The Enhanced Regulatory Framework was conceptualized by a technical working group (TWG) composed of the IC, Department of Finance, other government agencies and private sectors, including the Microinsurance MBA Association of the Philippines (RIMANSI) The Insurance Commission (IC) circulated a letter mandating Mutual Benefit Associations (MBAs) among others to adopt and implement the Enhanced Regulatory Framework in their respective associations. The enhanced framework was taken off from the Regulatory Framework for Microinsurance launched by the Philippine government in January 2010. With the positive response of the insurance industry in this initiative, the government aims to expand ...
Canadian volunteer-consultants shared their best practices relevant to Mutual Benefit Associations (MBAs) in the country in the learning session organized by the Microinsurance MBA Association of the Philippines, Inc. (MiMAP) held last July 24, 2015. MBAs and partner MFIs participated in the one-day event that is focused on evaluating potential partner agents for Mi-MBAs. Marvin Pawlisky, Business Development Manager- Western Canada of the Co-operators Group Auto and Home Program and Celine Lachance, Product Specialist of the Co-operators Insurance introduced their organization and showed their ...
The Microinsurance MBA Association of the Philippines, Inc. (MiMAP) welcomed National Confederation of Cooperatives Mutual Benefits Association, Inc. (NATCCO MBA), Tulay sa Pag-unlad Mutual Benefit Association, Inc(TSPI MBA) and ARDCI Mutual Benefit Association (ARDCI MBA) in its growing network of Mi-MBAs as associate members. The three MBAs joined the network of Mi-MBAs under MiMAP. Being associate members, NATCCO MBA, TSPI MBA and ARDCI MBA are entitled to participate to all the activities of the Association. They are subjected to re-evaluation after a year of membership.