors, geographies, and perils—helping protect people, economies, and futures across Southeast Asia.
For inquiries, please email: contact@seadrifinsurance.com.
For more information and updates, please visit seadrif.org.
Follow SEADRIF on LinkedIn.