Microinsurance MBA Association of the Philippines, Inc. also known as RIMANSI was established in 2005 to help professionalize the management of mutual benefit associations (MBAs) and microinsurance services that provide affordable, comprehensive, and quality risk protection to millions of poor people in Asia and the Pacific.
Towards this purpose, RIMANSI provides assistance in developing risk management solutions to member-owned microinsurers, especially MBAs, strengthening their capacity in providing risk protection services to the poor on a sustainable basis. RIMANSI advocates for a policy environment conducive to microinsurance development. RIMANSI also engages in research and development activities in collaboration with varied think-tanks, regulators, and practitioners to further contribute to the microinsurance industry in the Philippines.
For the past ten years, it has been in the forefront of providing business development support services to rural development finance organizations to promote universal risk protection for the vulnerable sectors of the society.