ICMIF represents the cooperative and mutual insurance sector
ICMIF aims to promote and work with the cooperative and mutual insurance sector globally by providing valuable, cutting-edge information and services to members and by representing the interests of the global cooperative and mutual insurance sector
With its global headquarters in the United Kingdom and regional offices in Washington DC, USA; Tokyo, Japan; and Brussels, Belgium; today ICMIF represents over 290 "people-centred insurers" in 75+ countries with over USD 300 billion in premium income.
Mutual and cooperative insurers have been significantly outperforming the rest of the insurance sector in the period since the global financial crisis of 2007-8.
The period between 2007 and 2014 has seen premium income for the world’s mutual and cooperative insurers grow by 22%, compared to 8% for the insurance market as a whole.
The global insurance market share held by cooperatives and mutuals has grown during the same period, from 23.7% in 2007 to 27.0% in 2015.