KMBA is under the supervision of the Insurance Commission, the Philippine Government body tasked “to protect the interest and welfare of the insuring public and to develop and strengthen the insurance industry” (www.insurance.gov.ph).
KMBA is a partner of the RIMANSI Organization for Asia and the Pacific, Inc., “a microinsurance technical resource center established by leading microfinance institutions in the Philippines to promote universal risk protection for the socio-economically disadvantaged in the Asia and the Pacific” (www.rimansi.org).
Another KMBA partner is Bankers Assurance Corporation (www.bankersassurance.com.ph), through which KMBA’s K-Kalinga is being underwritten.
KMBA has a partnership with PhilHealth (Philippine Health Insurance Corporation) in the
enrolment of individually-paying members in the iGroup (formerly KaSAPI or Kalusugang
Sigurado at Abot-Kaya sa PhilHealth Insurance) Program (www.philhealth.gov.ph).
SICAT (Social Initiative Against Catastrophe) – a nonstock, nonprofit organization of mutual benefit organizations that provides immediate financial and other forms assistance to survivors of man-made and natural disasters – is a KMBA partner in extending relief
assistance to members who suffer residential house damage.
CAPS-R INC.(Archdiocese of Cebu) is KMBA’s partner in Cebu in the provision of microinsurance to associate members. www.facebook.com/cebu.caritas