The insurance uses a system of cross-subsidies to finance the poorest households who are unable to make monthly contributions. According to the latest records, 12% of taxpayers in Manizales have signed a catastrophe insurance contract. The experience represents an innovation in social and financial protection for low-income home-owners, and has been highlighted as a good public-private cooperation practice that could be replicated in other Colombian cities with similar risk characteristics to those of Manizales (Marulanda and others, 2014). This insurance policy had 61,097 women among its affiliates in 2014, and it has mainly benefited women microentrepreneurs living in rural areas affected by flooding, hurricanes and earthquakes. It is funded by grants from the Inter-American Development Bank (IDB), the United Kingdom Department for International Development (DFID), the Swiss Agency for Development and Cooperation (COSUDE) and other financiers belonging to private insurance companies. There is also an intensive information campaign for clients on the coverage and other operational aspects of catastrophic insurance (Loster and Reinhard, 2012).