RIMANSI protects 56% of the 48.98 million lives in the Philippines, with Microinsurance
10 August 2022In the Philippines, marginalized populations have very limited access to credit and insurance services. Formal insurance providers were simply not reaching the vulnerable and impoverished people of the region due to challenges such as collecting premiums, managing co-variant risks, adverse selection processes and moral hazards. Yet sadly, research had shown that 20% of the population […]