The National Reinsurance Corporation of the Philippines (Nat Re) was recently recognized by the RIMANSI Mutual Solutions Insurance Agency, Inc. (RMSI) for the decade-long support and assistance the national reinsurer has provided toward narrowing the country’s financial inequality gap, among other contributions.
During RMSI’s 10th anniversary celebration, RMSI presented Nat Re with a plaque of appreciation “for your boundless support, dedication, and commitment in bridging the inequality gap through risk protection among varied channels – by uplifting more lives to achieve financial resiliency.”
“We at Nat Re are proud to receive this recognition from our long-time partner, RMSI. At Nat Re, we believe that access to affordable and comprehensive insurance solutions is crucial to achieving financial resiliency, particularly for underserved communities. This honor inspires us to continue supporting and promoting a strong and sustainable national insurance industry and help optimize national and regional risk retentions to achieve stronger resilience and financial inclusion,” said Allan R. Santos, Nat Re President and Chief Executive Officer.
RMSI is a social enterprise that aims to make available a variety of high-quality and affordable risk-free micro insurance products and services to uninsured and underinsured low-income Filipinos.
To deliver its products and services throughout the Philippines, RMSI works through network organizations which include cooperatives, rural banks, microinsurance institutions, corporations, and even schools.