6 7 6 The term community in this context includes both people who live in the same locality and people who have something in common – such as employment in the same industry. As such, inhabitants of a village may form a community, and so may the workers in say, a construction industry(RNSF, 2017). 7 The liberalisation of the Indian insurance market in the late 1990s permitted VimoSEWA to dream of forming a member-owned insurance company to serve the informal economy. SEWA introduced its first insurance product in the late 1970s, which was a life insurance for its women members. At the time, the insurance industry in India was under state control.