Thursday 22 September 2022

AM BEST TO PRESENT AT MICROINSURANCE NETWORK'S VIRTUAL COUNTRY WORKSHOPS

KUALA LUMPUR, Sept 21 (Bernama) -- Global credit rating agency, AM Best will sponsor and deliver a presentation at the Microinsurance Network’s virtual country workshops for India and the Philippines, taking place Sept 21 and 26, respectively.

The Microinsurance Network was established in 2002 by donors, multilateral agencies, non-governmental organisations, private insurance companies and other interested parties, and is the only global multi-stakeholder platform that promotes the development and delivery of effective risk management tools, including insurance services, for underserved people.

During these workshops, Rob Curtis, managing director of market development for the Asia-Pacific region at AM Best, will speak on the importance of supporting environmental, social and governance principals through the rating agency’s credit rating criteria.

United States-headquartered AM Best is a sponsor of each event. The India workshop is themed “Democratising Insurance: Driving Inclusion Through Innovation.” The Philippine-focused event is titled, “Nature-Positive Insurance: The Upside For People, Planet And Business”; The Philippine Insurers and Reinsurers Association is a co-sponsor.

AM Best has played a key role in these country workshops, and has participated and/or sponsored ones focused on the insurance markets of Brazil, Mexico and Morocco, as well as a previous workshop on the Philippines; each event addressed barriers and possible solutions needed for developing a microinsurance market.

According to a statement, Curtis recently joined AM Best after more than three decades of experience in the insurance industry, and previously was the head of the major groups and technical expert teams at Hong Kong’s Insurance Authority (IA), responsible for the development of Hong Kong’s new group-wide supervision and macro-prudential frameworks.

He is also co-chief executive officer of A.M. Best Asia-Pacific (Singapore) Pte. Ltd.

For more information, visit www.ambest.com.

-- BERNAMA

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