MIMAP – Microinsurance MBA Association of the Philippines Inc.

Driving Microinsurance growth through Fintech project, Gov’t and Private sector support

Driving Microinsurance growth through Fintech project, Gov’t and Private sector support

In the wake of the COVID-19 pandemic, technology has played an even more central role in society. Due to community lockdowns and restrictions on mobility and mass gatherings implemented across the globe, almost all aspects of life became tech-driven, where most operations were performed remotely and digitally to help contain the virus

18th General Assembly Meeting

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National Microinsurance Forum Showcases a Thriving Microinsurance Sector

The government and the private sector work together with microinsurance mutual benefit associations to bring microinsurance to millions of Filipinos.

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.

At-a-Glance - December 2022

Mi-MBA Members - Partners

Membership

8.16 Million

Individuals Insured

29.25 Million

Contribution, Premium

6.79 Billion

Amount of Claims Paid

2.33 Billion

Equity Value, Cumulative

14.69 Billion

Equity Value For The Year

1.69 Billion

Released Amount of Equity Value

625.62 Million

Total Number of Claims Paid (BLIP)

88,673

Average Amount of Claims Paid per Day

6.47 Million

Average Number of Claims Paid per Day

246

Stories Behind Us

#NMiForum2022 Session 1
Improving climate resilience of poor & developing communities

#NMiForum2022 Session 3
Securing protection & resilience of MSMEs

#NMiForum2022 Session 2
Managing products & distribution innovations

#NMiForum2022 Session 4
Improving employment environment

Events

18th Annual General Meeting

March 14, 2023

18th Annual General Meeting

Calendar of Activities

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