Mami Mizutori is Special Representative of the UN Secretary-General for Disaster Risk Reduction and Head of the United Nations Office for Disaster Risk Reduction (UNDRR), one of ICMIF’s partner organisations. In November 2019, ICMIF and UNDRR began a multi-year collaboration to help address the urgent challenge of reducing disaster risks. This work, with collaboration from our members, […]
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“There’s no doubt that the time is now for embedded insurance as insurers and other companies try to unlock value from seamlessly weaving insurance into purchase, use and upkeep of assets and services. A confluence of societal trends and market forces – from technology advancements and pervasive connectivity to shifting consumer needs and evolving growth […]
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“Parametric insurance is not a new concept. Such products and solutions have been in existence for more than 20 years. On the African continent, however, parametric insurance is relatively new but becoming ever more crucial to climate resilience” writes Lesley Ndlovu, Chief Executive Officer, African Risk Capacity (ARC, South Africa). We are pleased to share […]
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In a rapidly changing world that is ever more complex, on a planet that is getting warmer, and at a time when we have to focus on performance and people in equal measure, the status quo is no longer an option. Earlier this year, Geneviève Fortier, CEO of Canadian ICMIF member Promutuel Insurance, explained during […]
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“Artificial Intelligence (AI) is all over the news and the AI market is expected to grow to USD 15 trillion by 2030 – that’s three times the size of the mobile market. Contrary to what many people think, AI is not only for tech companies; it is getting into all types and sizes of businesses. […]
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ICMIF member companies with over 30% women on their boards outperformed the total ICMIF membership in terms of 5-year and 10-year premium growth. This was the key finding when ICMIF compared the latest financial performance of its membership through its research on the gender diversity of its members’ boards of directors. Ahead of International Women’s […]
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“Insurers and reinsurers face a tremendous amount of change and uncertainty, and that uncertainty only continues to grow in speed and complexity. Given this context, it is more important than ever for organisations to anticipate emerging trends and the risks that they pose to strategy,” writes Lorie Graham, Senior Vice President and Chief Risk Officer […]
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“The year 2022 witnessed the category 4 storm Hurricane Ian devastate southwest Florida in the United States, while unprecedented flooding displaced 33 million Pakistanis and extreme heat melted train tracks and airport runways in the United Kingdom. Such extreme weather events challenge societal tendencies to deal with the aftermath of storms, floods, heatwaves and wildfires […]
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At the start of the year, our CEO Shaun Tarbuck shared his blog Delivering on purpose, outlining the action ICMIF has taken to support its members, focusing on their resilience; sustainable investment; and ESG/SDG journeys. He also looked ahead to how our 2023 working groups and roundtables will culminate in an ICMIF Sustainability Summit in […]
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At the beginning of 2022, I wrote a blog entitled The future is filled with purpose and the concluding paragraph stated “Let 2022 be not just about our centenary but also about the next century and the increasingly important role mutual insurers will play”. It was definitely a challenge laid down to the mutual and […]
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