The CLIMBS Life and General Insurance Cooperative, one of the promising federation insurance providers in the Philippines, recently held its highly anticipated General Assembly on April 26-27, 2023, at the prestigious Atrium in Limketkai Center, Lapasan, Cagayan de Oro City.
At the heart of the event, resonating with the theme “Strengthening our Identity for Cooperative Sustainability,” was the purpose of uniting cooperative members, stakeholders, and industry experts. The collective gathering aimed to spark in-depth conversations and generate actionable strategies and initiatives, with the ultimate goal, that is, to elevate the cooperative’s identity to new heights, ensuring its long-term sustainability.
The General Assembly commenced with a grand opening ceremony, showcasing the cooperative’s commitment to inclusivity and unity. Participants were welcomed with vibrant displays of cooperative banners, highlighting the CLIMBS Life and General Insurance Cooperative’s logo, symbolic of its core values and principles, followed by the educational forum, cooperative excellence awards, and cooperative fellowship night.
In a keynote address delivered by the Vice Chairperson and Executive Director of the Philippines’ Climate Change Commission Sec. Robert EA Borje emphasized the importance of strengthening the cooperative’s identity as a critical driver for its environmental sustainability. He highlighted the cooperative’s mission to provide reliable insurance services while promoting the values of solidarity, social responsibility, and mutual assistance within its membership.
The various presentations on sustainability concerning Climate Change and Parametric Catastrophe Insurance, all made by renowned speakers, were truly enriching as we face realities that impact our members and the need for the cooperative to plan and take action to improve service delivery.
The Board and Management Sustainability Report presented by the CEO Noel D. Raboy and the various committee reports assured stakeholders that CLIMBS has a safe and sound operation.
As part of the General Assembly, CLIMBS Life and General Insurance Cooperative took the opportunity to honor outstanding individuals and cooperatives for their exemplary contributions to the federation. Awards were presented to cooperatives who demonstrated exceptional performance in various areas. Tagum Cooperative dominated nine awards namely, Increase in Premium (Life), Increase in Premium (Non Life), Special CAC Award, Top 5 CAC Achiever (Mindanao), Top 5 Investor (Mindanao), Top 5 Premium Producer (Life and Non Life, National Level), Top 10 Premium Producer (Non Life, National Level) and Top Premium Producer (Life and Non Life, Regional Level)
Embedded within the theme of cooperative sustainability was a strong focus on social responsibility. CLIMBS Life and General Insurance Cooperative demonstrated its dedication to giving back to the community through various corporate social responsibility activities to create a positive image of the cooperative, thereby building cooperative identity in the community.
The CLIMBS Life and General Insurance Cooperative General Assembly 2023 achieved remarkable success, focusing on strengthening identity and ensuring sustainability. The event featured insightful discussions, collaborations, and recognition with Tagum Cooperative sets the bar of excellence, achieving various awards.
As an investor of CLIMBS , we take an active part in governance. This year, Tagum Cooperative sits on the CLIMBS Board of Directors thru the excellent representation of Dir. Noel O. Quidilla.