Prudential notes increase in 2011 microinsurance claims

THURSDAY, 19 APRIL 2012 20:26 JUN VALLECERA / REPORTER. BUSINESS MIRROR  THE Philippine Prudential Insurance Co. Inc. has reported paying more than P22 million worth of claims in 2011, a substantial increase compared to 2010 when payouts totaled only P2.49 million. Company officials said this indicated a renewed and more vigorous pursuit of a program [...]

Making public-private partnerships work for better insurance coverage

Ghana Business News - Haiti is the poorest country in the Western Hemisphere and has seen more than its share of both natural and man-made disasters. In a country like Haiti, microfinance not only helps to create jobs and income, but becomes a relief and survival strategy after disaster. Sarah Bel, Information Officer for the ILO’s [...]

TOP FIVE tips to build a successful microinsurance partnership

Microinsurance Innovation Facility – Highlights on the recently conducted webinar on Managing Partnerships in Microinsurance: A successful partnership requires a clear understanding of the business problem that a distribution partner has and how insurance is going to fix it. Financial incentives such as commissions may not be sufficient (see Emerging Insights #32). Will insurance help [...]

RBAP Continues the Successful Roll-out of the Basic Microinsurance Training Program

The Rural Bankers Association of the Philippines-Microenterprise Access to Banking Services (RBAP-MABS) Program and the Rural Bankers Research and Development Foundation, Inc. (RBRDFI) continue to conduct the two-day Basic Microinsurance Training Program for rural banks that want to offer affordable microinsurance products to their clients as authorized by the Insurance Commission (IC) and the Bangko [...]