Blog articles

Read inspirational blog articles from the mutual and cooperative sector.

Beyond the premium: unlocking the power of insurance for good

In this guest blog, Izak Smit, Group Chief Executive Officer, PPS (South Africa) shares his thoughts on how insurance can go beyond financial protection to actively shape a safer, more resilient, and happier world with insurance as a cornerstone of global well-being, not just a safety net. PPS is the only mutual financial services company […]

A year of collaboration and opportunity: Reflecting on 2024 and looking ahead to 2025

As the new CEO of the International Cooperative and Mutual Insurance Federation (ICMIF), I am deeply honoured to lead this vibrant global network into an exciting era. Building on the remarkable legacy of Shaun Tarbuck, I am inspired by the progress we have made as a sector and the opportunities that lie ahead. Reflecting on […]

Today’s modern mutual

In this guest blog, Donna Carbell, Executive Vice-President, Individual Insurance and Brand Impact, Equitable (Canada) shares her insights on how mutual insurance companies are both relevant and successful in the current insurance landscape. We are pleased to share this guest blog from Donna for the benefit of ICMIF members, which is reproduced here with permission. […]

Wanted: A sustainable solution for secondary perils

“Canada is no stranger to extreme weather, but recent trends show that secondary perils – once considered more manageable – are now occurring with increasing frequency, intensity and unpredictability. Wildfires, floods and hailstorms are no longer just seasonal hazards; they are now a significant and persistent threat, causing billions in damages. This reshapes the risk […]

Collaborating with purpose

This blog is the ICMIF Chair report from Rob Wesseling, also President and CEO at Co-operators (Canada), and is taken from the new ICMIF Member Impact Report (published October 2024).  The Member Impact report highlights the impact that ICMIF’s member proposition has achieved during the last two years and includes testimonials from member organisations.  As […]

The UK and France: A joint perspective on mutuality

In this guest blog, Steven Hill, Head of Policy, Royal London Group (UK) and Xavier Michel, Public Affairs Director, Aéma Groupe (France), who each published manifestos this year, highlight the essential role played by mutual players in the economy and society of the countries in which they operate. Introduction Mutuals have a long history in […]

Holistic balance sheet management in insurance: navigating the path from risk taking to value creation

In this guest blog, Yuriy Krvavych, Managing Director – Risk Intelligence & Strategic Advisory at ICMIF Supporting Member Guy Carpenter (UK) and William Gibbons, Principal – Insurance Investment, Mercer (UK) discuss integrated risk management within the insurance industry, and Holistic Balance Sheet Management (HBSM) as a tool for insurers to navigate and mitigate complex risks […]

Thinking globally for mutual success

It goes without saying that today’s mutual or cooperative insurer faces both promising opportunities and unique challenges. As a sector, we represent more than 26% of the global insurance market and so play a crucial role in having a positive influence on the future impact of our industry. ICMIF members invariably stand out for our […]

Creating lasting change through collaboration: The tangible benefits of ICMIF membership

“ICMIF has played a crucial role in helping us form strong relationships with external organisations, while also introducing innovative ideas and opportunities focused on enhancing and upskilling our workforce,” writes Noel Raboy, President and CEO of ICMIF member CLIMBS (Philippines), in this guest blog for ICMIF. “As we continue to grow and evolve in our […]

The value of cooperation in the insurance industry: history, present and future

In this guest blog, Dr Ariel Guarco, President of the International Co-operative Alliance (ICA), the apex body representing cooperatives worldwide, looks at the history and origins of the first mutual insurers and insurance cooperatives; how the sector has grown through cooperation; and what the future holds for our sector, notably the significance of next year’s […]

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