NU Online News Service, Dec. 9, 3:38 p.m. EST
Janice M. Abraham, president and chief executive officer of United Educators, is packing her bags for Sydney, Australia.
The executive will be gone for about four months, working on a volunteer basis for LeapFrog Investments, the world's first microinsurance fund aimed at protecting the poor. The fund builds and invests in companies that will provide affordable insurance to low-income people.
"I will be going to talk about the importance of insurance--how to develop a company," Ms. Abraham told NU Online News Service. "Microfinance is helping the poor gain some wealth. The next step would be insurance, property and life, to make sure these people are not wiped out once they get off the ground."
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