The cooperative and mutual insurance sector is the fastest growing part of the global insurance sector. ICMIF represents just under 200 of the leading cooperative and mutual insurers from more than 60 countries.
Leveraging their mutual/cooperative values and unique governance arrangements, ICMIF members are the fastest growing part of the insurance sector. ICMIF members have grown at a significantly faster aggregate rate than both the global insurance market as a whole and the total cooperative and mutual insurance market since 2007*. During this 10-year period, ICMIF members increased their collective premium volume by 39.3%. This exceeded the total cooperative/mutual market by more than 10 percentage points (29.2%) and was also considerably greater than the total market average, which grew by a total of 16.8%.
If you wish to join the Federation and this leading group of member organizations: please contact Shaun Tarbuck, Chief Executive, ICMIF.
Once an application for membership has been received this will be reviewed and in most cases approved quickly by the ICMIF Executive Committee which meets regularly. Their decision is then further endorsed by the ICMIF Board of Directors at its annual meeting.
If and when membership of the Federation is granted, this will also provide automatic membership of the appropriate regional association.
ICMIF is primarily funded through its membership fees but may also gain an income from some additional services, such as conferences and training for which a delegate fee is sometimes charged to members.
* ICMIF Key Statistics 2018 report