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Regional Roundtable Meeting  for MABS Participating Banks November 5 & 17, 2008   MICROINSURANCE ACCESS  through Rural Banks OPTIMIZING THE BANK’S DOUBLE BOTTOM-LINE: QUALITY SERVICE + PROFITABILITY
MICROINSURANCE FOR THE POOR? REGERIO ARREZA RB Microfinance Client Health Insurance Subscriber
Client Demand for Microinsurance ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Based on the  February 2008 MABS Capability Building Needs Survey
We support the Insurance Commission’s vision and mission to: ,[object Object],[object Object],[object Object]
Insurance PENETRATION RATES Source:  ADB Asian Bonds Online Penetration in % GDP = Total Insurance Premium/GDP  (1995 - 2006) ,[object Object],[object Object],[object Object],[object Object],[object Object],Asian Markets Insurance Penetration (in %) KOREA 11.31 JAPAN 10.53 HONG KONG 10.45 SINGAPORE 8.15 MALAYSIA 4.8 THAILAND 3.45 CHINA 2.68 PHILIPPINES 1.49 INDONESIA 1.33
Availability of Microinsurance Types of Formal Insurance Offered by Rural Banks Based on the  February 2008 MABS Capability Building Needs Survey
Benefits to the RURAL BANKS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Formal Models for Microinsurance Provision
The PARTNERSHIP MODEL Provider Delivery Channel Target Market Market Information CLIENTS’ Feedback Microenterprise Clients Licensed Insurers RBAP-MABS Rural Banks
Microinsurance web portal HOME PAGE Why Microinsurance for RBs? The partner-agent model OVERVIEW NEWS & UPDATES Success Stories Monthly MABS highlights INSURANCE PRODUCTS Overview of MABS Log-in Essential Features Types of Insurance Available Products Product Matrices (Dynamic pages) By Type By Premium By coverage for dependents Partner Insurers Company Profile Contact Person(s) PARTNERS Participating Banks Commercial Insurance providers Regulatory Agencies Registration ALL PAGES Events & Announcements Stat Highlights Site Map REFERENCE LINKS Contact Us Events & Announcements Regulatory Issuances Microinsurance Publications MABS Initiatives Microinsurance Organizations By Face Amount Survey of MI products offered by RBs Downloadable materials RBAP Website Secured Access
Key Product Features ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Partner Insurance Providers for the RBAP-MABS Microinsurance Initiative
Insurance Partners ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
RBAP-MABS:  coordinating its efforts with  the Insurance Commission  and the Bangko Sentral ng Pilipinas
Policy Advocacy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
SERVICE + PROFITABILITY MICROINSURANCE RUTH ASERON MABS Microinsurance Coordinator [email_address] 02 – 400 0940 0917 – 8810481 Thank you!

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RBAP-MABS Microinsurance for Microenterprise Clients nov08

  • 1. Regional Roundtable Meeting for MABS Participating Banks November 5 & 17, 2008 MICROINSURANCE ACCESS through Rural Banks OPTIMIZING THE BANK’S DOUBLE BOTTOM-LINE: QUALITY SERVICE + PROFITABILITY
  • 2. MICROINSURANCE FOR THE POOR? REGERIO ARREZA RB Microfinance Client Health Insurance Subscriber
  • 3.
  • 4.
  • 5.
  • 6. Availability of Microinsurance Types of Formal Insurance Offered by Rural Banks Based on the February 2008 MABS Capability Building Needs Survey
  • 7.
  • 8. Formal Models for Microinsurance Provision
  • 9. The PARTNERSHIP MODEL Provider Delivery Channel Target Market Market Information CLIENTS’ Feedback Microenterprise Clients Licensed Insurers RBAP-MABS Rural Banks
  • 10. Microinsurance web portal HOME PAGE Why Microinsurance for RBs? The partner-agent model OVERVIEW NEWS & UPDATES Success Stories Monthly MABS highlights INSURANCE PRODUCTS Overview of MABS Log-in Essential Features Types of Insurance Available Products Product Matrices (Dynamic pages) By Type By Premium By coverage for dependents Partner Insurers Company Profile Contact Person(s) PARTNERS Participating Banks Commercial Insurance providers Regulatory Agencies Registration ALL PAGES Events & Announcements Stat Highlights Site Map REFERENCE LINKS Contact Us Events & Announcements Regulatory Issuances Microinsurance Publications MABS Initiatives Microinsurance Organizations By Face Amount Survey of MI products offered by RBs Downloadable materials RBAP Website Secured Access
  • 11.
  • 12. Partner Insurance Providers for the RBAP-MABS Microinsurance Initiative
  • 13.
  • 14. RBAP-MABS: coordinating its efforts with the Insurance Commission and the Bangko Sentral ng Pilipinas
  • 15.
  • 16. SERVICE + PROFITABILITY MICROINSURANCE RUTH ASERON MABS Microinsurance Coordinator [email_address] 02 – 400 0940 0917 – 8810481 Thank you!