The National Microinsurance Forum 2020 on “Value Creation through Partnership and Collaboration”

PASAY CITY – On 30 January 2020 (THURSDAY), the Microinsurance MBA Association of the Philippines (MiMAP), also known as RIMANSI, organized the National Microinsurance Forum at the Philippine International Convention Center in Pasay City.

Mi-MBA Association of the Philippines, Inc. (MiMAP) conducts Needs Assessment for Member Education and Management Information System (MIS)

QUEZON CITY, MANILA — On 20 January 2020 (MONDAY), the Microinsurance MBA Association of the Philippines (MiMAP), also known as RIMANSI, marked the start of the 3rd phase of the Citi Project. MiMAP—in partnership with Citi Foundation—conducted a Needs Assessment for Member Education and Management Information System (MIS) at the Kasagana-Ka MBA Member Center building in Quezon City, Manila.

Governance and AMLA Workshop conducted for Mi-MBA board and management staff

MANILA—From June 5 to 7 of 2019, board, managers and staff of eight microinsurance MBAs attended the Governance and Anti-Money Laundering Act (AMLA) Workshop (GAW) at the Manila Prince Hotel in Ermita, Manila.

RIMANSI goes to Sorsogon for PALMFSI-CARE MBA Partnership Review

Sorsogon—From May 21–22, 2019, Microinsurance MBA Association of the Philippines (MiMAP also known as RIMANSI) facilitated the PALMFSI-CARE MBA Partnership Review to assess the status of the partnership of two institutions by looking at the accomplishments and objectives met.

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At-a-Glance - December 2019

Mi-MBA Members - Partners

18

Membership

6.86 Million

Individual Insured

24.93 Million

Contribution - Premium

4.81 Billion

Claims - Paid

1.43 Billion

Equity Value Cumulative

10.24 Billion

Equity Value For The Year

956.10 Million

Release of Equity Value

447.82 Billion

Total Number of Claims Paid (BLIP)

65,053

Average Amounts of Death Claims per Day

3.91 Million

Average Number of Death Claims per Day

178

Mi-MBA Claims Updates during National State of Calamity

Covered Period : March 16 – 27

“No Covid 19 related death reported”

Total amount of claims paid

21.71 Million

Average amount of claims paid daily

2.58 Million

Total numbers of claims paid

1,083

Average numbers of claims paid daily

132

Stories Behind Us

ISLA AVP
Bayanihan

Events

Annual General Meeting
March 26-27, 2020
Annual General Meeting @ Ace Hotel and Suites