Newsletter

RIMANSI Annual General Meeting

Posted at July 9, 2019 | By : | Categories : Newsletter | 0 Comment

Pasig—MiMAP (RIMANSI) had its three-day Annual General Meeting from March 26-28 of 2018. The AGM was guided by the theme “Deepening Outreach for Greater Financial Inclusion.”

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On the first day of the AGM, 22 members from 11 Mi-MBAs were oriented on the programs and services offered by MiMAP at the Medical Plaza Ortigas Building in Pasig City. Firstly, a background and history of MiMAP were presented to the participants. Then, updates and services were discussed to the Mi-MBAs. This includes the overview and information on the following:  association updates, service package 1, service package 2 and service package 3, trainings, the mutual security fund, the BPI Bayanihan UITF, Catastrophe Reinsurance, MIS for Mi-MBAs, and RMSI products and services.

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On the second day, the General Assembly and Board Meeting was held at the Ace Hotel & Suites in Pasig City. It was attended by 52 participants coming from the MiMAP board and management staff, the network of Mi-MBAs, and key association partners. During this time, a Certificate of Associate Membership was given to CCT MBA and NSCC MBA, respectively.  Also, the BPI Bayanihan Balanced Fund, a Unit Investment Trust Fund of BPI Asset Management and Trust Corporation, was launched during this segment of the AGM.

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On the third and final day there were two learning sessions conducted to cap off the AGM. There was the Philippine-Canada Learning and Sharing Forum on Product Bundling organized in partnership with Canadian regulatory experts Mr. Anatol Monid and Mr. Waqas Rana which was attended by 37 participants (64% women) from the government regulatory and policy bodies, providers of life insurance, non-life insurance, microinsurance and pre-need including Mi-MBAs, and private and technical partners. The next session that followed was the Learning Session on Excellence in Good Governance in relation to Kasagana-Ka MBA placing 9th overall in ACGS. The session taught Mi-MBAs and partner MFIs how to improve their performance and rating in ACGS, with reference in particular to KMBA’s high placement in the ACGS.