MiMAP, SEDMFI Conduct Product Consultation in Surigao

SURIGAO DEL NORTE – The Surigao Economic Development and Microfinance Foundation, Inc. (SEDMFI) and MiMAP conducted a product consultation on February 10 at Parkway Hotel in Surigao City. MiMAP Executive Director Mr. Jun Jay Perez, MiMAP Actuarial Officer Ms. Judith Torres, SEDMFI Executive Director Ms. Imelda Wines, General Manager Mr. Jules Lacsamana, and SEDMFI branch officers attended the said event.

Braving the New Normal with Greater Social Protection Through Microinsurance

In these challenging times brought on by the pandemic, microinsurance has become an important lifeline for Filipinos with low income and limited access to mainstream insurance services. Microinsurance has come a long way in the Philippines, from a coverage of less than three million low-income Filipinos in 2007, the number has surged to 40 million individuals in 2019.

Lakbay Aral Summary for 2019

For the second half of the year, 266 CARD MRI members and staff visited the Microinsurance MBA Association of the Philippines Inc. (MiMAP, also known as RIMANSI). These participants visited for the Lakbay Aral organized by CARD MRI wherein staff and members are introduced to partner organizations and institutions.

MiMAP has dialogue meeting with Insurance Commission

On October 17, 2019, MiMAP Board officers and members had a dialogue with the Insurance Commission (IC). The association presented key sectoral updates to the IC. Important matters such as the IFRS17 implementation, the Mi-MBA tax exemption and the proposed self-regulatory organization (SRO) for Mi-MBAs were discussed.