HISTORY


USWAG Mutual Benefit Association Inc. provides affordable insurance products and services to low income families. Organized in 2019, USWAG MBA is a sister organization of the USWAG DEVELOPMENT FOUNDATION, INC. (A Microfinance NGO), whose client-beneficiaries and staff constitute USWAG MBA’s primary members. USWAG MBA traces its creation to USWAG DEVELOPMENT FOUNDATION, INC. (A Microfinance NGO), for which it provides various products and services for the latter’s microinsurance program. USWAG MBA’s initial fund was sourced from a donation from USWAG DEVELOPMENT FOUNDATION, INC. (A Microfinance NGO), which likewise has since been contributing its community presence and center collection infrastructures to USWAG MBA’s field operations.

USWAG MBA was registered with the Securities and Exchange Commission (SEC) in September 2019, and was given a license to operate as a mutual benefit association by the Insurance Commission (IC) in July 2022. It is a non-stock not-for-profit organization owned and managed by its members.