• Citi’s Support for Microinsurance Sector Showcased in Three Industry Events

    In celebration of National Microinsurance Month, the Microinsurance MBA Association of the Philippines (RIMANSI), hosted its annual forum and formally launched its partnership with Citi Foundation and Citi Philippines. RIMANSI is a microinsurance resource center and an association of 17 Microinsurance Mutual Benefit Associations (Mi-MBAs) in the Philippines, with a combined membership of 4.28 million, insuring about 17 million lives nationwide.  For the last decade, RIMANSI has been in the forefront of providing business development support services to rural development finance organizations to promote universal risk protection for the vulnerable sectors of the society. Mi-MBAs are community-based ...

    Posted at April 6, 2017 | By : | Categories : Newsletter | 0 Comment
  • Citi Foundation invests in RIMANSI to build microinsurers’ capacities

    In partnership with Citi Foundation, RIMANSI recently launched Building Microinsurers’ Capacities for Greater Financial Inclusion.  This project consists of capacity building interventions to help Mi-MBAs achieve and sustain membership growth.  There are three components of the said project:(1) Professional Training Program will develop new courses in good governance, best business risk management practices and claims administration; (2) Product Development will focus mainly on the creation of new products or enhancement of existing products, and; (3) Investment Management Support will be about the creation of an investment mix model for the Mi-MBAs that ...

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  • Citi Foundation grant to fund Mi-MBAs product development

    Representatives from MBA beneficiaries signed a Memorandum of Agreement on the project, Building Microinsurers’ Capacities for Greater Financial Inclusion.  The MOA signing was the featured event at the Governance and AMLA Workshop at the New Horizon Hotel, Mandaluyong City on October 21, 2016. Through the said MOA, a grant from Citi Foundation will support new product development endeavors of ARDCI MBA, CARE MBA, K-MBA, and SEDP MBA. The product development proposals submitted by the said MBAs focused on the expansion of current reach and ...

    Posted at April 6, 2017 | By : | Categories : Newsletter | 0 Comment