News Hub

Surco Seguros Competition

Last December, ICMIF member SURCO Seguros of Uruguay organised a national competition for school children as part of their celebrations of the United Nations International Year of Cooperatives (IYC2012) and also as part of their CSR activities. The competition was… [READ MORE]

Peter Burrows, Engage Mutual

One of ICMIF’s UK member organisations, Engage Mutual, has again been recognised by an annual UK customer satisfaction survey for its commitment to outstanding customer service. The LAMRA industry benchmark survey polls over 6,000 participants to assess customer satisfaction across… [READ MORE]

John Balmforth and Jean-Victor Ngue

At the end of April 2013, Allnations, ICMIF’s capital support facility, completed its fifth investment in an ICMIF member organisation. GMC Assurances (Garantie Mutuelle des Cadres, also known as GMC) has been granted a loan of USD 300,000 to assist… [READ MORE]

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Cooperatives and mutuals are by definition more sustainable enterprises and in a recent ranking of the G-7’s 35 largest cooperatives by Corporate Knights, ICMIF members featured as the top three performers. The top ten rankings are based on an extensive… [READ MORE]

Mike Ashurst at the ICMIF 2012 Meeting of Reinsurance Officials

Many mutual insurers choose to recruit people who share the social values and purpose as those that are key to their organisation. When executed correctly this strategy creates a lasting bond between employees and employer, says Mike Ashurst, Vice-President for… [READ MORE]

LARG Annual Meeting 2012

The ICMIF 2013 Annual LARG (Latin American Reinsurance Group) Meeting will take place this year in Santa Domingo, Dominican Republic from Wednesday 26 to Friday 28 June hosted by Cooperativa Nacional de Seguros, Coop-Seguros Inc. The meeting brings LARG members… [READ MORE]

Hilde Vernaillen of P&V Group

Earlier this year ICMIF member and Belgian cooperative P&V Group organised a one day conference on cooperative entrepreneurship in collaboration with the Belgian socialist political parties Sp.a and PS. P&V took the United Nations’ International Year of Cooperatives (IYC 2012) as… [READ MORE]

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The latest research from ICMIF’s Shared Intelligence department shows how the mutual and cooperative sectors in the UK, USA, Canada and Europe have all consistently and significantly outperformed the rest of the insurance market since the global financial crisis of… [READ MORE]

Claims

ICMIF’s Claims Network Seminar took place in London, UK, on 15 and 16 April, hosted by ICMIF Supporting Member, Clyde & Co. The event takes place biannually and focuses on best practice in claims management: new approaches and technologies. Topics… [READ MORE]

Willis Re 1st View April 2013 image

Mutual insurers have found themselves in a prime position to capitalise on changes in the traditional reinsurance market, according to ICMIF Supporting Member Willis Re. The recent 1st View April 2013 Renewals Report released by Willis Re found that changing… [READ MORE]

EIOPA TOWER

EU/US DIALOGUE The European supervisory authority overseeing insurance, EIOPA, the European Insurance and Occupational Pensions Authority, was established as a consequence of the reforms to the supervisory structure of the financial sector in the European Union following the economic crisis… [READ MORE]

Tan Suee Chieh receiving the Award from Stephen Lee

Tan Suee Chieh, Chief Executive Officer of ICMIF member NTUC Income has been named Outstanding Chief Executive of the Year 2012 in the latest Singapore Business Awards (SBA). Launched in 1985, the SBA has grown to be Singapore’s most prestigious… [READ MORE]

microinsurance

The latest figures from the Global Mutual Market Share 2011 report, ICMIF’s annual research report into the size of the global mutual and cooperative insurance sector, show that mutual and cooperative insurers in developing nations* have gained market share since… [READ MORE]

European-parliament

Last week the European Parliament unanimously adopted a report by MEP Luigi Berlinguer (S&D party) with recommendations to the EU Commission on a Statute for a European Mutual Society. Since its withdrawal from the Commission’s legislative agenda back in 2006,… [READ MORE]

Marc Bell CE

Hot on the heels of its recent rebrand success (see ICMIF news story), the award-winning UK mutual organisation benenden health has recently announced the internal appointment of its Marketing & Business Strategy Director, Marc Bell, to the role of Chief… [READ MORE]

Cape Town

It gives us great pleasure to announce that registration for the 2013 ICMIF Biennial Conference and General Assembly in Cape Town, South Africa, is now open. This will be the first ICMIF Conference to be held in Africa and we… [READ MORE]

Anu Pylkkänen of LocalTapiola Group, Finland

One of ICMIF’s Finnish members, the Tapiola Group (now LocalTapiola Group, as of 1 January 2013) was recognised as being the most responsible organisation in terms of Corporate and Social Responsibility (CSR) in Finland’s financial sector, following a poll carried… [READ MORE]

Aseguradora Tajy at ICMIF Americas Conference 2012

As 2012 came to a close, Allnations, the capital support facility of ICMIF, announced its sixth investment in an ICMIF member organisation. Aseguradora Tajy Propiedad Cooperativa S.A. of Paraguay received USD 300,000 from the facility in an agreement which will… [READ MORE]

Driving image

ICMIF member, The Co-operative Insurance, UK, has launched a free Smartphone app to allow young drivers to find out how safe they are behind the wheel. The idea of the app is that it gives potential younger members of The… [READ MORE]

ICMIF AMC 2012

Registration is now open for the 2013 ICMIF Advanced Management Course 12-17 May, Manchester, UK The ICMIF Advanced Management Course is increasingly being used by our member organisations as a formal part of their talent development programmes for managers who… [READ MORE]

benenden health logo

With the New Year comes a new trading style for ICMIF member Benenden Healthcare Society, a leading health and wellbeing mutual, as it seeks to redefine itself in the tough UK healthcare market. The new brand name for the organisation… [READ MORE]

fsa

Mutual insurers in the UK look likely to have been granted concessions on the regulation of with-profit policies by the Financial Services Authority (FSA). This change from the regulator would bring an end to the industry’s concerns over the treatment… [READ MORE]

Tan Suee Chieh (Income CEO)

NTUC Income Chief Executive, Tan Suee Chieh, was conferred a “Lifetime Achievement Award” on 30 November 2012 in the annual Hall of Fame Awards organised by the Institute of Advertising Singapore (IAS). This is the highest honour given to an… [READ MORE]

The Cooperative Insurance

New research from The Co-operative Insurance shows that nearly half of young drivers in the UK (48%) think they will struggle to afford their car insurance next year. The research, which polled UK motorists on their attitude to the recent… [READ MORE]

Dr. Rafael Moliterno Neto, Chief Executive Officer, Seguros Unimed

ICMIF member, Seguros Unimed, has been named the best provider of supplementary health insurance in Brazil in a recent performance index (the Índice de Desempenho da Saúde Suplementar or IDSS), carried out and published by the Brazilian National Supplementary Health… [READ MORE]

Mr Katsumi Asada, Ms Mihoko Matsueda and Mr Masanori Shiraishi

Award Winners announced at the “It’s Nice to be Connected” competition During its 64th General Assembly on December 18, 2009, the United Nations declared that 2012 would be the International Year of Cooperatives (IYC). The aim of the year would… [READ MORE]

ICMIF Mutual Market Share - 2011 figures published

Mutual and cooperative insurers have been significantly outperforming other insurance companies in the period since the global financial crisis of 2007-8. According to new research by ICMIF, the period between 2007 and 2011 has seen premium income for the world’s… [READ MORE]

Dr. Rafael Moliterno Neto, Chief Executive Officer, Seguros Unimed

The International Cooperative and Mutual Insurance Federation / Regional Association for the Americas (ICMIF/Americas) recently elected new officers for the 2012-2013 Board of Trustees at its recent Annual Members Meeting held during the ICMIF/Americas 20th Annual Conference in Buenos Aires,… [READ MORE]

NFU Mutual supports campaign to save lives on UK roads

A new campaign to reduce the number of deaths of young drivers on rural roads in the UK was launched recently. The launch was organised by one of the largest rural youth organisations in the UK, the National Federation of… [READ MORE]

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Over thirty participants got a real sense of the reality of running a microinsurance operation using the unique ICMIF microinsurance simulation to translate theory into practice during a two day workshop in Dar es Salaam, Tanzania, at the beginning of… [READ MORE]