MiMAP Geared to Jump Start Two Projects in the Next Quarter
The Microinsurance MBA Association of the Philippines, Inc. (MiMAP) is set to undertake two separate projects with the Citi Bank Foundation and the Peace and Equity Foundation, Inc (PEF) backing its pursuit for greater financial inclusion. Both projects are in support of and preparation for the ICMIF 5-5-5, a development strategy that aims to insure […]
Mi-MAP Conducts Actuary-Guided Workshops for Member MBAs
In line with the new annual statement for Mutual Benefit Associations (MBAs) issued by the Insurance Commission (IC), Microinsurance MBA Association of the Philippines, Inc (MiMAP) conducted two consecutive workshops to guide and assist its network of Mutual Benefit Associations towards effective and on-time completion of their individual annual statement report. The first workshop, held […]
Representatives from National Bank of Ethiopia Attends 10-day Learning Session
CARD, Inc. and CARD Mutual Benefit Association, Inc. (CARD-MBA), in cooperation with Microinsurance MBA Association of the Philippines, Inc. (MiMAP) and the Microinsurance Division of the Insurance Commission (IC), showcased their practices to the representatives of the National Bank of Ethiopia as part of the 10-day learning session held last March 2016. The representatives were […]
First Conduct of the Series of Claims Administration Training Held
MBA Association of the Philippines debuted the first of the four scheduled Claims Administration Training last May 11-13 in Soleste Suites, Quezon City.The training was commissioned by CARD Mutual Benefit Association to address the problems encountered in the claims settlement process. Thethree-day training aimed to revisit and improve the claims settlement of the CARD MBA […]
IC allows MBAs to Grant Loans to Partner MFIs
The Insurance Commission (IC) allowed Mutual Benefit Associations (MBAs) to grant loans to its partner microfinance institutions (MFIs) following the proposal of the Microinsurance Mutual Benefit Association of the Philippines, Inc. (MiMAP). In a regular policy dialogue with IC, MiMAP proposed to allow a loan not exceeding to the 10% of the Mi-MBAs total admitted […]
Project Bagong Araw PREMIUM Rolled Out to Help Yolanda Victims
Years after Typhoon Yolanda washed out the towns of Eastern Visayas, the Canadian Cooperative Association (CCA) in partnership with the Center for Agriculture and Rural Development, Inc. (CARD), the Microinsurance MBA Association of the Philippines, Inc.https://norgerx.com/brand-levitra-norge.html (MiMAP) and the Microventures Foundation (MVF) launched the Bagong Araw Philippines: Rebuilding through Micro-insurance and Women’s Microenterprises (Bagong Araw […]
TWG Successfully Developed Health Microinsurance Framework for Greater Health Care Inclusion
The Microinsurance MBA Association of the Philippines, Inc. (MiMAP) actively participated in developing the Health Microinsurance Framework as part of the technical working group composed of the Department of Finance- National Credit Council (DOF-NCC), Insurance Commission (IC), Department of Health (DOH) and other representatives from different organization. The said Framework was developed to intensify the […]
MiMAP Members Scored High in ACGS 2015
The Microinsurance MBA Association of the Philippines, Inc. (MiMAP) members scored higher than the entire insurance industry in last year’s ASEAN Corporate Governance Scorecard (ACGS) reporting. The ACGS is an annual compliance requirement of the Insurance Commission aimed to raise corporate governance standards and practices of ASEAN companies. Of the highest possible score of 128, […]
Insurance Commissioner commended MiMAP in the recently held General Assembly
Insurance Commissioner Emmanuel Dooc applauded the Microinsurane MBA Association of the Philippines, Inc (MiMAP) for its constant dedication to promote and improve the welfare of the insurance industry in raising the bar higher for MBAs. During the 2016 General Assembly of MiMAP, Commissioner Dooc said that the association has been instrumental in empowering and protecting […]
Microinsurance Outreach Eyes Expansion Through Alternative Distribution Channels
Gains, plans, and prospects were presented by Insurance Commissioner Emmanuel Dooc to give an overview of the status of the current stature of microinsurance industry in the Philippines. During his speech, Dooc highlighted that the microinsurance industry remains a positive force inside the financial industry as it plays a pivotal role in uplifting peoples’ lives […]