Mi-MAP Secretariat held its two-day annual work planning for 2017 regular programs and projects at Casa de San Pablo in San Pablo City, Laguna on November 14–15, 2016. The Secretariat individually prepared and presented their respective 2017 annual work plan centered on the association’s goal of achieving 12 million members by 2024 insuring 48 million lives. In addition to the regular programs and projects, the Secretariat determined seven new undertakings that are expected to be carried out in 2017, to wit:
Mi-MAP conducted a learning session and workshop to further expound on the relevance of the Enterprise Risk Management (ERM) Framework to Microinsurance Mutual Benefit Associations (Mi-MBAs) at St. Giles Hotel in Makati City on September 21, 2016. Mr. Terence Narine, Actuarial Consultant of the Canadian Cooperative Association, gave an overview of the practice of Enterprise Risk Management in Canada and segued to the discussion of the concepts of ERM and Own Risk and Solvency Assessment (ORSA) tool. His presentation highlighted the important ...
Mr. Terence Narine, a volunteer technical advisor from the Canadian Cooperative Association (CCA), carried out his study visit in the Philippines on September 11–23, 2016.This is part of the initial stage of the CCA-supported PREMIUM Project — Bagong Araw Philippines: Rebuilding through Microinsurance and Women’s Micro-enterprises. The study visit included immersion in various MBAs where Mr. Narine gathered insights on microinsurance processes at the local level. He visited CARD MBA, CARE MBA, and Kasagana-Ka MBA where he observed several center meetings as well for first-hand information on the dynamics of MBA members. Aside from field visits, ...