Slide 1
Connecting purpose-led
insurers globally

The International Cooperative and Mutual Insurance Federation (ICMIF) is unlike other industry associations or networking platforms you might know, because it is the only place where purpose-led insurers from across the globe come together to strengthen their organisations within a non-competitive environment. It exists to support you and your team, to boost your organisational capabilities, and to be the voice of the sector wherever it is most needed.

Our challenges are universal, but your solutions are unique.
Slide 2
ICMIF Members: Key Statistics 2023

200 member organisations in 61 countries

200 member organisations in 61 countries

200 member organisations in 61 countries

Members represent USD 247 billion in premium income and USD 2 trillion in total assets

Members represent USD 247 billion in premium income and USD 2 trillion in total assets

Members represent USD 249 billion in premium income and USD 2 trillion in total assets

Last year, 70% of ICMIF members exceeded their local market's annual growth

Last year, 70% of ICMIF members exceeded their local market's annual growth

46.7% growth in premium volume since 2007 compared to total insurance market growth of 36.1%

Slide 2
ICMIF Centenary

Throughout the year, we will be hosting a Centenary Conference; various online events and webinars; producing a digital archive of ICMIF’s history; and sharing video recordings featuring key people from the membership discussing what has changed in the last 25 years and looking ahead to the future. We will showcase how ICMIF has successfully led the mutual and cooperative insurance sector in the past featuring our achievements and we will also look to the future and share our aims and goals.

Throughout the year, we will be hosting a Centenary Conference; various online events and webinars; producing a digital archive of ICMIF’s history; and sharing video recordings featuring key people from the membership discussing what has changed in the last 25 years and looking ahead to the future. We will showcase how ICMIF has successfully led the mutual and cooperative insurance sector in the past featuring our achievements and we will also look to the future and share our aims and goals.

Throughout 2022, ICMIF hosted a Centenary Conference; various online events and webinars; produced a digital archive of ICMIF’s history; and shared video recordings featuring key people from the membership discussing what they have seen change in the last 25 years and looking ahead to the future. We also showcased how ICMIF has successfully led the mutual and cooperative insurance sector in the past featuring our achievements and we also looked to the future and shared our aims and goals.

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Our members' key strategic themes

Mutual difference

Leveraging the uniqueness of the mutual/cooperative value proposition in order to create a positive differentiator from market competitors.

Innovation and emerging risks

Innovating to seize new business opportunities and respond to the development of technological advances, changing customer behaviours and emergence of new risks.

Sustainability and social responsibility

Embedding sustainability and responsible business practices that align with mutual/cooperative values and contribute to a positive impact on communities and societies.

Global Mutual Market Share 2023

Global Mutual Market Share is ICMIF’s annual statistical report on the size and financial performance of the global mutual and cooperative insurance sector. The report includes a detailed analysis of the premium income, assets, investments, number of employees and number of members/policyholders of over 4,400 mutual and cooperative insurance companies in 79 countries.

ICMIF Resilience Hub

In November 2019, the International Cooperative and Mutual Insurance Federation (ICMIF) and the United Nations Office for Disaster Risk Reduction (UNDRR) began a multi-year collaboration to help address the urgent challenge of reducing disaster risks. The result of this bore a report that identified what is needed in practical terms to enable a shift within the insurance industry from a focus on providing risk transfer products and services as a means to protect the insured from disaster risks, to an emphasis on prevention through disaster risk reduction incentives, awareness, capacity and financing. Building on this, ICMIF has now created a case study hub, with the aim to showcase the multitude of risk reduction stories from mutuals around the world.

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