• ERM Framework and ORSA Tool Eyed for Financial Inclusion

    Mi-MAP will develop an Enterprise Risk Management (ERM) Framework and Own Risk and Solvency Assessment (ORSA) Tool for Microinsurance MBAs (Mi-MBAs) under the program “Building Microinsurers Capacities for Greater Financial Inclusion”. This is made possible through the support from the Peace and Equity Foundation (PEF). The Enterprise Risk Management is designed to identify potential events that may affect an MBA, manage its consequential risks and provide reasonable assurance of objective achievement. Mi-MAP will develop risk policy and register and define the identified risks through a one-day workshop with at least twenty (20) Management/Board from Mi-MBAs. The Own ...

    Posted at December 20, 2016 | By : | Categories : Newsletter | 0 Comment
  • Mi-MAP Conducts Program for Building Microinsurers Capacities

    In line with its long-term goal of achieving 12 million members covering 48 million lives by the year 2024, Mi-MAP co-established the program, Building Microinsurers Capacities for Greater Financial Inclusion. The main mission of the program is to help Mi-MBAs achieve and sustain membership growth through capacity building interventions such as in developing new products, investment management, governance and management training to sustain growth. This program will be funded by CITI Foundation. The said capacity building program will constitute three components. The professional training program will develop new courses in good governance, best business risk management practices ...

    Posted at December 20, 2016 | By : | Categories : Newsletter | 0 Comment
  • PREMIUM Update: CCA Actuarial Consultant Narine`s Philippine Study Visit

      The Canadian Co-ooperative Association (CCA)-supported project Micro-insurance and Women’s Microenterprises (Bagong Araw PREMIUM Project) is on smooth implementation. The latest breakthrough for this project is the hiring of Mr. Terrence Narine as International Actuarial Consultant. The initial stage of this endeavour is the study visit by Mr. Narine last September 11 to 23, 2016. After his orientation at the Mi-MAP head office, he proceeded with his immersion to various MBAs. He had his first meeting with the Center for Agriculture and Rural Development (CARD) Mutual Benefit Association, Inc. in ...

    Posted at December 20, 2016 | By : | Categories : Newsletter | 0 Comment