CARD MRI recognized by Kenya’s CIC Insurance Group for advancing microinsurance

MANILA, Philippines — CARD MRI has been recognized by Kenya-based CIC Insurance Group for its contribution to expanding microinsurance and strengthening international cooperation in providing financial protection to underserved communities.

The recognition highlights the strategic partnership between CARD Mutual Benefit Association (CARD MBA), a member of CARD MRI, and CIC Impact, a newly established subsidiary of CIC Insurance Group.
CIC Impact focuses on providing accessible insurance protection to low-income families, micro, small, and medium enterprises (MSMEs), and workers in the informal sector.

Under the partnership, CARD MBA will share its technical expertise, operational systems, and established practices with CIC Impact. The collaboration will support staff development, digital technology integration, and the expansion of microinsurance services among vulnerable communities in Kenya.

“Our mission goes beyond the Philippines. By sharing our knowledge, we aim to help partners like CIC Impact deliver simple, affordable insurance solutions that improve lives,” said CARD MRI Founder and Chair Emeritus Dr. Jaime Aristotle Alip.

CARD MRI recognized by Kenya’s CIC Insurance Group for advancing microinsurance

CIC Insurance Group Chairman Dr. Nelson Kuria (left) and CIC Insurance Group MD & CEO Patrick Nyagah (right) presented the trophy of recognition to CARD MRI Founder and Chair Emeritus Dr. Jaime Aristotle Alip (center) during the launch of CIC Impact in Kenya.CARD Mutually Reinforcing Institutions (CARD MRI) was recognized by CIC Insurance Group for its efforts to champion global financial inclusion during the official launch of CIC Impact on July 30, 2026, in Nairobi, Kenya.

CARD MRI, a pioneer in microfinance and microinsurance in the Philippines, continues to pursue international partnerships aimed at sharing its social development experience with institutions across Southeast Asia and Africa.

The organization said these collaborations form part of its broader efforts to promote inclusive financial protection and make insurance more accessible to underserved sectors.