CIB focuses on providing accessible and affordable microinsurance to the average Filipino through innovative digital and retail channels, expanding the scope of what insurance can do in the Philippines.
CIB operates through the CashKO platform, which is operated by RuralNet Inc. The CashKO platform connects various financial and retail partner institutions across the country with wide array of financial services – including insurance, remittances, bills payment, load and government documents.
CIB is the Philippines’ first fully digital insurance brokerage. Focusing on microinsurance, CIB works on innovative ways to bring insurance closer to the customer exactly when they need it, at an affordable price. By using data analytics and its proprietary platform and APIs, CIB customizes insurance offerings for every partner to cater specifically to their client base and to be easily cross-sold by their employees. CIB also works closely with insurers and its partner institutions to digitize the application and claims process, improving operational efficiency.
CIB enables a wide array of channels to cross-sell microinsurance. Primarily, CIB works with mid-size financial institutions like the Rural Banks, Thrift Banks, Cooperatives, and Microfinance Institutions with widespread reach across the Philippines. CIB also taps retail institutions such as pawnshops, pharmacies, and convenience stores with high customer traffic. Using the grassroots reach and thelarge existing client base of our partner institutions, we can effectively bundle and sell affordable insurance to the mass market at scale.
CIB leverages RuralNet’s network of partners, which includes more than 100 financial institutions with almost 500 branches nationwide and is expanding rapidly.
CIB focuses on providing accessible and affordable microinsurance to the average Filipino through innovative digital and retail channels, expanding the scope of what insurance can do in the Philippines.
CIB focuses on providing accessible and affordable microinsurance to the average Filipino through innovative digital and retail channels, expanding the scope of what insurance can do in the Philippines.
CIB focuses on providing accessible and affordable microinsurance to the average Filipino through innovative digital and retail channels, expanding the scope of what insurance can do in the Philippines.
CIB focuses on providing accessible and affordable microinsurance to the average Filipino through innovative digital and retail channels, expanding the scope of what insurance can do in the Philippines.
as of this Date Customers served
Covered by CashKo Insurance Brokerage
RuralNet and its affiliate companies have assembled a solid management team with strong experience in banking and Information technology.
With its own in-house development team, Designex International Corporation, RuralNet rapidly develops robust and
secure back-end systems to support its partners and product development.
CashKO Insurance Brokerage (CIB) is a wholly-owned subsidiary of RuralNet Inc.,
and a life and non-life insurance brokerage.
2022 annual corporate governance report
CashKO Insurance Brokerage (CIB) is a financial technology company that helps
the unbanked Filipino access basic financial services.
RuralNet enables its partner institutions to provides these services throught their branches using its platform, CashKO.
Lowest-income households actually need insurance the most. Without saving,
they are valnerable to sudden financial shocks, such as:
Sickness
Accident & death
Fire, flood & disasters
Out Digital Insurance Plateform provides everything you need
to sell microinsurance, including back office support and
front-liner incentives.
Online policy applicate and issuance
Real-time settlement, commissions & reports
Claims submission & tracking system
Front-liner sales tools & personal incentives
Get in touch and let's make possibilities and opportunities together.
