The document summarizes the progress of the Rural Bankers Association of the Philippines' (RBAP) microinsurance training program and agent licensing approach. As of September 2011, 136 rural banks had been trained in basic microinsurance, resulting in 270 bank staff being trained as microinsurance soliciting officers. Seven banks had been approved for microinsurance agent licensing, with 11 licensed bank officers. The document outlines RBAP's role in coordinating rural bank licensing requirements with the Insurance Commission and Bangko Sentral ng Pilipinas. It also discusses expediting microinsurance agent licensing and product approval procedures.