CLIMBS Life and General Insurance Cooperative Official

🌾 Co-op Member Story: San Basilio Multi-Purpose Cooperative 🌾 Discover the remarkable journey of San Basilio Multi-Purpose Cooperative and its dedicated farmer-members as they navigate the challenges of unpredictable weather with the support of Weather Protect Insurance (WPI). This comprehensive coverage has been a game-changer, safeguarding their livelihoods and providing essential peace of mind during uncertain times. At CLIMBS, we are immensely proud to collaborate with global partners, driving transformative changes beyond traditional insurance solutions. Our mission is to empower co-ops to thrive in a changing climate, ensuring their lasting resilience and success. This inspiring story of resilience and determination epitomizes our unwavering commitment to building a brighter future, one co-op at a time. Together, we are fostering an environment where co-ops can flourish, securing a sustainable and prosperous future for all. 🌟 #ParametricInsurance #CLIMBSInsurance #ClimateInsurance #InsuringWhereYouAre

🌾 Weather Protect Insurance Payouts in Action! We are proud to hand over the claim checks to Abucay Multi-Purpose Cooperative and Capitol Employees of Bataan Multi-purpose Cooperative (CEmBa MPC) who were affected by the recent drought in Bataan Province, island of Luzon, Philippines. This moment exemplifies the true value of Weather Protect Insurance (WPI), providing swift financial support when needed. Our parametric insurance is designed to help our members recover quickly from weather-related setbacks by covering excess rainfall, high wind speeds, and drought. With fast, hassle-free claims processing, payouts are triggered automatically when thresholds are met, ensuring immediate relief and peace of mind for our members. At CLIMBS, we aim to champion a sustainable and resilient future for our communities. By embracing agricultural protection through #ParametricInsurance, we collectively safeguard the livelihoods and fortify our communities against the unpredictability of climate impacts. Together, let's build a more resilient future for everyone. 🌳 #CLIMBSInsurance #ClimateInsurance #InsuringWhereYouAre

We couldn't agree more with our President and CEO Noel! Parametric insurance, backed by the precision and reliability of satellite data, truly represents a game-changer in risk management and claims settlement. With timely, transparent, and dependable payouts, this innovative model bolsters financial resilience and speeds up recovery from adverse events. At CLIMBS, we've seen the incredible benefits of parametric insurance firsthand in the Philippines. As satellite technologies continue to advance, we're excited about the growing potential to protect our communities from the increasing risks brought by climate change. Here's to harnessing the power of technology for a safer and more resilient future! #ParametricInsurance #CLIMBSInsurance #ClimateInsurance #InsuringWhereYouAre

In the latest column, "All About Choices", in The Manila Times by Mr. Ludwig Oscuro Federigan, EMDRCM, CBP, the exploration of #parametric insurance as a strategic tool for disaster management is both timely and insightful. The points about how parametric insurance encourages better disaster preparedness and risk management practices are especially compelling. The idea that it can drive the development of robust early warning systems, evacuation plans, and resilient infrastructure, while also promoting community education on disaster preparedness, is crucial. Moreover, the perspective shared on how parametric insurance could have mitigated the financial impacts of disasters like STs Haiyan and Rai, by providing immediate liquidity, underscores its potential to transform our response and recovery efforts. This aligns perfectly with our [Weather Protect Insurance (WPI)], which aims to provide similar financial resilience and prompt recovery support for communities affected by severe weather events in the Philippines. #CLIMBSInsurance #ParametricInsurance #ClimateInsurance #InsuringWhereYouAre

In the latest column, "All About Choices", in The Manila Times by Mr. Ludwig Oscuro Federigan, EMDRCM, CBP, the exploration of #parametric insurance as a strategic tool for disaster management is both timely and insightful. The points about how parametric insurance encourages better disaster preparedness and risk management practices are especially compelling. The idea that it can drive the development of robust early warning systems, evacuation plans, and resilient infrastructure, while also promoting community education on disaster preparedness, is crucial. Moreover, the perspective shared on how parametric insurance could have mitigated the financial impacts of disasters like STs Haiyan and Rai, by providing immediate liquidity, underscores its potential to transform our response and recovery efforts. This aligns perfectly with our [Weather Protect Insurance (WPI)], which aims to provide similar financial resilience and prompt recovery support for communities affected by severe weather events in the Philippines. #CLIMBSInsurance #ParametricInsurance #ClimateInsurance #InsuringWhereYouAre

🌏 Our recent CLIMBS Climate Insurance Regional Forums held in Ormoc City (Province of Leyte, Eastern Visayas), and in Davao City (Province of Davao del Sur) were another success that we celebrate. This event brought together a combined total of 134 dedicated participants from 74 co-operatives across the provinces of Leyte and Davao. Ormoc City Forum Highlights: 👥 Participants: 54 🏢 Co-operatives Represented: 30 Davao City Forum Highlights: 👥 Participants: 80 🏢 Co-operatives Represented: 44 These gatherings mark significant milestones in our mission to mitigate the impacts of climate change on the co-operative and agricultural sectors. By fostering collaboration and knowledge-sharing among co-ops, we are advancing towards greater sustainability and resilience. Our commitment to this cause is further strengthened by our global partners, who play a crucial role in supporting our initiatives. Together, we are building a more sustainable future for co-ops, ensuring they are better equipped to face the challenges posed by climate change. 🔔 Stay tuned for more updates! #CLIMBSInsurance #ClimateInsurance #InsuringWhereYouAre

🌏 Our recent CLIMBS Climate Insurance Regional Forums held in Ormoc City (Province of Leyte, Eastern Visayas), and in Davao City (Province of Davao del Sur) were another success that we celebrate. This event brought together a combined total of 134 dedicated participants from 74 co-operatives across the provinces of Leyte and Davao. Ormoc City Forum Highlights: 👥 Participants: 54 🏢 Co-operatives Represented: 30 Davao City Forum Highlights: 👥 Participants: 80 🏢 Co-operatives Represented: 44 These gatherings mark significant milestones in our mission to mitigate the impacts of climate change on the co-operative and agricultural sectors. By fostering collaboration and knowledge-sharing among co-ops, we are advancing towards greater sustainability and resilience. Our commitment to this cause is further strengthened by our global partners, who play a crucial role in supporting our initiatives. Together, we are building a more sustainable future for co-ops, ensuring they are better equipped to face the challenges posed by climate change. 🔔 Stay tuned for more updates! #CLIMBSInsurance #ClimateInsurance #InsuringWhereYouAre

🚀 CLIMBS shares the Weather Protect Insurance (WPI) Experience at the United Nations Austria Symposium 2024! 🌏 We are delighted to reflect on the recent presentation by Mr. Noel Raboy, President and CEO of CLIMBS Life and General Insurance Cooperative, at the United Nations Austria Symposium 2024 in Graz, Austria. 🔹 Panel Session: "Capacity Building: Implementing New Tools for Widespread and Effective Use". He is joined by one of our global partners, IBISA NETWORK, and is represented by their CEO, Ms. Maria Mateo Iborra. The symposium served as a vital platform for leaders and innovators to exchange knowledge and foster global collaboration. The insights shared are set to inspire and guide many in the field of effective capacity building. We are proud of our involvement in such an influential event and look forward to continuing our journey of innovation and global partnerships. #UNAustriaSymposium2024 #GlobalGoals #CapacityBuilding #CLIMBSInsurance #ClimateInsurance #InsuringWhereYouAre

🌾 Co-op Member Success Story: Carmen Samahang Nayon Multi-Purpose Cooperative [Visayas, Philippines] We are delighted to share the inspiring journey of Carmen Samahang Nayon Multi-Purpose Cooperative and their resilient farmer-members. 🌱 Through the implementation of CLIMBS' Weather Protect Insurance (WPI), this co-operative has experienced remarkable benefits that have fortified their community and ensured sustainable agricultural practices. Unpredictable weather patterns have always posed significant challenges to our farmer-members. The introduction of Weather Protect Insurance (WPI) provided crucial protection, mitigating the financial risks associated with adverse weather conditions. By offering timely payouts during natural calamities, this insurance has allowed farmers to recover quickly and maintain their productivity. One of the most profound impacts of Weather Protect Insurance (WPI) is the peace of mind it brings. Farmers can now focus on improving their agricultural techniques without the constant worry of weather-related losses. This security encourages them to invest in better technologies and sustainable practices, knowing their efforts are safeguarded. At CLIMBS, our commitment to fostering sustainable and climate-resilient co-operatives and communities remains unwavering. 🌏 Together with our global partners, we are dedicated to supporting and empowering co-ops to thrive amidst a changing climate. Our mission transcends insurance--it encompasses the holistic development of resilient and prosperous communities. ✨ Join us in celebrating the resilience and determination of co-op communities like Carmen Samahang Nayon Multi-Purpose Cooperative. Their story is a testament to the power of innovative solutions and strong partnerships in building a sustainable future. Together, we can create a brighter, more resilient future. 🌟 #ParametricInsurance #CLIMBSInsurance #WeatherProtectInsurance #ClimateInsurance #InsuringWhereYouAre