RIMANSI Annual General Meeting

Pasig—MiMAP (RIMANSI) had its three-day Annual General Meeting from March 26-28 of 2018. The AGM was guided by the theme “Deepening Outreach for Greater Financial Inclusion.”


On the first day of the AGM, 22 members from 11 Mi-MBAs were oriented on the programs and services offered by MiMAP at the Medical Plaza Ortigas Building in Pasig City. Firstly, a background and history of MiMAP were presented to the participants. Then, updates and services were discussed to the Mi-MBAs. This includes the overview and information on the following:  association updates, service package 1, service package 2 and service package 3, trainings, the mutual security fund, the BPI Bayanihan UITF, Catastrophe Reinsurance, MIS for Mi-MBAs, and RMSI products and services.


On the second day, the General Assembly and Board Meeting was held at the Ace Hotel & Suites in Pasig City. It was attended by 52 participants coming from the MiMAP board and management staff, the network of Mi-MBAs, and key association partners. During this time, a Certificate of Associate Membership was given to CCT MBA and NSCC MBA, respectively.  Also, the BPI Bayanihan Balanced Fund, a Unit Investment Trust Fund of BPI Asset Management and Trust Corporation, was launched during this segment of the AGM.

On the third and final day there were two learning sessions conducted to cap off the AGM. There was the Philippine-Canada Learning and Sharing Forum on Product Bundling organized in partnership with Canadian regulatory experts Mr. Anatol Monid and Mr. Waqas Rana which was attended by 37 participants (64% women) from the government regulatory and policy bodies, providers of life insurance, non-life insurance, microinsurance and pre-need including Mi-MBAs, and private and technical partners. The next session that followed was the Learning Session on Excellence in Good Governance in relation to Kasagana-Ka MBA placing 9th overall in ACGS. The session taught Mi-MBAs and partner MFIs how to improve their performance and rating in ACGS, with reference in particular to KMBA’s high placement in the ACGS.