Blog articles

Read inspirational blog articles from the mutual and cooperative sector.

Beware of the relentless spread of personal accountability across borders

The below blog was published on the Willis Towers Watson Wire website on 24 October 2018. It was written by Francis Kean, Executive Director in Willis Towers Watson’s FINEX Global, is reproduced here for the benefit of our members with the kind permission of ICMIF Supporting Member Willis Re. The acronym FSB probably conjures up for you the Federal […]

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Our experiences of the G20 Insurance Forum

This year Argentina holds the G20 presidency and a G20 Insurance Forum took place this year for the first time ever in September in Bariloche, Patagonia. Four Argentinian ICMIF member organisations Sancor Seguros, La Segunda, San Cristóbal and ADIRA  supported the project and helped to host the Forum. Alejandro Simón (seen on the far right […]

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Cyber security insurance: Why mutuals and cooperatives have an advantage

There is significant growth potential for cyber security insurance products in Europe, according to an August study by the European Insurance and Occupational Pensions Authority, although many market challenges and issues remain. The report, “Understanding Cyber Insurance – A Structured Dialogue with Insurance Companies,” points out that most earlier studies focus on either the United […]

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Four technology changes which are helping insurers become true risk partners

Mark McLaughlin, Global Insurance Director at IBM, was interviewed by A.M. BestTV at the Meeting of Reinsurance Officials 2018 in Montreal. A.M. BestTV delivers A.M. Best’s coverage of the insurance industry in a television-quality format. In this interview with John Weber of A.M. Best TV, Mark describes how insurers and insureds benefit from four main changes happening in […]

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Securian Financial’s Executive Vice President and Chief Financial Officer Warren Zaccaro meets with Prince Charles on sustainability

Grandiose royal weddings like the nuptials of Prince Harry and Meghan Markle. The birth of babies like Prince George, Princess Charlotte and the newest member of the Royal Family, Prince Louis. When most Americans think about the British Royal Family, events like these are the first things that come to mind. However, as Securian Financial’s […]

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There is no planet B: Climate change and the impact on financial reporting

“There is no planet B” was a widely used slogan in the run up to the COP 21 United Nations (UN) Climate Change Conference in Paris in 2015. The slogan was aimed at focusing the minds of those in governments around the world on their ever-stretched public purses and budgets and on the need to […]

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For better or for worse? What impact will technology have on the mutual sector?

As technology continues to transform virtually all aspects of the insurance industry, the potential impact is of especial interest for mutual insurers, insurance cooperatives and other member-owned insurance companies around the world. Like all insurance companies, the fundamental change that technology is having on the insurance value chain is disrupting the existing operating models of […]

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What being a responsible business really means

Each year Responsible Business Week helps celebrate UK businesses which actively make a positive impact on society. In this blog, NFU Mutual’s Chief Executive Lindsay Sinclair describes what being a responsible business means to him, to the business and to NFU Mutual’s communities. I am always so pleased when I meet new people and they ask me […]

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Overcoming unconscious bias

Diversity and inclusion in the workplace have long been considered a natural fit to the organisational values of insurance companies that have a cooperative, mutual and other member-owned business model, and which are part of the International Cooperative and Mutual Insurance Federation (ICMIF) membership. Increasingly, they are realising that diversity is not just the right […]

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Our mutual roots

The idea for this blog emerged during one of the many phone conversations I have with Thierry Weishaupt, Director of China Operations, at ICMIF member Groupe VYV (France). Sometimes the line is crystal clear in spite of the 10,408,58 km that separate his Beijing office from mine in Brussels and sometimes it is somewhat broken […]

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