CARD MBA Earns Insurance Commission Special Citation

CARD Mutual Benefit Association Inc. (CARD MBA), the microinsurance arm of CARD MRI, received a Special Citation from the Insurance Commission during its 76th anniversary celebration on March 20, 2025.

The awarding ceremony was held at Space One, Ayala in Makati City.

The Insurance Commission recognized CARD MBA for its vital contributions to financial protection and nation-building through sustainable, globally competitive operations.

The award highlights CARD MBA’s commitment to delivering affordable, high-quality life insurance and financial security to underserved Filipinos.

CEO Jocelyn D. Dequito accepted the award on behalf of the association.

“This recognition reflects our efforts and commitment to eradicating poverty by making insurance products and services more accessible,” said Dequito.

“It further strengthens our mission to ensure more Filipino families have access to the protection they deserve during uncertainties,” she added.

CARD MBA is one of the largest microinsurance providers in the Philippines, serving millions of low-income individuals and families nationwide.

It is a key institution within CARD MRI, a group of social development organizations focused on poverty alleviation through microfinance, insurance, education, and community-based programs.

As of 2024, CARD MBA has provided coverage to over 20 million clients and their families, with a track record of fast claims processing and community-oriented service.

The Insurance Commission, an agency under the Department of Finance, regulates and supervises insurance and pre-need companies in the country.

Its annual celebration recognizes industry players who exemplify innovation, integrity and impact in the field of insurance.